Monthly Archives: July 2026
41654156156Chart the Market (03/07/2026)

Written on July 3, 2026 at 7:09 am, by pumarketings
SILVER, H4: Silver remains in a constructive recovery after breaking out of its descending channel, signaling that bearish momentum has faded and buyers are gradually regaining control. Following the breakout, price has established a series of higher highs and higher lows while holding above the key 58.95 support level, reinforcing the improving short-term bullish structure.Continue Reading
Dollar Slides After Weak Jobs Data; Gold Extends Gains as Fed Hike Bets Ease

Written on July 3, 2026 at 6:23 am, by pumarketings
Key Takeaways: *US dollar retreats sharply after weaker-than-expected Nonfarm Payrolls data *June payrolls rose only 57,000, well below market expectations of 110,000 *Gold extended gains as softer labor data supported demand for the precious metal Market Summary: The Dollar Index, which tracks the greenback against a basket of six major currencies, retraced sharply after theContinue Reading
Oil Extends Losses as Hormuz Flows Recover and Oversupply Concerns Build

Written on July 3, 2026 at 6:17 am, by pumarketings
Key Takeaways: *Crude oil prices continue to fall as supply disruption fears ease *Strait of Hormuz shipping flows improve as U.S.–Iran talks continue *Contango in the prompt spread signals rising oversupply concerns Market Summary: Crude oil prices continued to extend losses as fears of supply disruption eased further, with shipping flows through the Strait ofContinue Reading
