by David Kindley | Jun 16, 2025 | Tecchnical Analysis
The market opened with a few gaps as Oil fluctuated over $8. With the recent global tensions boiling over, can gold reclaim its record high by the end of the week? Timestamps XAUUSD 00:30 WTI 01:45 Test your trading strategy on forex and stocks with Orbex OPEN LIVE...
by David Kindley | Jun 16, 2025 | Tecchnical Analysis
USOIL (WTIcrude) breaking higher USOIL (WTIcrude) continued its surge higher as Middle Eastern tensions continued to rise. The recent spike to the upside saw over $4 being added to the value of the black gold as price action tested the 78.00 level. With the whipsaw...
by David Kindley | Jun 13, 2025 | Tecchnical Analysis
The Nasdaq (NAS100) hitting another fresh high Indices in general have ignored the recent geopolitical news as the Nasdaq (NAS100) as well as the Dow and S&P, push higher. With any signs of slowing inflation, the index could be driven even more by the Fed’s next...
by David Kindley | Jun 13, 2025 | Tecchnical Analysis
The Gold (XAUUSD) tests demand zone The Gold (XAUUSD) corrected after reaching oversold levels as prices ventured towards $3400. An initial bounce is a sign of profit-taking by short-term sellers in the mid-3350 area, which could ease the downward pressure. 3375 is...
by David Kindley | Jun 12, 2025 | Tecchnical Analysis
CPI data in the US rose moderately yesterday, as the ongoing tariff war is expected to fan inflation. Added to that, gold and oil spiked as US-Iran tensions began to boil over. Timestamps XAUUSD 00:30 USOIL 01:55 Test your trading strategy on forex and stocks with...
