Gold prices extended gains on Wednesday as US recession fears sent investors from risky to safe-haven assets. A new tariff on steel and aluminum imports ignited a trade war between the US and the Eurozone. Meanwhile, there was some caution ahead of a crucial US inflation report. Spot gold (Source: Bloomberg) Recent tariff developments in Read More…
Introduction Gold futures (GC) continue its bullish trend in an ascending channel on the weekly chart. However, on the daily timeframe, price action is consolidating, with mixed signals on whether a breakout or pullback is more likely in the short term. Gold Fundamentals Central Bank Policies & Interest Rates Inflation & Safe-Haven Demand Weekly Chart Read More…
Gold prices extended gains on Wednesday after rallying nearly 1% in the previous session amid trade war uncertainty. At the same time, the dollar weakened, making gold cheaper for foreign buyers. Meanwhile, market participants look forward to US employment figures for clues on future Fed rate cuts. Spot gold (Source: Bloomberg) On Tuesday, investors scrambled Read More…
Introduction Today, we’re excited to share the success story of Jay R., a funded trader from Boston, Massachusetts, who has withdrawn $10,750 through the OneUp Trader funded program. This 23-year-old trader has leveraged his exceptional pattern recognition skills to make some great withdrawals from the OneUp Trader funded trader program. Let’s dive into Jay’s trading Read More…
Introduction As we march forward into the latter part of Q1, we have exciting news for our affiliates! Our Beginner Trading Course is now available as a part of the affiliate commission structure. OneUp Trader Affiliate Program Earn Up To 25% Commission on EVERY Subscription and RECURRING Subscriptions Making money as an affiliate partner is Read More…
Gold prices fell as investors took profits from the recent peaks, and the dollar soared amid US tariff uncertainty. Meanwhile, market participants looked forward to the US core PCE price index report for more clues on US monetary policy. Gold has had a bearish week so far after reaching new peaks on Monday. The rally Read More…
