Florian Grummes Gold – Topping process followed by a pullback 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 r... Basic Knowledge 1 May 2023
Florian Grummes Bitcoin – Every pullback is a buying opportunity Over the last few weeks banks have been imploding and fears of a 2008-style crisis have come into play. Of course, politicians have rushed to the rescue with huge amounts of fiat money, while the bond... Basic Knowledge 29 Mar 2023
Florian Grummes Gold – Healthy pullback provides new opportunities It´s been a tough six weeks of deep corrective price action in the gold market since our last analysis “ Gold – Rally is losing momentum ” was published. From its top on February 2nd at 1,959 USD gold... Basic Knowledge 10 Mar 2023
Florian Grummes Bitcoin – Next target 30,000 USD In the first few weeks of 2023, Bitcoin’s price has continued its upward trajectory, fueled by growing institutional adoption and increased investor confidence in the cryptocurrency market. Despite so... Basic Knowledge 24 Feb 2023
Florian Grummes Gold – Rally is losing momentum Just a few months ago, financial markets had been under severe pressure, driven by rising interest rates and a stronger US-Dollar. Yet, since November, nearly all markets have been able to recover sig... Basic Knowledge 30 Jan 2023
Florian Grummes Bitcoin – Significant recovery expected After a brutal 14-month bear market, Bitcoin prices reached an important low at 15,479 USD on November 21st, 2022. Following this, prices traded sideways for around six weeks. Over the last two weeks,... Basic Knowledge 18 Jan 2023
Florian Grummes Gold – Fight around the 200-day moving average not yet decided Since mid-November the rally in the gold market has become more and more tenacious and whipsawing. And over the last few weeks gold has been trading sideways. Actually, we have witnessed only slightly... Basic Knowledge 28 Dec 2022
Florian Grummes Bitcoin – Price hardly reacts to bad news anymore While investors anticipate this week’s Federal Reserve decision on interest rates, Bitcoin is slowly moving around the 17,000 USD level. After the crypto sector having been badly shaken up throughout ... Basic Knowledge 12 Dec 2022
Florian Grummes Gold – Bottoming in progress 1. Review Over the past two weeks, the gold market has seen two attacks on the September 28th low at 1,614 USD. However, both times (October 21st and November 3rd), gold turned upwards again at 1,617 ... Basic Knowledge 7 Nov 2022
Florian Grummes Bitcoin – Some chance for a recovery Bitcoin and the whole crypto sector are in a bear market for nearly a year now. The selloff has been brutal, and any recovery has been short-lived. However, in recent months the correction has slowed ... Basic Knowledge 31 Oct 2022
Florian Grummes Gold – In search of a bottom 1. Review With the early failure of the summer rally at 1,807 USD, the outlook for the gold market quickly deteriorated again since mid-August. As a result, the bears were able to push gold prices wit... Basic Knowledge 21 Oct 2022
Florian Grummes Bitcoin – In the midst of an epic liquidity crisis While the stock markets are falling in gaps like in 2001, the volatility index VIX is still rather acting like it would be in a bull market. Yet, commodities have been crashing like in a deflation, bu... Basic Knowledge 4 Oct 2022