Gold futures remain subdued on Wednesday, pricing around the $3,400 level as investors brace for the Fed’s rate decision today. The central bank is expected to keep rates unchanged. Market participants are focused on economic projections, the dot plot, and future monetary policy guidance for the second half of 2025. Hence, the next leg for Read More…
Key Technical Developments Since Last Analysis: Technical Analysis Chart Structure: The triangle pattern has now confirmed a clean breakout, validated by a bullish expansion in range and follow-through. However, the past 2–3 daily candles are showing small-bodied indecision, implying consolidation just below the key $3,509 resistance level. Moving Averages: Resistance & Target Levels: Momentum Outlook: Read More…
Technical Breakdown Resistance Zone (22,264 – 22,425): MACD: Moving Averages: Outlook & Trade Setup: Term Bias Notes Short-Term (1–2 weeks) Cautious Bullish Price nearing ATH, but momentum is fading. Risk of rejection. Medium-Term (June–July) Bullish Breakout above ATH could trigger a run to 23,151 (R2) or 24,444 (R3). Long-Term Structural Uptrend Macro trend remains bullish Read More…
The US equities surged on Monday as investors appreciated the easing Middle East crisis, resulting in lower oil prices. The Dow Jones Industrial Average gained around 0.8%, which is more than 300 points. The S&P 500 also gained 0.9%, marking fresh all-time highs. The tech-heavy NASDAQ soared by 1.5%, outperforming others as the growth stocks Read More…
Currency futures showed a mixed sentiment on Monday as traders responded to the geopolitical tension, a weaker US dollar, and shifting speculative positions. The speculative flow via the IMM futures market revealed a clear bias that hedge funds and asset managers added to their short positions. Net speculative positioning showed a 31% rise in USD Read More…
Current Price: $73.51Change: +0.73%Move from June low: ~$60.09 → ~+22% rally Key Technicals: Crude has triggered a high-momentum breakout from a zone where CL was consolidating for a long time. This wasn’t a grind higher, though; this was a news-driven surge with a technical structure now favoring trend continuation, but with risk of overextension. Middle Read More…
