Gold prices rose on Wednesday after US data revealed weaker-than-expected private employment numbers. Meanwhile, prices rallied in the previous session due to increased demand for safe havens. US fiscal worries intensified after the Senate narrowly passed Trump’s huge tax cuts and spending bill. At the same time, investors were concerned about the impending deadline for Read More…
Introduction Small caps are back in the spotlight. RTY futures have cleared both the 50-day and 200-day moving averages. While large caps (e.g., NQ/ES) are leading in momentum, RTY is catching up but is still lagging the bigger indices for a while now. Lets see what the technicals are saying. Technical Snapshot Metric Status / Read More…
Gold futures rebounded firmly from the trendline and 50-day moving average support after a multi-week pullback. With the U.S. Dollar Index (DXY) continuing to slide and geopolitical tensions simmering, gold’s technical posture is once again flashing constructive bullish signals — though momentum remains in recovery mode. Technical Overview Metric Value / Status Current Price 3,360.6 Read More…
Equities ended at record highs on Monday, driven by optimism over trade deals and a surge in expectations for Fed rate cuts. At the same time, it was the close of the best quarter in almost a year. Market participants are now gearing up for the US monthly employment report. S&P 500 performance (Source: Bloomberg) Read More…
