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Is gold bearish? Reports of Trump inviting trade hawks back to lead as the United States trade representative.
The Trump effect has prompted gold traders to take profit, with the world's largest gold etf experiencing the largest weekly fund outflow since 2022.
"Trump 2.0", why is bitcoin skyrocketing while gold is plummeting.
Analysis suggests that 'Trump 2.0' may lean towards a 'small government' ideology, reducing government intervention and avoiding expansionary fiscal expenditures, which is bullish for bitcoin as a 'decentralized' asset. This cautious fiscal style also suppresses the safe-haven properties of gold, weakening its attractiveness as a hedge asset.
Gold faces fierce selling again! The price of gold approaches the bearish target, the latest gold intraday trading analysis by a well-known institution.
#Gold Technical Analysis# 24K99 News On Tuesday (November 12th), in the afternoon of the Asian market, spot gold encountered fierce selling pressure again in the short term, and the price has now fallen to around $2605 per ounce, with a nearly $15 drop within the day.
Hong Kong stock market anomaly | Non-ferrous stocks continue to decline, the significant strengthening of the US dollar puts pressure on non-ferrous industrial metals, the consumer boom season slightly lacks momentum.
Non-ferrous stocks continue to decline. As of the time of publication, Aluminum Corporation of China (02600) fell by 8.01%, closing at 5.05 Hong Kong dollars; JL MAG Rare-Earth (06680) fell by 7.72%, closing at 9.09 Hong Kong dollars; CMOC Group Limited (03993) fell by 6.54%, closing at 6.14 Hong Kong dollars.
Milestone moment! BlackRock's bitcoin ETF size exceeds gold for the first time!
Bitcoin has entered a "beast mode", with the current price approaching $90,000. The market cap of cryptocurrencies has reached a historical high of about $3.1 trillion.
Is Trump becoming a 'big short'? Spot gold falls below 2620, analyst issues another warning.
Concept stocks fell across the board.
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