Gold futures continue to receive strong fundamental support from central bank demand, ongoing macroeconomic uncertainty, and limited supply. This gives the metal a positive medium-term outlook. After a quick round of profit-taking earlier this year, most investors have seen the price fall, not as signs that the bull market is over, but as opportunities to Read More…
Introduction The S&P 500 E-mini futures continue to grind higher, pressing into the all-time high resistance zone just below 7,000. Price is holding here after dropping below the 50 moving average and immediately bouncing back with a bullish engulfing candlestick pattern. Buyers are still in control, but upside momentum is slowing as prices stretch and Read More…
Introduction Light crude oil futures remain in recovery mode after rebounding sharply from long-term support in the mid-$50s. Price has reclaimed the $60 handle and is now consolidating just below the 200-day moving average. This marks a shift in behavior from persistent selling to selective buying. The market is no longer in a breakdown phase, Read More…
Introduction Bitcoin futures have suffered a sharp and violent selloff, erasing months of gains in a matter of weeks. After topping near the $125,000 area, BTC collapsed more than 50% at its worst point before finding temporary stabilization near long-term support. Like with all cryptocurrency moves, it was a volatile one, and panic selling set Read More…
Introduction The Nasdaq 100 has pulled back from resistance after another failed attempt to push into new highs. While the broader trend remains bullish on a higher-timeframe basis, recent price action shows a market that is struggling to extend higher in the short term. This isn’t a breakdown. But it is a reminder that upside Read More…
Crude oil futures fell to the $63.50 region after two days of gains, as talks between Iran and the US in Oman eased fears of a broader disruption in the Middle East. The move, as reported, shows the market’s sensitivity. The risk premium can disappear quickly when diplomacy signals are strong and then return just Read More…
