Gold prices eased on Wednesday after reaching a one-week high in the previous session amid safe-haven inflows. Investors rushed to the safe-haven yellow metal due to fears of an escalation in the Russia-Ukraine war. Gold (Source: Bloomberg) On Tuesday, Russian President Vladimir Putin said the country had updated its nuclear threshold following Ukraine’s recent attack. Read More…
Gold prices edged higher on Wednesday, halting the recent collapse caused by Trump’s election win. The pause came as market participants geared up for the crucial US inflation report, which will give clues to future Fed policy moves. Gold (Source: Bloomberg) Gold has fallen since Trump won the US presidential election. Trump’s win led to Read More…
Introduction Today, we have another amazing withdrawal and trader story to share with you: the inspiring story of Geoffrey, a registered nurse from the United States who has successfully balanced his full-time healthcare career with a funded trading account at OneUp Trader. In just six days, Geoffrey withdrew $13,000 from his funded account, with each Read More…
Chart OverviewToday’s analysis focuses on Gold Futures, trading on a daily timeframe. While the market maintains an overall bullish trend within a well-defined ascending channel, a potential head and shoulders pattern could be formed. There was a big red candle on the Trump victory, which was no surprise as investors looked for riskier investments instead of Read More…
Gold prices plunged to a three-week low on Wednesday after Trump won the US presidential election. Meanwhile, the US dollar surged to a four-month high, making gold more expensive for foreign buyers. However, the market focus has shifted to the upcoming US central bank policy meeting. Republican candidate Donald Trump won the election on Wednesday, Read More…
Gold prices reached a record high on Tuesday and extended gains on Wednesday as safe-haven inflows increased with geopolitical uncertainties. Investors were concerned about the upcoming US elections, with polls showing a tight race. At the same time, tensions in the Middle East escalated when 93 Palestinians died in an Israeli strike in Gaza. Gold Read More…
