Gold prices rose on Wednesday as Treasury yields and the dollar eased due to softer-than-expected inflation figures. At the same time, the yellow metal remained in demand amid uncertainty regarding the upcoming Trump administration. The dollar and Treasury yields paused their recent rally after inflation figures on Wednesday came in slightly cooler than expected. The Read More…
Tag: gold futures (GC)
Trading Gaps Strategies Explained
Introduction Trading gaps are a common pattern in trading and markets, but not many traders know how to trade them correctly. First, we must begin with: What causes them? What are their features? And most importantly, how can you use them to make profitable trades? In this guide, we’ll answer all of those questions and Read More…
Nifty 50 daily technical analysis – January 13, 2025
The Nifty 50 Futures have been in a sustained downtrend, with bearish sentiment taking over since the to last year September. The performance metrics show a weak outlook across all timeframes, while technical levels show the possibility of further downside. Let’s break down the technicals. Performance Metrics Overview Technical analysis Price Below Moving Averages: Momentum Read More…
U.S. National Day of Mourning Trading Schedule for January 9, 2025
On January 9, 2025, the United States will observe a National Day of Mourning to honor former President Jimmy Carter, who passed away on December 29 at the age of 100. In recognition of this solemn occasion, there will be adjustments to trading schedules that traders must pay attention to. U.S. Equity Markets: Interest Rates Read More…
Gold Futures Daily Technical Analysis – January 7, 2025
Introduction Gold futures (GC) continue to consolidate within a symmetrical triangle formation. This comes after a strong 27% rally in the yellow metal in 2024, so it is normal for the market to experience a period of cooling. Let’s see what the technicals tell us here. Technical Analysis Symmetrical Triangle Formation Moving Average Support Gold’s Read More…
Start 2025 right with 60% off our beginner trading course
Introduction As we enter 2025, we’re offering a massive 60% discount on our Beginner Trading Course for those who want to start the year by investing in their trading education. Our course includes: ✅ 4 hours of engaging video content✅ 170 pages of in-depth learning materials 📚✅ 3 FREE one-on-one trader mindset sessions 💡✅ A Read More…