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SYMBOL
LAST
BID
ASK
HIGH
LOW
NET CHG.
%CHG.
SPREAD
SPX
S&P 500 Index
6758.17
6758.17
6758.17
6811.14
6745.60
-23.31
-0.34%
--
DJI
Dow Jones Industrial Average
47303.65
47303.65
47303.65
47711.26
47185.89
-402.85
-0.84%
--
IXIC
NASDAQ Composite Index
22655.89
22655.89
22655.89
22877.71
22602.33
-41.21
-0.18%
--
USDX
US Dollar Index
99.210
99.210
99.290
99.260
98.640
+0.350
+ 0.35%
--
EURUSD
Euro / US Dollar
1.15664
1.15664
1.15673
1.16451
1.15606
-0.00417
-0.36%
--
GBPUSD
Pound Sterling / US Dollar
1.34053
1.34053
1.34062
1.34572
1.33930
-0.00104
-0.08%
--
XAUUSD
Gold / US Dollar
5164.15
5164.15
5164.56
5223.17
5149.24
-27.65
-0.53%
--
WTI
Light Sweet Crude Oil
86.625
86.625
86.655
87.536
80.849
+1.613
+ 1.90%
--
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john 
SlowBear ⛅ 
SlowBear ⛅
Sanjeev Ku 
Sanjeev Ku
Sanjeev Ku
3781529 
SlowBear ⛅
SlowBear ⛅
@Sanjeev Ku or i will be anticipating for a broader drop to buy at a more cheaper level like 5100 or 5050
SlowBear ⛅
3781529
@3781529Visitor how are you doing mate?
Ngafara 
I hear that 20Million of BTC was mined ( great news) , But can't see the impact to the market chart 
Sanjeev Ku
SlowBear ⛅
Ngafara
I hear that 20Million of BTC was mined ( great news) , But can't see the impact to the market chart
@NgafaraMicro Strategy (MSTR) of our own brother Micheal Saylor, has bough almost 50k worth of BTC in the year 2026, yet we see little to no move in the market this speaks voluem
SlowBear ⛅
Ngafara
I hear that 20Million of BTC was mined ( great news) , But can't see the impact to the market chart
@Ngafara lol all of those news surrounding bitcoin mining are either farse or being suppressed
SlowBear ⛅
EuroTrader 
Ngafara
I hear that 20Million of BTC was mined ( great news) , But can't see the impact to the market chart
@NgafaraThe maximum supply of Bitcoin is actually 21million Bitcoin
EuroTrader
Ngafara
I hear that 20Million of BTC was mined ( great news) , But can't see the impact to the market chart
@Ngafarawhat's the source of the news. I didn't come across it at any point
SlowBear ⛅
Ngafara
I hear that 20Million of BTC was mined ( great news) , But can't see the impact to the market chart
@NgafaraThat 20mil BTC minimg was a big fat lie though, but that aside the real demand never really left the market, its all just accumulation of orders or its is being supressed like i said, but i bet in 6months time e should get a breaklight on where BTC and the whole blockchain ecosystem is heading to!
EuroTrader
EuroTrader
EuroTrader
@Ngafaraour focus should be on the oil markets .That's where the actual opportunity lies at this time
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Gold Hits $2,050: Weekly Surge on Rate Cut Speculation
Summary:
Gold's climb to $2,050 for a second consecutive week is propelled by a weaker dollar and lower Treasury yields. Traders anticipate US rate cuts following softer Q3 economic growth and a disappointing December manufacturing index. Global indicators, including a UK inflation drop, support the expectation of a broader rate-cutting trend.
CLOSED
2055.14
Entry Price
2090.00
TP
2030.00
SL
5164.15 -27.65 -0.53%
87.3
Pips
Profit
2030.00
SL
2063.87
Exit Price
2055.14
Entry Price
2090.00
TP
Gold has emerged as the star performer this week, brushing against the $2,050-per-ounce mark and securing a second consecutive weekly gain. This rally can be attributed to a confluence of factors, with a weakened US dollar and a substantial decline in Treasury yields taking center stage. Traders are eagerly positioning themselves in anticipation of a potential interest rate cut by the US Federal Reserve in the coming year.
The foundation for gold's upward trajectory was laid earlier in the week when data revealed that the US economy's third-quarter growth wasn't as robust as initially indicated. Furthermore, the Philadelphia Fed Manufacturing Index for December fell well below forecasts, prompting a reevaluation of the economic landscape. As investors keep a watchful eye on Friday's release of the US core PCE reading – the Federal Reserve's preferred inflation gauge – the outcome is poised to play a pivotal role in shaping the monetary policy outlook.
Beyond the borders of the United States, global economic indicators have added momentum to gold's ascent. The United Kingdom witnessed a significant tumble in inflation during November, reaching a more than two-year low. This development strengthens the narrative of a broader international movement towards a cycle of interest rate cuts.
Technical Indicators Favor Gold Bulls
From a technical standpoint, gold's recent breakout above a week-long consolidative trading range, approximately around $2,048 , signals a favorable environment for bullish traders. Notably, the occurrence of a golden cross, where the 50-day Simple Moving Average (SMA) crossed above the 200-day SMA, adds weight to the positive outlook.
This technical setup positions gold for potential further gains, with the $2,090 zone emerging as the next relevant hurdle. Should the momentum persist, there is a distinct possibility of gold reclaiming the psychologically significant $2,100 mark.
However, the path to glory is not without its challenges. A reversal below the aforementioned trading range resistance could lead to a retracement, with support levels at $2,026 and $2,017. A decisive break below the latter might trigger technical selling, leaving gold vulnerable to a more pronounced decline towards the psychological support at $2,000.
TRADE RECOMMENDATION
BUY GOLD
ENTRY PRICE : 2050
STOP LOSS : 2030
TAKE PROFIT : 2090
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