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…
Gold futures remain steady on Wednesday above the key level of $3,310. The precious metal declined on Tuesday to a fresh 2-week low as the risk sentiment improved after the geopolitical tensions eased. However, the markets remain cautious as uncertainty from the US Federal Reserve lingers. The market opened on Monday with a softer tone Read More…
Introduction When it comes to funded trader programs, Marlon Haynes from Little Rock, Arkansas, has achieved what many aspiring traders only dream of: consistent profitability and sizable withdrawals through a prop firm. At 47, this six-year trading veteran recently withdrew $9,000 from his OneUp Funded Trader account in just three days, bringing his total withdrawals Read More…
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…
Gold prices gained on Wednesday after the US released cooler-than-expected inflation figures. The data increased pressure on the Fed to lower borrowing costs later this year. Meanwhile, talks between China and the US ended with no clear details on how the two countries will conduct trade after the 90-day pause. Data released on Wednesday revealed Read More…
