Gold futures extended their rally on Wednesday, with December contracts trading above $3,920, supported by safe-haven demand, a weaker dollar, and rising odds that the Federal Reserve will pivot to rate cuts sooner than anticipated. The metal has surged 47% so far in 2025, with 11% gains in September alone, marking its best monthly performance Read More…
Introduction Following on from our previous analysis, Gold futures have broken above the all-time high once more. Price action remains firmly above both the 50-day moving average at $3,527 and the 200-day moving average at $3,184.9 as bulls continue to dominate the market. The RSI now sits above 75, entering overbought conditions. This is normal Read More…
Gold futures modestly retreated on Wednesday after posting fresh all-time highs near $3,825 in the previous trading session. The gold’s pullback aligns with a stronger greenback supported by Fed Chair Powell’s cautious commentary on future monetary policy. Powell stressed that the Fed is facing a dual challenge of addressing the risk of sticky inflation Read More…
Introduction Bulls continue to dominate the price action for Gold futures as the yellow metal has made another all-time high. The RSI has been overbought for almost a month and price is clearly above both the 50 and the 200 moving average. Lets take a closer look at the technicals and see what they say. Read More…
Gold prices retreated on Wednesday as investors booked profits ahead of the FOMC policy meeting. The decline also came as the dollar strengthened briefly after upbeat retail sales data in the previous session. However, Fed rate cut expectations remained elevated. Gold has rallied to all-time highs in September amid an increase in expectations for lower Read More…
Introduction We are thrilled to announce another huge milestone for OneUp Trader: we’ve officially reached 2,000 Trustpilot reviews! This achievement wouldn’t have been possible without the incredible community of traders who continue to trust us and share their passion for becoming successful in the markets. Every review tells a story and shows the prop trading Read More…
