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Gold bullish more and more others country in whole in warGold has been hitting all-time highs almost daily for the past two weeks, reaching $2364 in the spot market on Tuesday before the start of US trading. The ability to rise above $2071 per ounce, which gold found in late February, has signalled a break of resistance that has kept gold above since August 2021 Gold is now rising more actively than it did in the previous long-term bull cycle. In 2011, years of gains were followed by a two-year consolidation
OANDA:XAUUSDLong
by Mrsam36
XAUUSD break range above the high level read the caption The fact we saw an intraday break above $2400 quickly reverse suggests traders are keen to book profits, which in turn suggests we may be about to experience some sort of shakeout at these highs.” Gold price (XAU/USD) oscillates in a narrow trading band heading into the European session on Tuesday and remains well within the striking distance of the all-time peak touched last week. The US Dollar (USD) climbs to its highest level since early November inflation. The hawkish outlook remains supportive of elevated US Treasury bond yields and keeps a lid on any meaningful appreciating move for the non-yielding yellow metal.
OANDA:XAUUSDLong
by Mrsam36
BTC during war up war finish BTC down read the caption Bitcoin bids have accelerated in the past hour as it nearly erases the week-end drop that was prompted by Iran's strikes on Israel. The catalyst for the latest leg of buying is the Hong Kong approval of spot BTC and ETH applications for ETFs. It's not yet clear when they will launch but there are a handful of applications. Bitcoin remains about 1.2% below pre-attack levels but ethereum is now higher. Both moves were rumored last week so they're not entirely surprising but for ETH it's particularly bullish given that a US ETF approval is now looking unlikely
BITSTAMP:BTCUSDLong
by Mrsam36
Nzdusd head to go up during war read the caption reflects the ongoing dominance of sellers, declining towards the 0.5935 mark. While signs of bearish control are evident, there is a clue of bullish resilience, hinting at a neutral to bearish The daily  Relative Strength Index (RSI) maintains a consistent presence in the negative territory below 50, with the latest value at 38 which indicates that sellers are in command. That being said, green bars take shape on the Moving Average Convergence Divergence (MACD) histogram, indicating a slowing of the bearish momentum
Long
by Mrsam36