Alena-Blohm

Dear friends! Currently, gold is going sideways and there are not many significant breakthrough fluctuations, stable transactions around US $ 2030. Accordingly, traders choose to wait on the sidelines before important meetings of the central bank at the end of today in the context of psychological accepting common risks. In addition, the US monthly retail sales data will provide some motivation for gold prices. I still hold the viewpoint from the previous division before: The price can still be slightly adjusted to the support level of about US $ 2,015, after escaping from the box to strengthen the rise!

Dear friends, Gold has surged past the $2000 mark, putting an end to its previous losing streak. The weakening US dollar and lower bond yields, as a result of the Federal Reserve's meeting, have acted as tailwinds for the precious metal. At the time of writing, the price has cooled off slightly, trading around $2031. In my opinion, gold is poised to continue its upward trend, with an expected increase to $2077 - $2114 after retesting the previously broken resistance level.

Dear friends, Currently, BTCUSDT is trading within a stable downtrend channel around the price level of $42,691. In my opinion, the price is expected to break out and reach a projected increase of $46,113.

Dear friends, Currently, Gold is experiencing a downward trend, trading near its three-week low at $1976. The XAU/USD price is becoming more accessible after the successful two-way trading activities observed in the release of US CPI data. The focus is now shifting to the policy announcements of the US Federal Reserve to create new trading momentum. In the short term, my perspective is that the price will continue to decrease after reaching the designated adjustment level, with an expected decline to $1955. Do you agree with my opinion? What is your viewpoint?

Dear friends, BTCUSDT continues to receive support from the $40,000 level. If this level is maintained, there may be an idea that the highest level of all time is about to appear. Therefore, it would not be surprising if further decline could end here. Based on chart analysis, it is expected that this price increase will be at the $47,000 level, higher than the $48,000 level.Trade activeComment:

Dear readers, what are your thoughts on BTCUSDT today? Currently, the price is still constrained below the resistance level of $41,600 and there are no signs of any reversal. Therefore, it would not be surprising if the price continues to decline, with an expected decrease to $39,094 after retesting the previously broken resistance level.

Dear friends, The gold market is currently facing a disadvantage, with prices dropping from $1995 to $1980. At present, the price is trading around this level and there have been no new breakthroughs. Today, gold prices continue to decline as the US announces that the annual Consumer Price Index (CPI) in November 2023 has increased by 3.1%, which is 0.1% lower than the previous month's 3.2%. Additionally, the US also reveals that the core inflation rate in November 2023 has risen by 4%, remaining unchanged from the previous month and aligning with market forecasts. Therefore, it would come as no surprise if the Federal Reserve keeps interest rates unchanged after its meeting on the morning of December 14th. Many people have reduced their expectations of an early rate cut by the Fed, so the least challenging path for gold at the moment is a decrease to an expected level of $1945.Trade active

Dear friends, The gold market is currently facing a disadvantage, with prices dropping from $1995 to $1980. At present, the price is trading around this level and there have been no new breakthroughs. Today, gold prices continue to decline as the US announces that the annual Consumer Price Index (CPI) in November 2023 has increased by 3.1%, which is 0.1% lower than the previous month's 3.2%. Additionally, the US also reveals that the core inflation rate in November 2023 has risen by 4%, remaining unchanged from the previous month and aligning with market forecasts. Therefore, it would come as no surprise if the Federal Reserve keeps interest rates unchanged after its meeting on the morning of December 14th. Many people have reduced their expectations of an early rate cut by the Fed, so the least challenging path for gold at the moment is a decrease to an expected level of $1945.

As predicted yesterday, gold continued its sharp decline, reaching a low of $1975 in the early trading days of the week. Regarding the news: Gold prices today are experiencing downward pressure as US bond yields rise by 4.26%. This has led to an increase in the value of the US dollar against many other currencies, putting gold in a disadvantageous position. In light of this, the Federal Reserve has maintained interest rates in its recent meetings. Given this context, it is likely that investors, concerned about risks, have sold off their gold holdings when it was trading around $2000 per ounce. Therefore, it would not be surprising if prices continue to decrease, with an expected drop to $1962 and the downward trend potentially lasting even longer to reach $1956Trade activeComment:

Dear friends, BTCUSDT continues to receive support from the $40,000 level. If this level is maintained, there may be an idea that the highest level of all time is about to appear. Therefore, it would not be surprising if further decline could end here. Based on chart analysis, it is expected that this price increase will be at the $47,000 level, higher than the $48,000 level.Trade active