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Dear friends, In general, the upward trend in price and accumulation is strengthening the upward momentum of gold at the present time, whereby the USD has dropped to its lowest level in the past 5 months, helping today's gold price become attractive. Meanwhile, the 10-year US bond interest rate dropped to 3.8%/year. This has prompted many people to lack interest in bonds, focusing capital on precious metals. Gold prices continue to increase today, which is understandable. On the other side: Using the Elliott wave measuring tool (1,2,3,4,5) we see that the previous 4 waves have completed. The perfect target for wave 5 could be the psychological level of 2100 USD.

Hello everyone! What do you think about the BTCUSDT currency pair? I believe that BTCUSDT will increase in value as macro factors, including the possibility of approval of a Bitcoin spot ETF in the US, the possibility of a recession in the US, monetary policy reversals, and risk geopolitics, contributing to a favorable outlook for Bitcoin prices in 2024, thereby supporting this currency pair. From a technical standpoint: BTCUSDT is likely to form a cup and handle pattern and if successful, the price could break above $43687 and form a new high. Do you agree with my opinion?

Dear friends, As predicted, the upward trend of precious metals continues. Evidence of this is the breakthrough of resistance at $2070 and the stable rise to $2083 as of the present moment. My personal assessment is that the peak may be reached in 2024 as the US dollar is on a downward trend. The weakening economy and cooling inflation will force the US to lower interest rates, providing support for gold. The US dollar has been steadily declining in recent sessions. The DXY index (which measures the fluctuation of the US dollar against a basket of major currencies as of the night of December 27) has dropped to 101.3 points. Over the past two weeks, this index has fallen by a total of nearly 2.6%. This increases the attractiveness of international gold. Regarding expectations, the price of gold may not rise too strongly as it has already increased rapidly throughout December 2023. Investors reflect their expectations of a US interest rate cut in 2024 in the recent gold price increase. This also implies that when the US officially lowers interest rates, gold may not have much motivation to rise significantly. For these reasons, I expect that in the short term, the psychological level of $2100 will be reached after adjusting to the designated level. What is your opinion?Comment: good luck

Gold prices stabilized in a modest upward trend in the context of the US Federal Reserve (Fed) signaling three interest rate cuts from 2024. The DXY index - which measures the movement of the USD against a basket of major currencies - continues its downward trend. Over the past two weeks, this index has decreased a total of 2.5% to only 101.5 points. Thereby supporting gold price increase. On the other hand, from the 2-hour chart Bollinger Bands are moving sideways and there are still no signs of a significant breakout. From a personal perspective, I believe: the price is still in the accumulation phase. As long as the price stabilizes above the support level of 2052 and 2054 USD, the price will increase further with an expected increase of 2100 USDTrade active

Dear readers, Bitcoin's price is currently trading below the resistance level of $43,000, indicating a significant breakthrough. This bearish move is the main factor driving the price to seek new support levels below $41,677, specifically around $41,463 (which aligns with the Fibonacci 0.618 level). As long as the bullish camp disputes and maintains above this level, the upward momentum will remain a priority. What are your thoughts on the future trend of the cryptocurrency market?Trade activeComment: good luckComment:

Dear readers, Just as I predicted yesterday, after the price adjusted to the level of 2054, gold continued to maintain its strong upward trend. At the time of writing this article, the price is stable around 2964 - 2066 USD. Personal analysis: Currently, gold benefits from a weakening US dollar in 2024 and political instability in many places such as Ukraine, the Middle East, and the Taiwan Strait (China). Additionally, there is an ongoing economic conflict between the US and China. Therefore, the prospects still lean towards an upward trend as gold performs well in the rising price channel, providing further momentum for this precious metal's recovery.Trade activeComment:Comment: News about Middle East tensions are returning and are likely to increase and flare up in the near future. Gold prices are forecast to be less volatile and stay high for the rest of the year.

Dear friends! Do you have questions about Gold today? Regarding impact news: The market today does not have much supporting information. The gold market is preparing to end 2023 with strong price increases. The US Federal Reserve (Fed) has signaled that it may cut interest rates three times by 2024. The Fed reduces interest rates, meaning the USD weakens, thereby supporting gold prices. Therefore, it will not be surprising if gold prices will continue to be supported by the weakening of the USD. The recent technical breakthrough could push gold prices to $2,100/ounce. Technical analysis: The short-term price uptrend continues Gold's upward momentum without any significant breakthroughComment: good luckComment: US WTI crude futures rose 0.33% to $73.80/barrel and Brent futures were at $79.33, down 0.08% on the day.Trade activeComment:

Currently, Bitcoin is still moving sideways without too much movement below the resistance level of $44,200, trading around $43,425. The bullish trend still exists so it would not be surprising if the price continues to rise after adjusting to the indicated level, with an expected increase of $49,829. What are your thoughts on this? Do you agree with me?

A great opening to the trading session and expectations that the Fed will reduce interest rates pushed Gold to 2064 USD at the time of writing. Accordingly, the strong long-term uptrend has created some meaningful growth drivers for this precious metal. It is expected that the price will increase to the specified level after retesting the specified level. What is your view? Do you agree with me?Trade activeComment:Comment: The Fed eases its interest rates. Gold's rally will continue towards new highs in the future.Comment: