About: pumarketings
Recent Posts by pumarketings
Gold Slips as Ceasefire Hopes Curb Safe-Haven Demand
Key Takeaways: *Gold retreated despite a weaker U.S. dollar and Moody’s U.S. credit downgrade, as geopolitical sentiment shifted.*Trump signals potential Russia-Ukraine ceasefire talks, prompting risk-on sentiment Fundamental Analysis Gold prices slipped on Tuesday, retreating from recent highs despite a weaker U.S. dollar and Moody’s downgrade of the U.S. credit outlook. The move came as geopoliticalContinue Reading
Chart the Market (20/05/2025)
EURUSD, H4: The EURUSD pair has carved out a higher-high price structure following a rebound from its recent low near 1.1065, signaling a potential bullish trend reversal. The recovery momentum now faces a critical test at the 1.1270 resistance level. A decisive break above this zone would confirm a bullish breakout, potentially opening the doorContinue Reading
Chart the Market (19/05/2025)
ETH, H4: Ethereum’s bullish momentum has shown signs of exhaustion after posting a 50% gain in early May. The cryptocurrency has since entered a downward trajectory, falling over 10% from its recent peak and forming a descending channel. Despite a brief breakout attempt above the channel, the appearance of a bearish engulfing candlestick pattern quicklyContinue Reading
