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Gold to $10,000?
Yahoo Finance· 2026-01-29 11:10
Gold's Cash Index has gone parabolic this month, increasing 27% from December's settlement of $4,325. The Indexes daily chart shows gains of $100 to $200 becoming common as the market finds little resistance. Given Gold is THE safe-haven market, this historic rally by the Cash Index speaks volumes about the global economic and political situations at this time. Last October, I wrote about how Gold’s Cash Index (GCY00) looked to be on the path to move beyond the $5,000 mark that month. It didn’t qu ...
X @Unipcs (aka 'Bonk Guy') 🎒
the biggest mistake many (including myself) made as $BTC kept going down relentlessly after 10/10 was stubbornly sticking to and trading our bullish biases‘it can’t keep going down / level XYZ is supposed to hold / it is extremely oversold on X Y Z timeframe / etc’instead of simply trading what the market givesmany seem to have forgotten that bears can easily make the same mistake on the way back up‘there’s no way it’s going to keep pumping to YZ level without a pullback / it is overbought on X Y Z timefram ...