Jacques1000
PlusGold has been locked in a sideways, range-bound regime for months, largely oscillating between the 3400 and 3160 levels. This lack of clear directional trend stems from conflicting fundamental forces: on one hand, sticky inflation and resilient U.S. data have bolstered the U.S. dollar and yields, weighing on gold. On the other, global growth concerns and...
Since its impressive rally towards $3,500 earlier this year, Gold (XAUUSD) has settled into a consolidation phase, oscillating steadily between $3,250 and $3,400. Prices have consistently gravitated towards the 20-period SMA, reflecting a neutral sentiment among traders. Despite staying above key trend supports (50- and 200-period SMAs), gold has lacked sustained...
USDJPY on the daily chart is coiling within a textbook contracting triangle, with support ascending near 143.00 and resistance compressing downward toward 147.00. This symmetrical structure suggests traders are awaiting a decisive catalyst, as volatility has steadily declined alongside rangebound price action. Recent sessions show USDJPY respecting both its...
The oil market has experienced unprecedented volatility over the past two years, with five pivotal moments generating the most significant price movements in Brent crude. The Top 5 Market Movers: 1. June 13, 2025 (+7.02%): Israeli airstrikes on Iranian nuclear and oil facilities triggered the largest single-day surge to $74.23/barrel, demonstrating how...
The Nasdaq Composite closed at 19,714.99 on June 10, extending its rally to three straight days. This rise is underpinned by three key factors: strong AI-led earnings, a supportive macro backdrop, and bullish technical patterns. 1. Fundamentals: AI Fuels Earnings Top tech firms like NVIDIA (Q1 revenue: $44B+) and Broadcom are benefiting from the ongoing AI...
Gold has been in an overall uptrend since late January, steadily climbing with strong bullish momentum. After peaking around $3,440 in early April, price pulled back and found support near $3,171, bouncing from that level and now approaching resistance around $3,300. Recently, price has shown signs of recovery, but the move still hasn’t broken the downtrend from...
Markets in 2025 have become increasingly unpredictable, largely driven by one factor: tariffs. President Donald Trump’s aggressive trade policy has shaken investor confidence and turned global markets into a rollercoaster. The key to navigating this new environment? Understand that markets are no longer just reacting to economic data—they’re reacting to headlines....