Gold (XAU/USD) price collapses during the North American session on Friday as the latest Nonfarm Payrolls report in the US smashed forecasts, with figures for the last three months upwardly revised, increasing the chance of a Federal Reserve (Fed) rate hike. The XAU/USD pair trades at $4,336, down more than 3%. XAU sinks as NFP shock sends US Dollar…
2026.06.05 2026.06.05 10 Best Gold-Backed Cryptocurrencies in 2026 Maxim Tkachenkohttps://www.litefinance.org/blog/authors/maxim-tkachenko/ The tokenized gold market, also known as gold-backed cryptocurrency, has surpassed $5.6 billion, evolving from a niche experiment into a fully fledged asset class. At a time when inflation erodes the value of fiat currencies and Bitcoin’s price volatility concerns both institutional and retail investors, tokenized real-world assets (RWAs)…
A good trading run can mess with your head, especially when pressure, ego, and fear start hijacking your next move.
The USDCHF is breaking higher and gaining upside momentum as it pushes above a key resistance zone defined by the late-April and late-May swing highs between 0.7923 and 0.7926. The pair has also moved above the 61.8% retracement of the decline from the March 31 high to the May 8 low, which comes in at 0.79345. That combination of…
Dell Technologies (NYSE: DELL) is a global leader in technology infrastructure, serving enterprises, governments, and consumers through its diversified portfolio of hardware, software, storage, networking, and cloud solutions. Founded by Michael Dell in 1984, the company has evolved from a personal computer manufacturer into one of the world’s leading providers of enterprise technology infrastructure, positioning itself at the center…
2026.06.05 2026.06.05 XAU/USD: Elliott Wave Analysis and Forecast for 05.06.26–12.06.26 Alex Geutahttps://www.litefinance.org/blog/authors/alex-geuta/ The article covers the following subjects: Major Takeaways Main scenario: Consider long positions from corrections above 4,372.95 with a target of 5,610.00–6,000.00. A buy signal: the price holds above 4,372.95. Stop Loss: below 4,300.00, Take Profit: 5,610.00–6,000.00. Alternative scenario: Breakout and consolidation below 4,372.95 will allow the…
AUD/CAD bears are holding the line at a key resistance zone! With Canada’s jobs data due today, the pair’s next move could come with some real conviction.
The broader market mood is once again looking more mixed, in trying to digest US-Iran developments this week. But in the context of US equities, there is a different narrative running as we saw a sharp selloff in semiconductor stocks yesterday. Dip buyers managed to salvage things right before the close but there were still some steep losses for…
AUD/USD depreciates after registering minor gains in the previous day, trading around 0.7120 during the Asian hours. The technical analysis of the daily chart shows the pair consolidating sideways within a rectangle pattern, as neither bulls nor bears gain control. The AUD/USD pair is holding a slight bearish tone however as it sits beneath both the nine-day and 50-day…
2026.06.05 2026.06.05 Greenback Stalls as Markets Await US Jobs Report. Forecast as of 05.06.2026 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ Donald Trump says one thing, while Iran and Hezbollah say something completely opposite. Investors do not know who to believe. As a result, oil and the EUR/USD pair are fluctuating wildly. Meanwhile, the markets are expecting a signal from US employment data. Let’s…
