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chinesenewyear2024

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#JPMorganBitcoin JPMorgan Chase expects strong buying by central banks and investors to push gold prices to *$6,300 per ounce* by the end of the year, the bank said in a market brief. #goldandsilverupdates The bank maintained that the medium-term outlook for gold remains strong, supported by a structural shift toward reserve diversification and sustained outperformance of real assets compared with paper assets. JPMorgan now projects central bank gold purchases of around *800 tons* in 2026 due to the ongoing and still-unexhausted up-and-down trend. In contrast, the bank adopted a more cautious stance on silver. While silver prices have traded near *$75 per ounce* in the past few weeks, JPMorgan said the drivers behind the rally have become less clear. Spot silver fell last week to *$76 per ounce*, after hitting a record high of *$122* only a few weeks back. The bank noted that unlike gold, silver lacks consistent central bank support. However, it expects silver to hold a higher average floor of around *$75 to $80 per ounce* for now, despite recent declines. #Bianance200M #goldandsilverupdates #ChineseNewYear2024
#JPMorganBitcoin JPMorgan Chase expects strong buying by central banks and investors to push gold prices to *$6,300 per ounce* by the end of the year, the bank said in a market brief.
#goldandsilverupdates The bank maintained that the medium-term outlook for gold remains strong, supported by a structural shift toward reserve diversification and sustained outperformance of real assets compared with paper assets.

JPMorgan now projects central bank gold purchases of around *800 tons* in 2026 due to the ongoing and still-unexhausted up-and-down trend.

In contrast, the bank adopted a more cautious stance on silver. While silver prices have traded near *$75 per ounce* in the past few weeks, JPMorgan said the drivers behind the rally have become less clear. Spot silver fell last week to *$76 per ounce*, after hitting a record high of *$122* only a few weeks back.

The bank noted that unlike gold, silver lacks consistent central bank support. However, it expects silver to hold a higher average floor of around *$75 to $80 per ounce* for now, despite recent declines.
#Bianance200M #goldandsilverupdates
#ChineseNewYear2024
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$DOGE #Dogecoin $DOGE Linia zilnică a prețului a înregistrat un nou minim mai mic, dar RSI a format un minim mai mare, evidențiind o divergență bullish clară. 🔥 $DOGE Aceasta este prima dată în acest trend descendent când apare acest semnal pe graficul zilnic. 🚀 {spot}(DOGEUSDT) #CryptoIn401k #ChineseNewYear2024
$DOGE

#Dogecoin $DOGE Linia zilnică a prețului a înregistrat un nou minim mai mic, dar RSI a format un minim mai mare, evidențiind o divergență bullish clară. 🔥

$DOGE Aceasta este prima dată în acest trend descendent când apare acest semnal pe graficul zilnic. 🚀
#CryptoIn401k #ChineseNewYear2024
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