Crypto Money Rider
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Gold vs Oil Update
Gold has fallen for a second week as Crude Oil rose to $100/barrel, with funds rotating from Gold into Oil amid Middle East tensions involving Iran and risks near the Strait of Hormuz.
Gold Levels
• Support: $5,020
• If $5,020 fails → $4,968
• Break $4,968 → $4,900 – $4,860
• If support holds → possible rebound
Meanwhile, JPMorgan Chase sees long-term Gold near $6,300, with potential above $8,000.
Oil Outlook: Escalation could push oil toward $130/barrel. NFA. ..................................... kindly be carefull ...
Gold has fallen for a second week as Crude Oil rose to $100/barrel, with funds rotating from Gold into Oil amid Middle East tensions involving Iran and risks near the Strait of Hormuz.
Gold Levels
• Support: $5,020
• If $5,020 fails → $4,968
• Break $4,968 → $4,900 – $4,860
• If support holds → possible rebound
Meanwhile, JPMorgan Chase sees long-term Gold near $6,300, with potential above $8,000.
Oil Outlook: Escalation could push oil toward $130/barrel. NFA. ..................................... kindly be carefull ...
not now
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FTM..😊
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bitcoin vs altcoin.
bitcoin vs altcoin.
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