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Gold Prices Soar to Record High Amid Disappointing U.S. Jobs Data and Geopolitical Tensions Gold prices surged to a record $4,601.17 per ounce as weaker-than-expected U.S. payroll data heightened expectations for Federal Reserve interest rate cuts. Ongoing geopolitical tensions in the Middle East and Venezuela further supported the metal's appeal as a safe haven.
Author  Mitrade
1 hour ago
Gold prices surged to a record $4,601.17 per ounce as weaker-than-expected U.S. payroll data heightened expectations for Federal Reserve interest rate cuts. Ongoing geopolitical tensions in the Middle East and Venezuela further supported the metal's appeal as a safe haven.
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Oil Rises on Geopolitical Tensions Involving Iran and VenezuelaOil prices extended gains on Friday as traders assessed heightened geopolitical risks, including U.S. President Donald Trump’s warnings against Iran and ongoing efforts to exert influence over Venezuela’s oil exports.
Author  Mitrade
Jan 09, Fri
Oil prices extended gains on Friday as traders assessed heightened geopolitical risks, including U.S. President Donald Trump’s warnings against Iran and ongoing efforts to exert influence over Venezuela’s oil exports.
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U.S. Dollar Gains as Traders Anticipate Jobs Report and Supreme Court Tariff Ruling The U.S. dollar strengthened in early Asian trading, bolstered by expectations for the upcoming jobs report and pending Supreme Court decision on President Trump’s tariff powers. Analysts remain cautious about potential implications for future interest rates.
Author  Mitrade
Jan 09, Fri
The U.S. dollar strengthened in early Asian trading, bolstered by expectations for the upcoming jobs report and pending Supreme Court decision on President Trump’s tariff powers. Analysts remain cautious about potential implications for future interest rates.
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XRP Drops 5% After Being Hailed as 2026’s “Hottest Trade”XRP fell back to $2.18 after failing to hold above $2.28, cooling off an early-2026 rally that had been strong enough to earn the token the label of “new cryptocurrency darling” in a recent CNBC segment. The pullback underscores that even strong bullish narratives must contend with significant overhead supply at key technical resistance levels.
Author  Mitrade
Jan 08, Thu
XRP fell back to $2.18 after failing to hold above $2.28, cooling off an early-2026 rally that had been strong enough to earn the token the label of “new cryptocurrency darling” in a recent CNBC segment. The pullback underscores that even strong bullish narratives must contend with significant overhead supply at key technical resistance levels.

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Trading Analysis

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Silver

Intraday

Intraday: the bias remains bullish.

Our preference

long positions above 81.00 with targets at 85.20 & 86.80 in extension.

56 mins ago

Gold

Intraday

Intraday: aim @ 4630.

Our preference

long positions above 4520 with targets at 4630 & 4650 in extension.

58 mins ago

Litecoin

Intraday

Intraday: rebound towards 82.0

Our preference

rebound towards 82.0.

1 hour ago

Ethereum

Intraday

Intraday: above its upper Bollinger band

Our preference

the upside prevails as long as 3100 is support.

1 hour ago

Bitcoin

Intraday

Intraday: the RSI is overbought

Our preference

the upside prevails as long as 91020 is support.

1 hour ago

Bitcoin Cash

Intraday

Intraday: the downside prevails as long as 661.7 is resistance

Our preference

the downside prevails as long as 661.7 is resistance.

1 hour ago

Brent

Intraday

Intraday: aim @ 64.00.

Our preference

long positions above 62.90 with targets at 64.00 & 64.40 in extension.

1 hour ago

WTI

Intraday

Intraday: intraday support around 58.55.

Our preference

long positions above 58.55 with targets at 59.60 & 60.10 in extension.

1 hour ago

USD/CAD

Intraday

Intraday: 1.3870 in sight.

Our preference

short positions below 1.3920 with targets at 1.3870 & 1.3850 in extension.

1 hour ago

AUD/USD

Intraday

Intraday: rebound.

Our preference

long positions above 0.6670 with targets at 0.6720 & 0.6735 in extension.

1 hour ago
Data Source: Trading Central*
Data Source: Trading Central*

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