Gold surged above $3,400 to a record high on Monday, as the dollar weakened and uncertainty over the economic impact of U.S.-China trade tensions spurred demand for safe-haven bullion.
The Gold-Dollar pair exploded 2.1% in the last session. The ROC is giving a negative signal.
Support: 3286.4 | Resistance: 3535.1
Japanese investment firm Metaplanet increased its Bitcoin holdings to more than $400 million after its latest purchase. Metaplanet acquired 330 Bitcoin for $28.2 million at an average price of $85,605 per BTC, bringing its total holdings to $414 million.
The Bitcoin-Dollar pair skyrocketed 2.4% in the last session. The Stochastic-RSI is giving a positive signal.
Support: 81952 | Resistance: 92167
The S&P 500 ended higher, lifted by Eli Lilly and Apple, as investors weighed progress in U.S. trade negotiations with Japan against concerns about the interest rate outlook. Traders leaned toward optimism following Trump’s comments about “big progress” in the bilateral talks.
The U.S. dollar gained after its recent weakness across peer currencies appeared exhausted for the time being, while the euro weakened slightly after the European Central Bank cut rates for the seventh time in a year.
The Euro-Dollar pair corrected downwards in the last session, falling 0.1%. According to the Stochastic-RSI, we are in an overbought market.
Support: 1.1278 | Resistance: 1.1461
Netflix exceeded Wall Street expectations in its quarterly earnings report and offered a bullish revenue outlook, signaling confidence amid the economic uncertainty surrounding President Donald Trump’s erratic tariff plans.
Gold prices extended their record run to breach $3,300 per ounce, as a weaker dollar and escalating U.S.-China trade tensions pushed investors towards the safe-haven asset. U.S. gold futures gained 3.3%.
The Gold-Dollar pair skyrocketed 2.5% in the last session. The Stochastic indicator is giving a positive signal.
Support: 3189.4 | Resistance: 3460.9
