Investing

Investing
Investing

GLD ETF analysis: What next for gold as the rally gains steam?

Gold price has ended the week-long range-bound trading by refreshing its all-time high earlier on Tuesday. At the time of writing, the bullion was at a fresh record high of $4,725. With that, the GLD ETF, which tracks the performance of the gold bullion, is set to make a similar move.  Notably, a weaker US

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Investing

Polygon price prediction as adoption, transactions, and fees soar

Polygon price has retreated and pared back some of the gains experienced earlier this year. The POL token was trading at $0.1345 on Wednesday morning, down from the year-to-date high of $0.1865. Its fundamentals suggest that the POL price will eventually rebound as the network growth accelerates. Polygon’s adoption rate has soared  Polygon, one of

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Investing

USD/INR forecast: Here’s why the Indian rupee is in a freefall

The Indian rupee continued its strong slump against the US dollar this week, reaching a fresh all-time low. The USD/INR exchange rate rose for five consecutive days, reaching a high of 91.30. It has jumped by 9% from its lowest level in April last year and 26% from its lowest point in 2022. Indian rupee

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Investing

Tesco share price is stuck in a correction: can it bounce back soon?

The Tesco share price pulled back and moved into a correction, falling by 11% from its highest level in November last year. It was trading at 425p on Wednesday, down from the all-time high of 481p. This article explains what to expect as technicals point to more downside in the near term. Tesco share price

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Investing

PayPal stock just lost a crucial support: is it a bargain or a value trap?

PayPal stock price continued its strong downward trend this week as it plunged to the lowest level since November 2023. It lost a crucial support level as sellers remained in control and the short interest rose to 4.8%.  PayPal has become a fallen angel  PayPal stock price has crashed in the past few years, mirroring

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Investing

Intuit stock price gets oversold and cheap: is it safe to buy the dip?

Intuit stock price has nosedived this year, confirming a downward spiral that started in July last year when it peaked at $810 to a low of $545 today. It has plunged by 32% from its all-time high, erasing billions of dollars in value as the market capitalization fell from $226 billion to $150 billion. So,

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Nikkei 225 Index at risk as Citi warns on BoJ rate hikes

The Nikkei 225 Index retreated by over 1.2% on Tuesday, continuing a downtrend that has been going on in the past few days. It retreated to a low of ¥52,930, down from the year-to-date high of ¥54,515. This retreat may continue if the Bank of Japan (BoJ) maintains a highly hawkish tone as Citi expects.

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Pop Mart share price jumps after buyback, but H&S pattern points to a retreat

Pop Mart’s share price jumped by over 8% on Tuesday, its best performance in five months, as investors cheered its new share buyback program. It rose to an intraday high of H$ 198, up substantially from this month’s low of H$174. It remains 42% below its highest point this year. Pop Mart share price jumps

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Here’s why the Wise share price has gone parabolic today

Wise share price rose sharply on Tuesday after the British fintech giant published encouraging financial results and maintained its focus on executing a dual-listing. It rose by nearly 13%, reaching its highest level since November 25. Wise business is doing well despite rising competition  Wise, formerly known as TransferWise, is a top British company that

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Investing

Robinhood share price forecast as the crash continues

Robinhood stock price has crashed into a bear market this year as sellers remained on the sidelines. HOOD dropped to a low of $108.75, its lowest level since November 24, and ~30% below the highest level in October last year. This article explores whether the stock will rebound or continue falling this year. Robinhood stock

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