Bitcoin July 29 daily chart alert – Bulls lose some steam as trading turns sideways
(Kitco News) – Tuesday, July 29—August bitcoin futures prices are again near steady in quieter summertime U.S. trading Tuesday. Trading remains sideways and choppy at higher levels.
Read moreGold market analysis for July 29 – key intra-day price entry levels for active traders
(Kitco News) – This 5-minute bar chart for Comex gold futures can be a valuable analytical and trading tool for the active intra-day gold futures trader/market watcher.
Read moreWall Street thrives while Main Street struggles: Financial Stress Index soars to pandemic-era levels
(Kitco News) – While Wall Street boasts a resilient economy backed by strong corporate earnings and a bullish stock market, everyday Americans are grappling with rising debt and financial stress—now at its highest level in five years, according to new data from LegalShield.
Read moreBillionaire investor Ray Dalio urges 15% allocation in gold or Bitcoin, says world on the verge of an economic heart attack
(Kitco News) – Billionaire investor Ray Dalio continues to sound the alarm over the health of the global economy, citing unsustainable government deficit spending. He is advising investors to allocate around 15% of their portfolios to alternative curre…
Read moreGold sells off as greenback sees sharp gains
(Kitco News) – Gold prices are solidly lower and hit a two-week low near midday Monday, while silver is trading near steady. Gold is seeing pressure from sharp gains in the U.S. dollar index and a slight uptick in U.S. Treasury yields.
Read moreBitcoin July 28 daily chart alert – Trading turns choppy, sideways
(Kitco News) – Monday, July 28—August bitcoin futures prices are near steady in early U.S. trading Monday. Trading has been sideways and choppy at higher levels for the past two weeks.
Read moreGold market analysis for July 28 – key intra-day price entry levels for active traders
(Kitco News) – This 5-minute bar chart for Comex gold futures can be a valuable analytical and trading tool for the active intra-day gold futures trader/market watcher.
Read moreGold price near steady as risk aversion recedes
(Kitco News) – Gold and silver prices are near steady to start the trading week. That’s not too disappointing for the precious metals bulls, given the stronger U.S. dollar index today and that risk appetite is strong enough to have pushed the major U.S. stock indexes to record highs overnight.
Read moreGold is a game of inches, and patience
(Kitco News) – Gold and silver bulls were riding high—until another rally collapsed at the last hurdle. For the fourth time, gold made another mad dash for the $3,400 finish line—only to trip over its own shoelaces once again.
Read moreWall Street bets on gold consolidation or correction, Main Street remains bullish as Fed rate decision and major data loom
The latest Kitco News Weekly Gold Survey showed industry experts now divided between bears and fence-sitters, while retail traders maintained their renewed bullish bias on gold’s near-term prospects.
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