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Technical Outlook

Bitcoin gains traction on talks of new tariffs

Bitcoin bounced on Monday, benefiting from its status of alternative currency after new tariff announcement shook the markets and boosted safe haven demand. Near term action is moving between ascending 100DMA (95210, which offers initial support and so far keeps the downside protected) and 55DMA (98865, guarding psychological 100K barrier).…
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Gold hits new record high above $2900

Gold was top performer during early Monday trading after new tariff threats from President Trump fueled fears about global trade war and sparked fresh safe haven demand. Bulls cracked psychological $2900 barrier and hit new record high, in 1.5% advance during Asian / early European trading. Technical picture remains firmly bullish, although…
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Gold – bulls tighten grip after a minor consolidation

Gold price eased on Wednesday after hitting a series of new record highs in past 24 hours The latest bullish acceleration was sparked on as growing concerns about the negative impact of a trade war between US and China after two world’s largest economies imposed tariffs on each other. Investors fear that Trump’s tariffs could spark stronger…
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