Analyst. The views I express here are mine alone and do not necessarily reflect the views of my employer. #Markets #GlobalMacro #Forex
With the Dollar's charge higher, $BTC/USD has pulled back to the former 'zone resistance' between the long-term 38.2% Fib at 83,920 and 6-month range high of 82,500. New support or false break reversal? Notably, realized volatility is 'accelerating' (5 day vs 20 day ATR) https://t.co/ZEPyLK5elv
View original →Both Boomers' and Gen Z's favored anti-fiat / anti-Dollar benchmark (gold and bitcoin respectively) are shifting lower - with some interesting technicals on both accounts. Rising rate (yield) expectations seems to be winning over a questionable drive to diversify away from USD https://t.co/GbiMG8AGvr
View original →Taking stock of key markets through crypto and other proxies to get a loose expectation for Monday's open: - Bitcoin (BTCSUD) down -2.9% - Dow down -1.3% - Gold (XAUUSD) down -2.8% - US Oil up +2.9%
View original →Taking stock of key markets through crypto and other proxies to get a loose expectation for Monday's open: - Bitcoin (BTCSUD) down -2.9% - Dow down -1.3% - Gold (XAUUSD) down -2.8% - US Oil up +2.9%
View original →Gold acting like a 'risk asset' after the news. XAUUSD has rallied ~2.5% after the news and cleared its 20-day SMA: https://t.co/kI2dynsCl3
View original →Gold acting like a 'risk asset' after the news. XAUUSD has rallied ~2.5% after the news and cleared its 20-day SMA: https://t.co/kI2dynsCl3
View original →Gold futures post biggest bullish gap since Jul 30, but not a roaring 'risk off' drive https://t.co/59IrdTvmxD
View original →Another impressive standing from the perspective of speculative futures positioning: gold. The implied and realized volatility measures are off their peaks but still elevated. Not a strong $GC_F pullback yet, but heaviest net short spec standing since Feb 2024: https://t.co/Yok0mm9FjR
View original →Another impressive standing from the perspective of speculative futures positioning: gold. The implied and realized volatility measures are off their peaks but still elevated. Not a strong $GC_F pullback yet, but heaviest net short spec standing since Feb 2024: https://t.co/Yok0mm9FjR
View original →There was considerable short interest on leading Gold and Silver ETFs... $GLD and $SLV Suspect some booking on that eventually here. https://t.co/73512twXSo
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