darcsherry

10:53

darcsherry 15 hours ago

Last week, Gold briefly hit an all‑time high of $3,357 before profit‑taking drove it back to around $3,320 zone📉 Ongoing uncertainty around US‑China trade relations and a weaker dollar drove traders into safe‑haven assets, supporting bullion bids despite the pullback. Meanwhile, Fed Chair Jerome Powell’s hawkish speech on Wednesday capped the rally for now,...

08:16

darcsherry Updated  Apr 14

In this video, I break down the key forces pushing gold to record highs. Learn how factors such as US-China trade tensions, global inflation pressures, and geopolitical uncertainty—combined with a weakening US Dollar and safe-haven demand—are reshaping the gold market. In this quick analysis, we cover: 🔹 Inflation & Economic Uncertainty: How rising prices and...

08:27

darcsherry Updated  Apr 7

The price of gold (XAUUSD) surged to a new all-time high last week following former President Trump’s announcement of reciprocal tariffs, only to face a strong retracement that plunged it to a 7-day low of around $3,015. The market then saw a recovery after Fed Chair Jerome Powell hinted that inflation could reaccelerate due to the economic impact of tariffs. In...

08:49

darcsherry Updated  Mar 31

Gold surged to a record high of $3,086 last week as investors dumped Equities and Crypto for safe-haven assets. With rising inflation concerns and uncertainty surrounding Trump’s tariffs, fears of a US recession or stagflation are driving the market. 📈 Will Gold continue its rally, or is a pullback coming? In this video, I break down my thought process and how...

darcsherry Updated  Mar 24

Oil prices are showing signs of recovery after a strong bearish move, with $68.00 as a key level that will play a significant role in guiding our trading decisions for the new week. 📌 Key Technical Outlook: 🔹 Oil is currently trading within an ascending channel on the 4H timeframe. 🔹 I’ll be watching for a breakout/retest of the channel resistance and $68.50...

darcsherry Updated  Mar 24

The USD/JPY pair is currently in a temporary uptrend within a broader consolidation, following a strong bearish move that started at the beginning of the year. The Y149.000 level will be a key zone for our trading decisions. 📌 Key Technical Outlook: 🔹 Price faced selling pressure around Y150.000, leading to a pullback. 🔹 As long as price holds above the...

darcsherry Updated  Mar 24

🚀 XAUUSD Key Update & Market Outlook Gold continues to hold a bullish trend, but price action has pulled back after setting a new record high. The key $3,000 level will play a significant role in guiding our trading decisions next week. A hold above this zone could fuel further bullish momentum, while a breakdown could trigger strong bearish moves. 📌 Major...

07:11

darcsherry Updated  Mar 17

Gold remains range-bound near record highs, with bullish potential as traders eye the Fed’s next move. Concerns over U.S. tariffs driving inflation, ongoing geopolitical tensions, and China’s rising gold reserves add to market uncertainty. In this video, I break down the key technical level, market sentiment, and my personal strategy for positioning ahead of next...

12:58

darcsherry Updated  Mar 10

Gold prices dipped on Friday as the US jobs report and rising Treasury yields reshaped market sentiment. The US Dollar also trimmed some losses, adding to the pressure. Despite the NFP data missing the mark, the Unemployment Rate remained stable. The current consolidation phase comes amid uncertainty following Fed Chair Jerome Powell's cautious stance on interest...

darcsherry Updated  Mar 10

Market Overview: 📈 Strong JPY Performance: Expectations of another BoJ rate hike have pushed the Japanese Yen to perform strongly in the Asia-Pacific region. 📊 Record Net Long Positions: Non-commercial traders' net long yen futures surged to 96K contracts (up from 61K), setting a 30-year record according to CFTC data. Technical Insights: 📉 Descending Channel &...

darcsherry Updated  Mar 10

Market Overview: 📉 WTI at $66.00: Trading defensively near a three-year low amid tariff concerns and OPEC+ output hikes. 📊 Inventory Build: A larger-than-expected US crude inventory build (up by 3.614M barrels vs. a forecasted decline) is adding pressure on prices. ⚖️ Tariff Uncertainty: Despite Trump's recent executive order exempting goods from Canada and...

14:48

darcsherry Updated  Mar 3

Gold is under pressure, trading at a three-week low while the US Dollar rises amid trade policy fears and recession concerns. With Trump's tariff plans—a 25% tariff on Mexico and Canada plus an extra 10% on China—set to take effect next week, will gold fall further or attract safe-haven flows? In this quick analysis, I share my trading approach for the coming...

08:53

darcsherry Updated  Feb 17

Gold dipped below $2,900 on Friday but is set to close the week with over 0.80% gains as traders book profits. In this video, we break down the latest market moves: sharply plunging US Retail Sales, a weakening US Dollar, and improving US Industrial Production. Central banks continue ramping up their gold purchases, with the World Gold Council reporting over 1,000...

09:42

darcsherry Updated  Feb 3

Gold continues to dominate the headlines, trading near all-time highs above $2,800 as market participants grow risk-averse. The White House’s confirmation of 25% tariffs on Canada and Mexico set to take effect on February 1 has sent ripples through the market, adding to the uncertainty. On the macroeconomic front, December’s Core PCE Price Index—the Fed’s...

10:25

darcsherry Updated  Jan 20

The market is buzzing with mixed feelings as we approach Donald Trump's inauguration as US President-elect. Gold prices have retreated from a one-month peak, with some investors jumping on the opportunity to buy the US Dollar at perceived dips. Despite this, gold remains heavily influenced by the geopolitical and domestic political climate in the US. Recent...

11:20

darcsherry Updated  Jan 13

Gold prices extended their rally last week, shrugging off a strong U.S. Nonfarm Payrolls (NFP) report that added 256,000 jobs in December, far exceeding expectations. The unemployment rate dipped to 4.1%, highlighting the resilience of the U.S. labour market. Despite this, inflationary concerns persist, with consumers expecting higher prices in the coming year,...

17:03

darcsherry Updated  Jan 7

Welcome back, everyone! XAU/USD dipped on Friday, falling to the $2,635 zone as market sentiment shifts in the new year. Federal Reserve's Tom Barkin noted lower interest rates in 2024, easing inflation and unemployment, which could ease pressure on the US Dollar—potentially supporting gold prices. With a busy week of high-impact events, the gold market is at a...

17:00

darcsherry Updated  Dec 16, 2024

Gold prices experienced a nearly 1% decline last week, largely influenced by a series of US economic data releases. Mixed signals from consumer and producer inflation reports kept markets cautious, but the lower-than-expected Initial Jobless Claims report strengthened investor confidence in a potential Federal Reserve rate cut at its December 17-18 meeting....