The dollar index is expected to post its first weekly decline since January. The number of Americans making new unemployment claims dropped once more last week. Investors were betting on increased physical demand from China, the largest bullion consumer. Gold is set to post its most significant weekly increase since mid-January as the US dollar Read More…
Gold retraces from its downtrend, offering bears a short opportunity. Trader mindset announcement. Last time we looked at Gold On February 24th, I mentioned how we should be sitting on our hands until we saw a potential short squeeze in GC futures. Sometimes we just have to accept the fact that there are no opportunities Read More…
Gold’s recent price action gives little opportunities for bulls. Traders could be waiting for a short squeeze to initiate short positions. Trader mindset announcement. The slide Gold futures have dropped 7.6% in 14 days. In that period of time, 80% of the candlesticks have been red. The sell-off has been steep, and bulls would signal Read More…
Gold prices fell to their lowest level in two months. US unemployment benefit claims surprisingly decreased last week. Markets are preparing for the release of the PCE price index for January. Gold price fell on Thursday after the US released upbeat economic data. The prices fell to their lowest level in around two months after Read More…
In this article, we discuss why you should choose our funded trading account to maximize profits. 12 Reasons to Choose OneUp Trader’s Funded Trading Account Trading is a complex game, and finding the right funded trader program to launch your career is crucial. The odds are stacked against you, but with the right tools and Read More…
Analyzing the different entry zone spoke of last week and if they are still available. Looking at the erratic price action of RTY and why. RTY retraces into buy zone Last week, I mentioned two zones where we could look at initiating long positions. At the time of writing that article, RTY was trading at Read More…
