Gold futures (GC) remain caught between macroeconomic and geopolitical developments, reflecting an indecision in the market. The bounce seen on Wednesday looks more like a technical pullback than a shift in sentiment. Traders are cautious after Tuesday’s steep losses. The buying lacks noticeable conviction due to a confluence of mixed signals around the global landscape. Read More…
Tag: gold futures (GC)
Gold Technical Analysis Long/Near Term: May 23, 2025
Overview Gold futures (COMEX: GC) continue to trade near record highs with massive long-term momentum and short-term consolidation. Price could be coiling up for another bullish breakout. With macroeconomic uncertainty, a weakening U.S. dollar, central bank demand, and inflation hedging flows underpinning sentiment, gold remains the strongest major asset class of 2025. Monthly Chart RSI Read More…
Gold Extends Gains as Trump Tax Bill Faces Republican Resistance
Gold prices extended this week’s gains on Wednesday after Trump failed to convince some Republicans to vote for his tax bill. At the same time, concerns about the recent downgrade of the US government’s credit rating kept safe-haven demand for the yellow metal high. Gold (Source: Bloomberg) Gold has had a bullish week so far, Read More…
Machine Operator Withdraws $6,600 From Funded Account in Just 10 Days!
Introduction This week, we are featuring a new funded trader from Odessa, Texas, who, with persistence and clarity, withdrew an impressive $6,600 from his funded account in just 10 days! Michael M is a machine operator who has now made his fourth withdrawal from the OneUp Trader funded trader program, bringing his total to $11,320! Read More…
Gold Slips as Markets Refocus on US-China Trade Truce
Gold fell on Wednesday as investor focus returned to the US-China trade truce. A pause in the trade war has improved risk appetite, hurting the safe-haven metal. However, the price rebounded in the previous session after downbeat US inflation figures. Since last week, gold has had a difficult time as global trade and geopolitical tensions Read More…
Real Estate Professional Withdraws $7,000 From Funded Account in Just 6 Days!
Introduction At 42, Pinar P., a real estate professional from Huerth, Germany, has successfully transitioned into trading—making a total of $7,000 in withdrawals from her OneUp Trader funded account. She withdrew $4,000 in just two days in February, followed by another $3,000 over four days in April, all while trading on a $50K evaluation account. Read More…