Introduction NQ, like the rest of the world’s stock markets, is surging. Now trading at an all-time high. This week might be the first weekly close above the all-time high, which marks an incredible recovery after a 37% decline from its previous high back at the beginning of 2022. Let’s see what the charts tell Read More…
Introduction Crude Oil has fallen from a high of $130 back in the middle of 2022 to a price of $72. Was that the highest price we will ever see in Crude Oil? The market sentiment is bearish at the moment for black gold but what do the charts say? Weekly Chart The weekly chart Read More…
On Thursday, gold prices reached a 10-day high after the Fed indicated that it was done with rate hikes and looking at the possibility of rate cuts. The Fed’s dovish shift, communicated during Wednesday’s FOMC meeting, led to expectations of more aggressive rate cuts. The market responded positively, boosting gold prices. Demand for gold went Read More…
Discover essential strategies for the OneUp Trader funded trader program, including risk management and trading discipline, for a successful trading career. Taking your first step toward funded trading marks an exciting milestone but requires careful planning and a strategic approach to enhance your chances of success. In this guide, we will go through the essential Read More…
Introduction We saw Gold reverse violently last week as the all-time high was broken for the first time in three years. Bulls were hoping for continued buying pressure once the significant level was broken but what we saw instead was an incredible reversal. Gold was trading as high as $2,150 per ounce last week before Read More…
On Thursday, gold strengthened as the dollar weakened ahead of US non-farm payrolls data. Traders anticipated signs of a weaker labor market, increasing the likelihood of a Federal Reserve rate cut in March. Chris Gaffney, head of world markets at EverBank, warned that market expectations for interest rates had become too optimistic. He stated that Read More…
