$TRUMP
$XAU URGENT: Gold turns to losses... Is it a temporary correction or the start of a reversal?
- Spot gold prices fell in Thursday’s trading session, giving back part of the gains it had recorded earlier, after it touched $4,643.12 per ounce, before dropping by about $70 to $4,574.5, a decline of 0.44%.
Gold indicators shown via the WarrenAI platform available to InvestingPro subscribers reveal a clear divergence across different timeframes. While signals on the short-term horizon have turned to “strong sell” on the 15-minute, 1-hour, and 5-hour charts, the signals on the daily and weekly timeframes remain “strong buy,” supporting the scenario that the current pullback is a correction within an uptrend, and not necessarily the beginning of a long-term reversal.
#BitcoinHoldsNear$79400 $NVDAB #KospiClosesAtRecordHigh #BankOfKoreaHikesRatesTo3% #XRPLeadsCryptoPullbackDropsNearly7% #DollarPostsBiggestGainInNearlyFourWeeks
$XAU URGENT: Gold turns to losses... Is it a temporary correction or the start of a reversal?
- Spot gold prices fell in Thursday’s trading session, giving back part of the gains it had recorded earlier, after it touched $4,643.12 per ounce, before dropping by about $70 to $4,574.5, a decline of 0.44%.
Gold indicators shown via the WarrenAI platform available to InvestingPro subscribers reveal a clear divergence across different timeframes. While signals on the short-term horizon have turned to “strong sell” on the 15-minute, 1-hour, and 5-hour charts, the signals on the daily and weekly timeframes remain “strong buy,” supporting the scenario that the current pullback is a correction within an uptrend, and not necessarily the beginning of a long-term reversal.
#BitcoinHoldsNear$79400 $NVDAB #KospiClosesAtRecordHigh #BankOfKoreaHikesRatesTo3% #XRPLeadsCryptoPullbackDropsNearly7% #DollarPostsBiggestGainInNearlyFourWeeks
