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3 months ago
Gold ounce analysis from September 18 to October 18, 2024 on a daily basis
6 months ago
6 months ago
Gold is currently trading at $2,315, reflecting a decline of 0.17% in today’s session. The precious metal is maintaining its position above the key pivot point of $2,310.75, having completed a 23.6% Fibonacci retracement around this level. This suggests the potential for a bullish reversal.
Immediate resistance is identified at $2,310.75, with further resistance levels at $2,325.55, $2,337.19, and $2,348.85. On the downside, immediate support is found at $2,287.07, followed by $2,273.43 and $2,260.22.
Technical indicators provide additional context. The 50-day Exponential Moving Average (EMA) stands at $2,329.96, and the 200-day EMA is at $2,334.25. Both indicators suggest a slight bearish trend, given that the current price is below these averages. However, holding above the pivot point of $2,310.75 may indicate a short-term bullish outlook.
Immediate resistance is identified at $2,310.75, with further resistance levels at $2,325.55, $2,337.19, and $2,348.85. On the downside, immediate support is found at $2,287.07, followed by $2,273.43 and $2,260.22.
Technical indicators provide additional context. The 50-day Exponential Moving Average (EMA) stands at $2,329.96, and the 200-day EMA is at $2,334.25. Both indicators suggest a slight bearish trend, given that the current price is below these averages. However, holding above the pivot point of $2,310.75 may indicate a short-term bullish outlook.
1 yr. ago
(E)
👉for all the noobs out there the difference between coins and tokens:
👉Coins: In the context of cryptocurrencies, a "coin" refers to a digital currency that uses its own, standalone blockchain. Coins are often used as a means of transferring wealth and are seen as a medium of exchange, just like physical currency. Examples of coins include Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), and many others. Each coin has its own native blockchain.
👉Tokens: Tokens, on the other hand, are a type of cryptocurrency that do not have their own blockchain but live on another blockchain. They are created using the standard protocols of an existing blockchain like Ethereum or Binance Smart Chain. Tokens can represent a wide variety of digital assets or utilities. For example, tokens can represent voting rights in a decentralized organization, assets in a digital game, or units of value for a service. The most common token standard on the Ethereum network is ERC-20.
👉In short, the primary difference between a coin and a token is that coins have their own blockchains, while tokens operate on an existing blockchain. Furthermore, tokens often represent a wider range of digital assets or utilities, while coins primarily function as digital currencies.
👉Coins: In the context of cryptocurrencies, a "coin" refers to a digital currency that uses its own, standalone blockchain. Coins are often used as a means of transferring wealth and are seen as a medium of exchange, just like physical currency. Examples of coins include Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), and many others. Each coin has its own native blockchain.
👉Tokens: Tokens, on the other hand, are a type of cryptocurrency that do not have their own blockchain but live on another blockchain. They are created using the standard protocols of an existing blockchain like Ethereum or Binance Smart Chain. Tokens can represent a wide variety of digital assets or utilities. For example, tokens can represent voting rights in a decentralized organization, assets in a digital game, or units of value for a service. The most common token standard on the Ethereum network is ERC-20.
👉In short, the primary difference between a coin and a token is that coins have their own blockchains, while tokens operate on an existing blockchain. Furthermore, tokens often represent a wider range of digital assets or utilities, while coins primarily function as digital currencies.
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9 months ago
***** o Everyone. I'm new to trading, and have started paper trading on Think or Swim. Now I'm in the trial stage of TraderUI. Looks good so far hopefully it help me succeed in trading options.
1 yr. ago
(E)
TradeUI - 'Barbie' Inches Closer To $1B Milestone In Global Box Office Triumph
https://tradeui.com/news/33586008/barbie-inches-closer-to-1b-milestone-in-global-box-office-triumph
1 yr. ago
(E)
Billion-Dollar Threat To Cannabis Industry: A Pathogen That Decrease Weed Potency Could Quickly Wipe Out Revenue $CURLF , $LFLY https://tradeui.com/news/3...
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A pathogen called HLVd, or hop-latent viroid, is contaminating cannabis crops across the country, threatening to wreak billions of dollars in losses just as legal marijuana is taking off, warned the Wall Street Journal on Saturday, highlighting a fri
https://tradeui.com/news/33460545/billion-dollar-threat-to-cannabis-industry-a-pathogen-that-decreases-weed-potency-could-quickly-wipe-out-revenue
1 yr. ago
(E)
Healthcare Realty Trust Q2 EPS $0.39 Down From $0.45 YoY, Sales $338.14M Beat $333.60M Estimate $HR https://tradeui.com/news/3...
TradeUI - Healthcare Realty Trust Q2 EPS $0.39 Down From $0.45 YoY, Sales $338.14M Beat $333.60M Estimate
TradeUI is the best platform to watch your favorites stocks and stay in touch with all its related news , signals and more
https://tradeui.com/news/33622015/healthcare-realty-trust-q2-eps-039-down-from-045-yoy-sales-33814m-beat-33360m-estimate
1 yr. ago
(E)
Tesla CEO Elon Musk Reiterates Continued Dependence On Both Nvidia And Dojo For AI Processing $NVDA , $TSLA https://tradeui.com/news/3...
TradeUI - Tesla CEO Elon Musk Reiterates Continued Dependence On Both Nvidia And Dojo For AI Processing
https://tradeui.com/news/34081492/tesla-ceo-elon-musk-reiterates-continued-dependence-on-both-nvidia-and-dojo-for-ai-processing
10 months ago
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