we can use the widely used Mayer Multiple metric, which assesses the ratio between price and its 200DMA. The 200DMA is often used as a simple indicator for assessing bullish or bearish momentum, making any breaks above or below a key market pivot point.

Here's the Analysis of #JTO :

#JTO is been consolidating and wicking too, lying on the support zone of $3.68 - $3.74. Price is been very corrective while reaching the support area, where a bounce can expected from there with the trendline confluence. Take the risk accordingly with proper risk management.

#BTC kept on moving nearby its resistance area and made a small range. Nothing much happening and just couple of news, moving market back and forth.

German Govt. Sent Another Set of #BTC over the Exchange for Selling ?

XAUUSD, 15-minute timeframe chart

XAUUSD formed a bullish Three White Soldiers pattern

? General outlook
XAUUSD has been trading in a bearish trend within the last day. Now, the price displays a bullish Three White Soldiers pattern.

? Possible scenario
The best way to use this opportunity is to place a Buy order at 2,330.00.

Set your stop loss at 2,322.00 below the previous low ($8.00 loss for 0.01 lot) and take profit at 2,338.00 ($8.00 profit for 0.01 lot).

The risk-reward ratio for this order is 1:1.

The upcoming news will not influence your orders within the mentioned period.

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?The NFP report will define the XAUUSD trend

After the sharp rise on Wednesday, the gold (XAU) price declined by 0.03% on Thursday and consolidated within the $2,350–$2,360 range.

? Possible effects for traders

Traders are eagerly awaiting the release of the U.S. Nonfarm Payroll report today at 12:30 p.m. UTC, which will be a key factor in the Federal Reserve (Fed) decision regarding potential interest rate cuts. U.S. economic data over the past couple of weeks have significantly increased hopes for a rate reduction as early as September, and many investors expect today's report to support this outlook. Based on these anticipations, XAUUSD started to move upwards confidently. Gold has been rising throughout the week, benefiting from weak U.S. macroeconomic data. If today's employment data confirms a slowdown in the U.S. economy, expectations for a rate cut in September could exceed 80%, potentially pushing the price of gold towards $2,400. Currently, traders are pricing in about a 73% chance of a rate cut in September, according to the CME FedWatch Tool.

XAUUSD is consolidating and seems ready to rise. The pair may break above $2,400 and possibly rise towards $2,450. However, according to the minutes of the last Fed meeting, officials decided to avoid premature conclusions and seek more data. Additional bullish impetus for gold could come from geopolitical risks, particularly the situation in the Middle East. The conflict between Israel and Hamas has somewhat cooled but is yet to be resolved. As reported by Reuters: ‘Israeli Prime Minister Benjamin Netanyahu told U.S. President Joe Biden on Thursday he has decided to send a delegation to resume stalled negotiations on a hostage release deal with Hamas, their administrations said’.

Today, traders should prepare for increased volatility. The NFP report will come out at 12:30 p.m. UTC and define the XAUUSD trend movement. If the employment data reveals a softening labour market, the pair could rise towards $2,380–$2,390. Otherwise, the price may drop towards the support level of $2,350.

Capital Inflows ? when the cost basis of the 1w-1m holders trades above the 1m-3m cost basis. This underscores a positive momentum in demand, and, attracting new capital into the market.

Capital Outflows ? when the cost basis of the 1w-1m holders plunges below the 1m-3m cost basis. This structure signals a diminishing momentum in the demand side, and a net capital outflow from the asset.

During previous bull markets, a negative capital flow structure has occurred up to five times. We can also see that this structure has been in play since May and into early June.

Privacy Coins

Privacy coins are a type of cryptocurrency that prioritizes user privacy and anonymity. These coins use advanced features like stealth addresses, ring signatures, zero-knowledge proofs, and coin mixing to protect users' identities and transaction history from being traced or monitored.

Stealth addresses, for example ensure each transaction is sent to a unique, one-time address, making it difficult to link multiple transactions to a single user. Ring signatures on the other hand, allow a group of users to sign a transaction together, making it impossible to determine which individual initiated it.

Zero-knowledge proofs enable the validation of transactions without revealing any sensitive information, while coin mixing combines multiple transactions into a single transaction, making it difficult to trace the origin of the funds.

Popular examples of privacy coins include Monero (XMR), Zcash (ZEC), and Dash (DASH).

What is MACD ?

The Moving Average Convergence Divergence (#MACD) is a trend-following momentum indicator that helps traders and analysts identify potential buy and sell signals in an asset's price chart.

1. MACD Line (Blue Line): This is the difference between the 26-period Exponential Moving Average (EMA) and the 12-period EMA. The MACD line is more responsive to short-term price changes.

2. Signal Line (Orange Line): This is a 9-period EMA of the MACD line. It's used to generate trading signals.

3. Histogram: The histogram is the vertical bars that represent the difference between the MACD line and the signal line. It provides a visual representation of the MACD's divergence from the signal line.