Avaand

Avaand

The tariff war between countries, especially major ones like the U.S. and China can indirectly affect Bitcoin (BTC/USD), but in a very different way compared to gold. Like gold, Bitcoin is sometimes treated as a hedge against uncertainty, especially by retail and some institutional investors. Trade wars create global tension and fear of economic slowdowns, which...

Avaand

After reaching a record high of $2,150 per ounce on December 3, 2023, gold prices have struggled to sustain the upward momentum. Despite attempts to maintain the bullish trend, the market has shown signs of waning upward pressure. Consequently, a bearish trend appears to be emerging. Technical analysis suggests that there could be a corrective pullback towards the...

Avaand

With the overall ongoing economic condition, market sentiment, we are likely to see a upward trend on GOLD to breakout this 1680 - 2000 area and push up to make a new high. Looking from an investor behavior perspective, I would like to see gold reach up till 2700 in 2023. Facts and idea that support GOLD is ready for an uptrend. Considering the fact that...

Avaand

Facts that support Dow Jones could do a pull back to 29500 area. Considering the fact that United States Government Debt to GDP is trading at all time high 129%. Considering the fact that Feds going to increase rate hikes on the 26th of July, we could potentially see the greed of the stock market is going to decline. Because whenever feds increase...