🇻🇪 Venezuela Secures Largest Gold Reserves in Latin America 🔔
As of January 2026, Venezuela possesses the largest gold reserves in Latin America, with estimated central bank holdings reaching 161 metric tons. These reserves are valued at approximately $22 billion, based on early 2026 market prices around $4,300 per ounce.
This significantly outpaces other major regional economies:
Venezuela: 161 tons
Brazil: 130 tons
Mexico: 120 tons
Gold serves as a crucial economic tool for Venezuela. It helps navigate international sanctions and provides liquid collateral for the nation's economy, which also boasts the world's largest proven oil reserves.
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$FIL Showing Potential for Strong Reversal 🌟
Filecoin ($FIL) is forming a significant reversal pattern on higher timeframes, suggesting a potential for a strong upward movement soon. The price is at a critical juncture, and the pattern's effectiveness might also be observed on lower timeframes.
For a bullish continuation, a push above the $1.6 - $1.7 range is anticipated.
Consider buying in the $1.3 - $1.5 area.
#FIL #Crypto #Altcoins #ReversalPattern
TP: $1.6 - $1.7
SL: N/A (monitor price action)
Entry: $1.3 - $1.5
