Potential for a bullish pullback on the DXY Jones which could lead to a price movement towards the resistance level at 115.000
Gold prices remain near record highs as investors continue to flock to the precious metal amid rising trade tensions and persistent inflationary pressures. U.S. President Donald Trump’s recent executive order, which paves the way for reciprocal tariffs, has injected fresh uncertainty into global markets, driving up demand for gold as a safe haven. This surge in...
Fed Expected to Hold Rates Steady in 2025—Impact on Stocks, Bonds, and the Dollar - The Federal Reserve is likely to keep rates unchanged in 2025, with markets pricing in at most one cut by late in the year. Inflation remains stubborn, and Fed Chair Jerome Powell has signalled patience, dampening hopes for aggressive easing. - Equities face mixed impacts. Growth...
- Gold prices soared to a new record high of $2,817 last week, driven by rising concerns over tariffs and inflation. President Trump’s announcement of 25% tariffs on imports from Mexico and Canada, coupled with the possibility of additional tariffs on Chinese goods, fueled fears about disrupted supply chains and higher costs. Over the past month, gold has risen by...
Potential for a bullish pullback on the NASDAQ which could lead to a price movement towards the resistance level at 21700. Buy Levels from 21200-21250
Trump’s call for lower interest rates at the World Economic Forum added to the dollar’s slide. A weaker greenback enhances gold’s appeal by making it more affordable for foreign buyers, further boosting its demand. Tariff and Trade Uncertainty Lend Support Trump’s rhetoric on trade, including a potentially “friendly” resolution with China, has left traders...
Potential for a bearish pullback on the XAUUSD H1 which could lead to a price movement towards the support level at 2688
Potential for a bullish pullback on the DOW Jones which could lead to a price movement towards the resistance level at 44200
On the technical side, a breakout above $2693.40 would signal strong bullish momentum, with a potential rally toward $2726.30. However, failure to hold support at $2663.51 could shift sentiment bearish, exposing gold to a decline toward $2644.52. Additional uncertainties, such as President-elect Donald Trump’s proposed tariffs, are adding to gold’s allure amid...
Potential for a bullish pullback on the OIL 4D which could lead to a price movement towards the resistance level at 92.00
Potential for a bearish pullback on the AUDJPY 4D which could lead to a price movement towards the support level at 85.000
Potential for a bearish pullback on the NASDAQ 1D which could lead to a price movement towards the support level at 19.800
Potential for a bearish pullback on the CHJPY 4D which could lead to a price movement towards the support level at 165.000
- Looking ahead a sustained cooling of inflation or signs of economic slowdown could weaken the dollar and lower yields, both of which would boost gold. Geopolitical risks may also revive safe-haven demand. Until these factors align, gold’s near-term outlook leans bearish, with limited prospects for a sustained rally.
Potential for a bullish pullback on the NASDAQ M45 which could lead to a price movement towards the resistance level at 21.500
The US Dollar Index (DXY) remains range-bound between 105.722 and 106.843, maintaining a bullish outlook. Meanwhile, gold prices temporarily continue to benefit from ongoing geopolitical uncertainties and signals of global monetary easing, especially from China. However, with the DXY gaining bullish momentum, gold may soon face downward pressure.
Important Gold Update The US Dollar Index (DXY) remains range-bound between 105.722 and 106.843, maintaining a bullish outlook. Meanwhile, gold prices temporarily continue to benefit from ongoing geopolitical uncertainties and signals of global monetary easing, especially from China. However, with the DXY gaining bullish momentum, gold may soon face downward...
Potential for a bearish pullback on the US30 H2 which could lead to a price movement towards the support level at 44300