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Silver (XAG/USD) price rallies to a new all-time high of $67.46 even though US Treasury yields and the US Dollar remain firm on Friday, amid the lack of catalysts, except for the US Consumer Sentiment poll made by the University of Michigan, which showed that US households are trimming spending on durable goods, and are worried about the jobs market.XAG/ÜSD Price Analysis: Technical OutlookPrice action suggests further upside in Silver prices, as traders could target $68.00. Momentum is strongly bullish as depicted by the Relative Strength Index (RSI), which is overbought with an upward slope.Conversely, if XAG/USD slides below $67.00,…
“Each of our properties are worth over $1 million.”
In today’s article, we’ll examine the recent performance of VanEck Gold Miners ETF ($GDX) through the lens of Elliott Wave Theory. We’ll review how the rally from the Nov 2025 low unfolded as a 5-wave impulse followed by a 7-swing correction (WXY) and discuss our forecast for the next move. Let’s dive into the structure and expectations for this ETF.Five-wave impulse + 7 Swing WXY correction$GDX one-hour Elliott Wave chart 12.09.2025In the 1-hour Elliott Wave count from Dec 09, 2025, we saw that $GDX completed a 5-wave impulsive cycle at red 1. As expected, this initial wave prompted a pullback.…
Bernstein analysts said Uber investors have been overly fearful of the threat posed by self-driving cars, particularly if autonomous-vehicle technology gets widely licensed.
Here is what you need to know on Friday, December 19:The US Dollar Index (DXY) is trading near the 98.45 level after data from the US Bureau of Labor Statistics (BLS) showed the Consumer Price Index (CPI) increased by 2.7% YoY in November, below market expectations of 3.1% and a decline from 3.0% in September. US Dollar Price Today The table below shows the percentage change of US Dollar (USD) against listed major currencies today. US Dollar was the strongest against the Euro. USDEURGBPJPYCADAUDNZDCHFUSD0.17%-0.02%-0.02%-0.08%-0.19%0.04%-0.15%EUR-0.17%-0.20%-0.20%-0.25%-0.35%-0.13%-0.32%GBP0.02%0.20%0.00%-0.06%-0.17%0.06%-0.13%JPY0.02%0.20%0.00%-0.05%-0.16%0.04%-0.13%CAD0.08%0.25%0.06%0.05%-0.10%0.09%-0.07%AUD0.19%0.35%0.17%0.16%0.10%0.22%0.04%NZD-0.04%0.13%-0.06%-0.04%-0.09%-0.22%-0.19%CHF0.15%0.32%0.13%0.13%0.07%-0.04%0.19% The heat map shows percentage changes of major currencies against each other. The base currency is…
“I recently gave him $20,000 for a newer car and had him finance the rest.”
Platinum and palladium might not get as much attention as gold or silver, but they’re essential to industries ranging from jewelry to dentistry to automotive manufacturing. But how do these metals get their global prices, and who sets the standards for their trade? The answer lies with the London Platinum and Palladium Market (LPPM), the world’s leading authority for platinum and palladium trading. If your business handles these precious metals, understanding the LPPM can help you stay competitive and informed. You can stay up to date on the daily Fixing from the LPPM by signing up for a free business…
The People’s Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead on Thursday at 7.0583 compared to the previous day’s fix of 7.0573. PBOC FAQs The primary monetary policy objectives of the People’s Bank of China (PBoC) are to safeguard price stability, including exchange rate stability, and promote economic growth. China’s central bank also aims to implement financial reforms, such as opening and developing the financial market. The PBoC is owned by the state of the People’s Republic of China (PRC), so it is not considered an autonomous institution. The Chinese Communist Party (CCP) Committee…
Waymo, the Alphabet-backed robotaxi startup, has been on a tear. Soon it could be worth $100 billion.
Technical vs. Fundamental Analysis Analytical Approach Analytical Approach Capital preservation is a key to longevity in the trading business. One reason is that markets can stay irrational longer than you can stay solvent. Nowhere is this truer than in leveraged trading, where a small account can control positions many times its size. When markets become unpredictable, relying on only one style of analysis, either technical or fundamental, can quickly test your risk tolerance. This raises a common question among traders: Should you trade solely on technical analysis, purely on fundamentals, or use both? The real answer is more nuanced…