Monthly Archives: May 2025
41654156156Chart the Market (09/05/2025)

Written on May 9, 2025 at 5:50 am, by pumarketings
XAUUSD, H4: Gold prices surged at the start of the week, breaking above previous resistance near the $3,350 level and briefly touching all-time highs around $3,490. However, the rally quickly lost steam as a shift in market sentiment—driven by underlying fundamentals—triggered a sharp pullback. The subsequent decline erased earlier gains and signaled a bearish reversal,Continue Reading
Wall Street Extends Rally on UK-U.S. Trade Deal Optimism

Written on May 9, 2025 at 5:44 am, by pumarketings
Key Takeaways: *U.S.-UK trade deals boost sentiment in Wall Street. *U.S. Initial Jobless Claims came soft, harming Wall Street risk appetite. All three major U.S. equity indices—Dow Jones, Nasdaq, and the S&P 500—closed higher in the latest session, continuing their upward trajectory. However, signs of waning momentum suggest the rally may be approaching a near-termContinue Reading