by David Kindley | May 30, 2025 | Tecchnical Analysis
The dollar fell further as data showed the US economy contracted in Q1, as jobless numbers also disappointed. With Gold continuing its choppy run, will we see any fresh peaks for the yellow metal soon? Timestamps DXY 00:25 XAUUSD 01:45 Test your trading strategy on...
by David Kindley | May 30, 2025 | Tecchnical Analysis
XAUUSD (yellow metal) losing momentum Gold sank over $60 as the ongoing geo-political tensions meant a choppy ride for the XAUUSD (yellow metal). Prices are trying to safeguard their recent gains after a slight dip in price action towards 3250. Fresh selling and...
by David Kindley | May 29, 2025 | Tecchnical Analysis
The Dow Jones(US 30)regaining lost ground The Dow Jones(US 30) progressed as the index extended its winning streak. Price action goes from strength to strength after breaking above 42000. 41400 is the current support where buyers have stepped in, but now 42750 could...
by David Kindley | May 28, 2025 | Tecchnical Analysis
Dollar Breaks Higher to Recoup Losses! Gold managed to hold onto the $3300 level as the dollar pushes higher. With the FOMC meeting expected to give more clues about the Fed’s direction, will there be any further surprises from the panel? Timestamps DXY 00:25 XAUUSD...
by David Kindley | May 28, 2025 | Tecchnical Analysis
GBPUSD pushes higher Cable moved higher as the US Dollar sell-off continued across the board. From the chart’s perspective, the bias remains bullish as the pair aims to close above 1.3600. As momentum becomes slightly exhaustive after hitting a recent double top, a...
