Introduction Bulls and bears have been slogging it out on GC futures with no side taking the upper hand as the yellow metal has been trading in a sideways range since June. Gold rallied really hard from the start of 2024, almost 145%, which is the fastest and strongest rally that we have seen since Read More…
Gold futures are recovering after plummeting from a record high of $5,595 an ounce in January. On November 4, spot gold traded around $4,000, up about 1% amid a weaker US dollar and falling Treasury yields. However, the broader fundamental picture remains mixed, with monetary policy, geopolitical developments, and institutional demand shaping the market outlook. Read More…
Introduction The Nasdaq has seen a big drop recently, falling almost 3% last Friday on the back of Intel’s poor guidance, which led to a sell-off in tech stocks. There is also talk about whether the AI boom is sustainable and whether the bubble could be bursting. The Chinese stock market has been selling off Read More…
Introduction The Nikkei is bouncing out of support now in the consolidation range that its been stuck in since June. The high was made on the 22nd of June at 73,7 and since then the Japanese benchmark has been moving sideways. Lets take a closer look at the technicals and what they are telling us. Read More…
Gold recovered on Monday and Tuesday after a bearish week as traders applauded the resumption of indirect talks between the US and Iran. Oil prices fell, easing inflation worries and concerns about higher global borrowing costs. However, market participants turned cautious early Wednesday ahead of the FOMC policy meeting. Spot gold (Source: Bloomberg) Reports revealed Read More…
Reading time: 4 min Introduction Silver futures are trading near $52.86, testing the lower edge of the $53–$56 support zone after another leg lower. We could say that the price has already broken lower depending on how you draw the support zone. Silver has already dropped below the 2025 October low, and bulls who were Read More…
