Lucasdarossa

Gold prices fell in the Asian session on Tuesday, interrupting the rebound from the previous session, as risk appetite was boosted by interest rate cuts in both China and Australia, which strengthened stocks.
#GOLD

This week a very strong bullish signal has been activated that has historically always provided us with positive results at 12 months. Will it happen again?

#oro

The price of gold, considered a safe-haven asset in times of crisis, falls by more than 2% and once again places the price of the ounce below 3,200 dollars, following trade progress in negotiations between the U.S. and China.

#GOLD #oro

TODAY EVERYTHING CHANGED FOR THE BITCOIN MARKET

The launch of options for the Bitcoin ETF managed by BlackRock is a crucial event for the digital currency.$BTC

This Monday, October 7, the cryptocurrency market has once again set off on its upward path despite the persistence of caution in financial markets due to conflicts in the Middle East and expectations of more moderate interest rate cuts by the United States Federal Reserve (Fed).

Gold prices, which had rebounded after Iran's attack on Israel, have moderated their rise after it was announced that OPEC+ (the organisation that groups together OPEC members and other oil powers such as Russia) maintains its decision to increase production from December.

With investors awaiting a possible Israeli response to Iran, the main safe haven assets, such as gold and public debt, have lost strength and European stock markets have closed with mixed results despite the recovery on Wall Street.

Yes, just as I said, I had an entry at $BTC

For those who trade, there is a possible purchase at $BTC
when it touches approximately 60,200
with a TP at 62,000 and an SL at 60,000
Recommendation, the risk always has to be 1% of your capital, GREETINGS.

The price of gold, which was trading slightly higher, has rebounded and is now up more than 1% to $2,662 per ounce.

The highly prized GOLD has at times come close to $2,672.

Goldman Sachs analysts expect that roughly two-thirds of the anticipated rise in the gold price to $2,900 per ounce by early 2025 will be due to continued central bank buying in the London OTC market. The remaining third of the price increase is expected to come from a gradual increase in ETF flows following the Fed rate cuts.

Several macroeconomic data will impact bitcoin and the markets this week.
Employment news, inflation and meetings of economic entities could affect the price of the digital asset.

The price of gold, one of the safe haven assets in times of uncertainty, continues its upward trend and has now been positive for three consecutive weeks, driven by the drop in interest rates and fear of a rise in inflation.
The reasons for this rise are the reduction in interest rates, both those already undertaken and those expected in the coming months; gold purchases by central banks; and high demand in emerging countries, especially in China.

ANY BITCOIN DROP IS NOW A BUYING OPPORTUNITY!

● The 4-year cycle that the bitcoin market has always experienced remains intact, which gives rise to optimism