Florian Grummes | TalkMarkets | Page 1

Florian Grummes

Precious Metals and Bitcoin Analyst
Contributor's Links: Midas Touch Consulting
Florian Grummes (born 1975 in Munich) is an independent precious metals analyst, trader & investor. He writes a bi-weekly in-depth analysis for one of Germany´s largest gold and silver retailer the "pro aurum group". As well ...more
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Bitcoin – Potential Correction Despite ETFs And Halving
Sunday, March 24, 2024 1:00 PM EDT
The market’s focus on the tech sector, with AI-related companies like Nvidia experiencing substantial revenue growth and stock price increases, is not waning yet. Besides Nvidia, however, the star of 2024 is without a doubt Bitcoin.
In this article: GLD, SPX, BITCOMP Also: NVDA, DAX
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Gold – This Breakout Is Unambiguous
Monday, March 11, 2024 5:50 PM EDT
On the weekly chart, gold prices are currently trading well outside the upper Bollinger Band (USD 2,153). Statistically, the air is somewhat thin with prices around USD 2,180 at least in the short term.
In this article: GLD
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Gold - Monthly Closing Above USD 2,000 Triggers Breakout Rally
Wednesday, November 29, 2023 10:18 AM EDT
Gold is on the verge of its first monthly closing above USD 2,000. If achieved by the end of November, an initial surge to the all-time high of around USD 2,075 is expected to follow.
In this article: GLD
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Gold – Tenacious Correction Not Definitely Finished
Wednesday, September 20, 2023 10:52 AM EDT
On June 29th, with gold reaching an intraday low at USD 1,893 we turned bullish. After a nice bounce back towards USD 1,987, we urged some caution and expected another pullback.
In this article: GLD
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Gold – Topping Process Followed By A Pullback
Monday, May 1, 2023 10:30 AM EDT
While US regulators are racing to secure the sale of California bank First Republic, the US banking crisis continues and is far from being over. Gold, on the other hand, remains the currency of last resort and has no counterparty risk.
In this article: GLD, SLV, XAU
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Bitcoin – Every Pullback Is A Buying Opportunity
Wednesday, March 29, 2023 1:27 PM EDT
The daily chart is bullish and suggests a rise to around 30,000 USD soon. On the downside, ideally, the new support around 25,000 USD should already withstand possible attacks by the bears.
In this article: BITCOMP Also: GLD
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Bitcoin – Next Target 30,000 USD
Thursday, February 23, 2023 5:11 PM EDT
As more traditional financial institutions enter the space and new use cases for blockchain and web3 technology emerge, the outlook for Bitcoin and the wider cryptocurrency market remains positive.
In this article: BITCOMP Also: GLD, UUP
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Gold – Rally Is Losing Momentum
Monday, January 30, 2023 11:51 AM EDT
Gold posted an impressive rally over the last three months. At the same time, the overbought situation and the fading momentum call for caution.
In this article: GLD, SLV
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Bitcoin – Significant Recovery Expected
Wednesday, January 18, 2023 12:53 PM EDT
Historically, a weekly close with a 20% gain after a prolonged bear market with a loss of 75% or more has always resulted in bitcoin bottoming out.
In this article: BITCOMP
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Gold – Fight Around The 200-Day Moving Average Not Yet Decided
Wednesday, December 28, 2022 10:10 AM EDT
Once the typical 8-year low in the gold market is clearly established, a strong uptrend with new all-time highs should follow.
In this article: GLD, SLV
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Bitcoin - Some Chance For A Recovery
Monday, October 31, 2022 6:27 AM EDT
Two months before year-end there is some chance for a (small) recovery towards around 25,000 USD. Hence, a new attack on the support at around 18,000 USD would not be expected until 2023.
In this article: BITCOMP Also: GLD, UUP, IEF
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Bitcoin – In The Midst Of An Epic Liquidity Crisis
Wednesday, October 5, 2022 11:59 AM EDT
For bitcoin, the support in the area around 18,000 USD is at stake. Should the bears be able to prevail, prices will likely correct further towards 14,000 USD and 10,000 USD.
In this article: BITCOMP
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Gold: Close To The Edge
Thursday, September 1, 2022 5:47 AM EDT
While official inflation rates shot up to record highs, the gold market has instead seen first euphoria, then sheer panic, and finally a disappointing summer rally over the past eight months.
In this article: GLD, UUP, SLV
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Bitcoin – Recovery Reaches First Price Target
Monday, August 15, 2022 7:55 PM EDT
Over the last few weeks, bitcoin was able to stage a recovery. Just two days ago, bitcoin prices reclaimed the 25,000 USD level for the first time since June 13th.
In this article: BITCOMP Also: SPX, XAU, UUP, NDX
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Gold – Summer Rally Has Started
Friday, July 29, 2022 4:06 AM EDT
With a buy signal on the daily chart, a bombed-out sentiment, and a very favorable seasonal component, there are currently three strong arguments on the table for an imminent summer rally in the gold market.
In this article: GLD, SLV
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Bitcoin – Relief Rally In The Summer?
Sunday, July 17, 2022 4:27 AM EDT
A worldwide asset price meltdown is shaking up the minds of all investors and traders these days. The crypto sector was hit hardest. Bear market rallies in bitcoin can be extreme.
In this article: SOL-X Also: GLD, BITCOMP
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1 to 16 of 206 Posts
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