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💰 Gold bounces off $4,650 demand area yet again amid broad risk aversion.
💵 The US Dollar retreats from ten-day highs as buyers take a breather after the recent uptrend.
📈 Technically, Gold’s bullish trend remains intact, with dip-buying a key trading strategy.
Read Dhwani Mehta's analysis on the next XAU/USD moves ⏬
#GOLD #XAUUSD $XAU
💵 The US Dollar retreats from ten-day highs as buyers take a breather after the recent uptrend.
📈 Technically, Gold’s bullish trend remains intact, with dip-buying a key trading strategy.
Read Dhwani Mehta's analysis on the next XAU/USD moves ⏬
#GOLD #XAUUSD $XAU
😱 😱 😱 💵 💵 $BTC
😭 😭$BTC 💔
VIP MARKET UPDATE: $ETH/BTC
➖➖➖➖➖➖➖
$ETH/BTC remains deep inside a long-term downtrend, still respecting the descending channel.
Price is weak and underperforms BTC, but it’s now sitting near the lower boundary, an area where short-term relief bounces have happened before. This is not strength, just potential stabilization if sellers slow down.
As long as this trend isn’t broken, ETH continues to lag Bitcoin.
➖➖➖➖➖➖➖
- #Binance Killers$BNB $BTC
➖➖➖➖➖➖➖
$ETH/BTC remains deep inside a long-term downtrend, still respecting the descending channel.
Price is weak and underperforms BTC, but it’s now sitting near the lower boundary, an area where short-term relief bounces have happened before. This is not strength, just potential stabilization if sellers slow down.
As long as this trend isn’t broken, ETH continues to lag Bitcoin.
➖➖➖➖➖➖➖
- #Binance Killers$BNB $BTC
💵 💵 💰 💰 $BTC 🤝
What you need to know on Friday, February 6:
🇪🇺 Financial markets revolved around European central banks’ monetary policy decisions.
💸 Dollar Index is trading near the 97.80 price zone, surging from its intraday lows even after the number of US citizens submitting new applications for unemployment insurance rose to 231K for the week ending January 31.
🇪🇺 Financial markets revolved around European central banks’ monetary policy decisions.
💸 Dollar Index is trading near the 97.80 price zone, surging from its intraday lows even after the number of US citizens submitting new applications for unemployment insurance rose to 231K for the week ending January 31.
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*JUST IN:* 🇺🇸 Treasury Secretary Bessent calls for Congress to pass crypto market structure legislation.
"We have to get the Clarity Act across the finish line."
"We have to get the Clarity Act across the finish line."
💰 Gold challenges $4,800 early Thursday following the latest Trump commentary, geopolitical woes.
💵 The US Dollar enters an upside consolidation phase amid risk-off mood, ahead of JOLTS Job Openings data.
🔍 Gold looks to test 21-day SMA support once again, with upside likely intact on bullish RSI.
Read Dhwani Mehta's analysis on the next XAU/USD moves ⏬
#GOLD #XAUUSD $XAU
💵 The US Dollar enters an upside consolidation phase amid risk-off mood, ahead of JOLTS Job Openings data.
🔍 Gold looks to test 21-day SMA support once again, with upside likely intact on bullish RSI.
Read Dhwani Mehta's analysis on the next XAU/USD moves ⏬
#GOLD #XAUUSD $XAU
What you need to know on Thursday, February 5:
🇺🇸 United States (US) President Donald Trump signed a bill late Tuesday to end the partial government shutdown, providing some immediate relief.
👱🏼♂️ He also announced that talks with Iran would take place later this week in Oman regarding the country's internal crisis.
#XAUUSD $XAU
🇺🇸 United States (US) President Donald Trump signed a bill late Tuesday to end the partial government shutdown, providing some immediate relief.
👱🏼♂️ He also announced that talks with Iran would take place later this week in Oman regarding the country's internal crisis.
#XAUUSD $XAU
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