Key highlights: Gold and silver posted sharp declines as macro data and dollar strength outweighed safe-haven demand. Both metals are testing key technical support zones after a multi-billion-dollar market wipeout. Forecasts point to continued near-term pressure before any sustained recovery attempt. Gold and Silver got hit by a massive sell-off that resulted in a total […]
Tag: BREAKING
By Jordan Lyanchev With almost seven weeks into the war in the Middle East, the two main sides, the US and Iran, announced some major de-escalation news on Friday, which included the reopening of the Strait of Hormuz and some progress on the peace talk front. This resulted in immediate volatility in all financial markets, […]
By Emir Abyazov Key highlights: Bitcoin hovers around the $86,000 zone as traders brace for a possible US government shutdown and a closely watched Fed rate decision this week. Short-term traders eye any bounce as a chance to open new shorts while key support near $86,300 decides whether the slide extends toward $80,000. Seasonal patterns […]