What’s priced in for the central bank meetings next week
We saw the Bank of Canada signal a shift to the sidelines this week but that’s not likely to be the case with the trio of major central banks due to weigh in next week. First up is the FOMC decision on Wednesday and the market isn’t pricing in any drama around Powell and the […]
Bitcoin is on the Rise: What’s Next?
Bitcoin broke the psychological level of 20000, touching the resistance at the level of 210000. Now, the price of Bitcoin is getting ready for the pullback. Bitcoin might potentially gain the required support at the level of 20000, pull from it, and jump. So, let’s observe what will happen next.Silver has approached the resistance at […]
Gold is set for the highest weekly close since April, what’s next
gold daily chart The gold bulls are certainly having a moment. At the start of December, as I always do, I highlighted the seasonal trend towards higher gold. Once again, it worked and remains the single-best seasonal trade I know of. It’s been a ticket to start the year off with a solid gain forever. […]