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Bitcoin (BTC) Price Prediction – December 24 For the past few months, Bitcoin has seen a massive increase in buying pressure after the initial global [...]
Gold Price Forecast: Downtrend Remains, but Looks like a Bull Flag - Levels for XAU/USD Advertisement Gold prices remain in their multi-month downtrend, but budding bullish momentum on the daily timeframe necessitates other considerations, like a breakout to all-time highs in 2021. Gold prices are trading between the 23.6% and 38.2% Fibonacci retracements of the 2020 low/high range at between 1836.97 and 1928.05. According to theIG Client Sentiment Index, gold prices have a bearish outlook. Gold Price Action Stabilizes Gold prices have had a rocky week, thanks in part to t...
Bitcoin (BTC) Price Outlook: Short-Term Pullback in the Making? 2020-12-22 00:00:00 Daniel Moss, Analyst Bitcoin, BTC/USD, Symmetrical Triangle, RSI Divergence, Bullish MA Stacking – Talking Points: Bitcoin’s long-term outlook remains skewed to the topside. However, the popular cryptocurrency could be at risk of a pullback in the near term. Advertisement As mentioned previously, the provision of extraordinary fiscal and monetary stimulus measures in response to the novel coronavirus pandemic has unde...
Gold Price 1Q 2021 Technical Forecast: The Correction May Be Over Soon 2020-12-19 10:00:00 Paul Robinson, Strategist Gold Price Technical Outlook: Bull-flag building around long-term support Coming Soon! Download the NEW 1st Quarter Forecast Live on Monday on our Free Trading Guides Page! The final three month frame of 2020 brought with it weakness, an outlook we had going into Q4. The general nature of the decline looked corrective within the context of a longer-term uptrend as buyers stepped in routinely and prevented the m...
US Dollar Outlook Dictated by Stimulus Talks Ahead of FOMC Meeting 2020-12-15 03:00:00 Daniel Moss, Analyst US Dollar, DXY, Federal Reserve, Fiscal Stimulus Talks – Talking Points: Progress in fiscal aid talks may trigger further downside for the haven-associated US Dollar. However, the absence of any meaningful monetary policy adjustment from the Federal Reserve may foster a short-term rebound. US Dollar Index poised to extend losses after slicing through Bear Flag support. Advertisement Fiscal Aid Ho...