Italy is considering declaring its central bank’s 2,452 tons of Gold as the property of the people, a move opposed by the ECB over fears it could threaten bank independence. While the Italian central bank is unlikely to be forced to sell, central banks in Brazil and Poland have shown strong appetite for Gold, with October purchases reaching 53…
2025.12.05 2025.12.05 WTI Crude Oil: Elliott Wave Analysis and Forecast for 05.12.25 – 12.12.25 Alex Geutahttps://www.litefinance.org/blog/authors/alex-geuta/ The article covers the following subjects: Major Takeaways Main scenario: Consider short positions from corrections below the level of 66.00 with a target of 53.50 – 45.00. A sell signal: the price holds below 66.00. Stop Loss: above 66.00, Take Profit: 53.50 –…
EUR/GBP has been cruising above a rising trend line since August and is sitting right on this support level! Will it continue to hold? Or will it fold and set off a long-term reversal? EUR/GBP 4-hour Forex Chart by TradingView EUR/GBP has been trending higher for roughly four months already, lifted mostly by neutral-to-hawkish European Central Bank (ECB) commentary…
Prior +0.1% GDP +1.4% y/y Prior +1.5% Looking at the breakdown, household consumption contributed 0.1% to GDP growth on the quarter with government expenditure (+0.1%) and gross fixed capital formation (+0.2%) also seen increasing. Changes in inventories were also positive (+0.1%) and the only offsetting factor was exports less imports (-0.2%). This article was written by Justin Low at…
Italy Retail Sales n.s.a (YoY): 1.3% (October) vs 0.5%
2025.12.05 2025.12.05 Short-Term Analysis for Oil, Gold, and EURUSD for 05.12.2025 Alex Rodionovhttps://www.litefinance.org/blog/authors/alex-rodionov/ Welcome, my fellow traders! I have prepared a price forecast for the USCrude, XAUUSD, and EURUSD using a combination of the margin zones method and technical analysis. Based on the market analysis, I suggest entry signals for intraday traders. The euro is changing its short-term downtrend to…
CAD/CHF is pushing up against the top of its Double Bottom pattern ahead of a key Canadian data release! The pair is flirting with a breakout, but the bears are circling and trying to keep price contained below the .5750 line. Will we see an upside breakout in the next trading sessions? CAD/CHF Daily Forex Chart by TradingView In…
Major indices in the US had a mixed showing yesterday, mostly keeping little changed. Tech shares squeezed out slight gains but it wasn’t all too convincing of a more positive undertone even if European equities also managed to grind higher yesterday. At the balance, investors seem a bit nervous still in trying to manage the whole debate on the…
Gold prices remained broadly unchanged in Saudi Arabia on Friday, according to data compiled by FXStreet. The price for Gold stood at 508.44 Saudi Riyals (SAR) per gram, broadly stable compared with the SAR 507.99 it cost on Thursday. The price for Gold was broadly steady at SAR 5,930.39 per tola from SAR 5,925.10 per tola a day earlier….
2025.12.04 2025.12.04 Short-Term Analysis for Oil, Gold, and EURUSD for 04.12.2025 Alex Rodionovhttps://www.litefinance.org/blog/authors/alex-rodionov/ Welcome, my fellow traders! I have prepared a price forecast for the USCrude, XAUUSD, and EURUSD using a combination of the margin zones method and technical analysis. Based on the market analysis, I suggest entry signals for intraday traders. Gold’s price is pulling back in a correction…
