Bybit and FXStreet TradFi Report: Gold Poised for Breakout
Main Idea
Bybit's TradFi report highlights gold's recent record high and current consolidation, along with silver's potential as a diversification opportunity for investors.
Key Points
1. Gold reached a record high of $3,500 on April 22, 2025, and is currently consolidating near $3,365.
2. Since May 20, gold has been trading within a defined range of $3,274 (support) and $3,443 (resistance).
3. Silver is holding at $40, with potential to retest its all-time high of $50, offering additional diversification for investors.
Description
BitcoinWorld Bybit and FXStreet TradFi Report: Gold Poised for Breakout DUBAI, UAE, Aug. 13, 2025 /PRNewswire/ — Bybit , the world’s second-largest cryptocurrency exchange by trading volume, issued its latest TradFi report , highlighting gold’s enduring safe-haven appeal as investors prepare for major macroeconomic events. Following a record high earlier this year, gold is trading in a narrow range with neutral momentum, signaling potential for a decisive move as inflation data, tariff deadlines...
Latest News
- Choreo’s Strategic Move: $6.5M Bitcoin ETFs Investment Signals Growing Confidence2025-08-13 14:16:33
- Sign Foundation’s Astounding $12M Crypto Buyback Boosts SIGN Token Value2025-08-13 14:07:34
- U.S. Stock Markets Soar: What’s Driving Today’s Remarkable Rally?2025-08-13 13:58:58
- BTCC Jaren Jackson Jr. Alliance: A Game-Changing Crypto Partnership Unveiled2025-08-13 13:43:11
- Ethereum Transfer Shakes Crypto Market: Abraxas Moves 20,000 ETH to Bitfinex2025-08-13 13:29:20