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- Gold could break above \$3500 if geopolitical tensions intensify further
- Dollar Index – Bears Maintain Control, Pressuring Key Support Levels
- Gold gains on heightened geopolitical tensions and growing expectations of a Fed rate cut
- WTI crude hits a fresh multi-week high amid rising optimism over U.S.–China trade negotiations
- Near-term action is awaiting directional signals from a break of either boundary of the daily Ichimoku cloud
- Gold Rebounds Off Major Support, Eyes Fresh Catalysts for Next Move
- Gold Trades Cautiously Ahead of Key U.S. Jobs Report
- U.S. Private Payroll Growth Slows Sharply in May – ADP
- GOLD – Bullish Bias Persists Above Broken Triangle’s Upper Boundary
- Eurozone Inflation Slows More Than Expected in May
Gold gains on heightened geopolitical tensions and growing expectations of a Fed rate cut
Gold reached a one-week high early Thursday, building on Wednesday’s nearly 1% surge, driven by softer-than-expected U.S. inflation data that weakened the dollar and reinforced expectations for Federal Reserve rate cuts.
Rising…
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WTI crude hits a fresh multi-week high amid rising optimism over U.S.–China trade negotiations
Oil prices continue to rise, supported by growing optimism over a potential U.S.–China trade agreement that could ease geopolitical tensions, support global economic growth, and strengthen oil demand.
WTI crude climbed to its highest level…
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Near-term action is awaiting directional signals from a break of either boundary of the daily…
USD/JPY continues to trade within the daily Ichimoku cloud (144.43–145.59), and remains confined between the Tenkan-sen and Kijun-sen lines, with the Kijun-sen (145.38) acting as a cap on today’s price action.
The near-term technical…
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Gold Rebounds Off Major Support, Eyes Fresh Catalysts for Next Move
Gold Price Inches Higher After Testing Key Support, But Recovery Remains Fragile
Gold prices edged higher in early European trading after slipping to a fresh one-week low. The metal broke below strong support around the $3300 level—a key…
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Gold Trades Cautiously Ahead of Key U.S. Jobs Report
Gold is trading within a narrow range during Friday’s European session, maintaining a constructive tone despite Thursday’s sharp rejection at the pivotal $3400 level and a daily close in the red.
The near-term price action remains centered…
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U.S. Private Payroll Growth Slows Sharply in May – ADP
Hiring in the U.S. private sector slowed significantly in May, with only 37,000 new jobs added—well below the consensus estimate of 111,000 and down from April’s downwardly revised figure of 60,000 (previously 62,000).
This marks the…
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GOLD – Bullish Bias Persists Above Broken Triangle’s Upper Boundary
Gold prices traded within a narrow range on Wednesday, maintaining a bullish bias following a shallow corrective dip on Tuesday.
The broken Fibonacci level at $3,355 (61.8% retracement of the $3,200–$3,120 pullback) has now turned into a…
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Eurozone Inflation Slows More Than Expected in May
Inflation in the Eurozone eased to 1.9% in May, down from 2.2% in April and below the consensus forecast of 2.0%. The slowdown was driven by a drop in energy prices and a marked decline in services inflation.
Core inflation—which excludes…
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Oil Prices Climb Nearly 4%, Key Resistance Levels Come Under Pressure
WTI oil prices surged by approximately 3.7% on Monday, reaching their highest level in nearly two weeks and heading for the largest daily gain since April 9.
The latest rally broke into the daily Ichimoku cloud (ranging from \$62.83 to…
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Gold Prices Surge Amid Renewed Tariff Concerns and Geopolitical Tensions
Gold prices jumped sharply in early Monday trading, opening with a gap higher as markets reacted to the intensifying war in Ukraine, fresh threats from former President Trump to double tariffs on steel and aluminum imports, and the victory…
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