Monthly Archives: June 2025
41654156156Gold Rebounds as Weak U.S. Economic Data Fuels Rate Cut Bets

Written on June 5, 2025 at 3:41 am, by pumarketings
Key Takeaways: *ADP Nonfarm Employment misses sharply, adding to signs of labor market softening *ISM Services PMI slips below 50, pointing to contraction in the services sector *Treasury yields and the U.S. Dollar fall on rising Fed rate cut expectations *Gold gains on safe-haven demand amid growth fears and debt ceiling concerns Market Summary: GoldContinue Reading
Chart the Market (04/06/2025)

Written on June 4, 2025 at 6:46 am, by pumarketings
ETH, H4: Ethereum’s recent price action has painted a complex technical picture, initially sparking concerns of a false breakout when it retreated below its higher-high support level after briefly touching a three-month peak at 2,787.50. This pullback saw ETH consolidate around the 2,500 level, where it established a new base before mounting a fresh upwardContinue Reading