by David Kindley | May 8, 2025 | Tecchnical Analysis
Dow Jumps as Inflation Remains High! The Fed held its funds rate as officials adopt a wait-and-see approach to the ongoing trade war. Concerns that Trump’s tariffs could drive up inflation and slow economic growth could cap any proposed rate cuts in the near future....
by David Kindley | May 8, 2025 | Tecchnical Analysis
Yellow metal (XAUUSD) finds support Gold inches higher as the ongoing global tensions heightened as traders supported the yellow metal (XAUUSD). The price continues to push for another fresh high, but it will need to break 3440 to continue higher. Any correction is...
by David Kindley | May 7, 2025 | Tecchnical Analysis
Gold fell more than 2% as China’s trade talks with the US look to be progressing. With Oil jumping higher, will the black gold head back towards $70 by the end of the month? Timestamps XAUUSD 00:35 WTI 01:45 Test your trading strategy on forex and stocks with Orbex...
by David Kindley | May 7, 2025 | Tecchnical Analysis
UK 100 (FTSE) bulls remain in the market The UK100 (FTSE) maintained its winning streak as it broke the 8500 level. The rally has put the index on track to test this year’s high. A continuation could signal a move to a new all-time high above 8900. However, bulls...
by David Kindley | May 6, 2025 | Tecchnical Analysis
Gold extended gains as the safe haven asset was reinforced by the ongoing aggressive trade policy. The moves to impose and then pause sweeping tariffs kept the yellow metal (Gold) on course for another record high. Timestamps XAUUSD 00:30 DXY 01:25 Test your trading...
