By Jordan Lyanchev Financial markets experienced enhanced turbulence in the middle of August after the US Treasury Department’s Scott Bessent announced a major monetary pivot. Bitcoin and gold were among the most significant beneficiaries, posting substantial gains in the first few days. However, the landscape has since changed, especially for the precious metal. What Happened? […]
Tag: XAUUSD
Key highlights: Bitget has launched a new challenge called “Gold Fast or Go Home” The challenge is highlighting the Bitget app’s redesign, which provides easier access to traditional assets In order to participate, users have to record themselves opening the Bitget app and completing a gold trade as quickly as possible Bitget puts a spotlight […]
By Afe Funbi Key highlights: The gold price bounced from $5,014 and is now testing the key $5,140–$5,150 resistance zone. Analysts see two scenarios: a pullback toward $5,060–$5,040 or a breakout toward $5,200 and $5,360. Charts show buyers defending support and forming higher lows, keeping the broader trend intact. Gold started the week off on […]