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Inflationhedge

S&P 500 Daily Chart Analysis For Week of Nov 10, 2023Technical Analysis and Outlook: The Spooz index pivoted briefly from the completed Inner Index Rally 4375. This transition allowed traders with long positions to exit with prudence. The current momentum is solid and targets a Mean Resistance of 4515. Traders expect this momentum to ultimately lead to a retest of our completed Inner Index Rally 4590 on July 27, 2023. However, it's worth noting that the market can be quite reactive, and sudden fluctuations in either direction may occur. As such, traders should remain vigilant and have a sound strategy in place to deal with unexpected market movements.
SP:SPX
by TradeSelecter
2
S&P 500 Daily Chart Analysis For Week of Nov 3, 2023Technical Analysis and Outlook: The stabilized selloff in the bond market in this week's price action sent the index raging upward all the way up to Mean Res 4378 and completing our Inner Index Rally 4375. On the downside, the index will likely go down toward the Mean Sup 4238, followed by a series of price targets marked on the chart. However, due to the reactionary nature of the market, sudden fluctuations in either direction are possible.
SP:SPX
by TradeSelecter
13
S&P 500 Daily Chart Analysis For Week of Oct 13, 2023Technical Analysis and Outlook: The Spooz index price exceeded our previous Mean Resistance point of 4336 and closed at the location of a notable event. The recent downward trend suggests that the Mean Support level of 4294 may be reached, with a possibility of extending to the Mean Support of 4228 or even the next Inner Index Dip at 4150. If the index finds support at 4294, it may move up to the newly established Mean Resistance at 4378.
SP:SPX
by TradeSelecter
5
Gold Poised to Shine - 18% Upside Projected by Completing Wave 5Gold is currently trading around 494.92 RMB per gram in China as of July 25, 2023. Based on the technical analysis on XAUCNY showing we are currently in wave 5, subwave 4 of an upward trend, the prediction is that by January 2025, the price for 1 ounce of gold will reach 16575 RMB. Given that 1 ounce equals 28.3495 grams, a price of 16575 RMB per ounce implies that the price per gram of gold is expected to reach around 584 RMB by January 2025. This represents an increase of approximately 18% from the current price of 494.92 RMB per gram. Going from subwave 4 to subwave 5 typically signals the final leg of an advancing trend before it completes the larger degree wave 5. If the analysis is correct, we can expect the 18% price increase to occur over the next 1.5 years as gold enters the terminal subwave 5. The ongoing expansionary monetary policies by central banks globally serves as a key driver supporting higher gold prices. High inflation levels in many economies incentivizes investors to allocate more funds to gold as an inflation hedge. Geopolitical tensions, such as the Russia-Ukraine conflict also increase safe-haven demand for gold. While risks remain, such as potential interest rate hikes that strengthen the dollar, the overall backdrop still seems conducive for higher gold prices. From a technical perspective, the upside projection toward 584 RMB per gram over the next 1.5 years aligns with the view that subwave 5 will see accelerating upside momentum toward completing wave 5. In summary, based on current technical analysis, the prediction is that gold will reach 584 RMB per gram by January 2025, an 18% increase from today's levels, as it completes the final wave 5 uptrend over the coming months. The macroeconomic and geopolitical environment also seem supportive of this view.
SAXO:XAUCNHLong
by teconlab
S&P 500 Daily Chart Analysis For Week of September 15, 2023Technical Analysis and Outlook: The world's most popular trading and investing index gyrated this week within the last week hitting our Mean Sup 4435 and completed a pivotal rebound Mean Res 4520. Currently, there is a retracement underway to retest Mean Sup 4435 and 4370, as well as the completed Inner Index Dip 4340. The possibility of an intermediate extension to the completed Inner Index Rally 4590 is still being evaluated.
SP:SPX
by TradeSelecter
S&P 500 Daily Chart Analysis For Week of August 18, 2023Technical Analysis and Outlook: This week, the Spooz index finalized its down move by completing the Inner Index Dip 0f 4340. However, a strong rebound is possible with Mean Res 4460 as a primary target. On the downside, price action might churn about the completed Inner Index Dip 4340 and Mean Sup 4330 before taking off to the upside. Notwithstanding, if all fails, the market will take us to the Next designated target of Inner Index Dip 4212.
SP:SPX
by TradeSelecter
The Ultimate Inflation Hedge Awaits! BTC or Gold?Today, we will dive into the age-old debate: Is it gold or bitcoin that reigns supreme? Get ready for a wild ride! We all know that inflation can be a real buzzkill, eroding the value of our hard-earned money faster than you can say "portfolio meltdown." So, seeking refuge in assets that can weather this storm is natural. But which one should you choose? Gold, the classic go-to, or Bitcoin, the shiny new contender? Let's start with gold. Ah, the timeless allure of this precious metal! For centuries, it has been the epitome of wealth and stability. Its physical nature and scarcity have made it a trusted store of value, a bedrock of financial security. But here's the plot twist: gold's performance in recent years has been a bit lackluster. It's like the steady, reliable friend who's always there for you but somehow never quite dazzles. Enter Bitcoin, the enigmatic superstar of the digital world. This cryptocurrency has taken the financial realm by storm, capturing the imaginations of tech-savvy investors everywhere. With its decentralized nature and limited supply, bitcoin has become a symbol of rebellion against the traditional financial system. It's like that edgy, unpredictable friend who always keeps you on your toes. But here's the kicker: bitcoin's volatility can make even the most daring traders break out in a cold sweat. Yes, it has had its moments of glory, soaring to unimaginable heights. Yet, it has also experienced gut-wrenching plunges that can leave you questioning your life choices. So, is it the ultimate hedge against inflation or just a wild rollercoaster ride? Now, brace yourselves for the unexpected twist in the tale! We present an alternative that might blow your socks off: USDJPY, the forex pair quietly dominating the inflation hedge game. Buckle up, folks, because this one's a game-changer! The USDJPY forex pair, a combination of the US dollar and the Japanese yen, has been a powerhouse performer when it comes to hedging against inflation. It combines the stability of a primary currency with the potential for substantial gains. The Japanese yen, renowned for its safe-haven status, and the US dollar, the world's reserve currency, create a formidable duo that can weather the storm of inflation like no other. So, dear traders, it's time to take action! Don't just sit on the sidelines, wondering which asset will reign supreme. Invest in USDJPY and seize the opportunity to maximize your returns while hedging against inflation. It's time to step out of the gold and bitcoin bubble and embrace the surprising potential of this forex pair. Join the USDJPY revolution today and let your trading prowess shine like never before! Take a leap of faith, and you might discover the ultimate inflation hedge you've been searching for. Invest in USDJPY now and unlock the untapped potential of the ultimate inflation hedge!
BITSTAMP:BTCUSD
by bryandowningqln