


Iam_Phasma
PremiumAfter we had a small run-up, we will start testing 3267 again, but this time as resistance. We will probably se the start of next leg down during NY session, that will continue during next week, with start at Sunday night in next Asia session.
Since gold have pumped like no tomorrow, we are expecting a healthy fullback. One good tool to look for a turn, is the VWAP. And, as you can se, we are long over due for a meeting.
After sprinting uphill like an over-caffeinated mountain goat, the yellow metal is now catching its breath because, frankly, even safe-haven assets need a spa day. Rising real yields, a temporarily stronger dollar flexing its muscles like it’s still in its prime, and traders taking profits faster than you can say “recession hedging” have all conspired to give gold...
Imagine a world where these mounting losses ripple through the banking system. Depositors begin to lose confidence, causing a tidal wave of withdrawals. Banks, scrambling to meet liquidity demands, are forced to sell these securities at a steep discount, further compounding their losses. This feedback loop is the financial equivalent of lighting a match in a...
As global economic uncertainties mount, investors are increasingly questioning the sustainability of the stock market’s bullish run. Factors such as geopolitical tensions, rising inflation, and concerns over economic slowdowns are prompting a reevaluation of investment strategies. Precious metals, historically viewed as a hedge against volatility and currency...
Market Overview: The XAU/USD pairing has been navigating within a well-defined channel in recent sessions. Bullish and bearish forces have played a tug-of-war, creating a symmetrical pattern that raises questions about the imminent market direction. Understanding the potential outcomes becomes imperative for traders seeking to capitalize on upcoming...