EUR/USD Market Analysis: Inflation Drop Spurs ECB Rate Cut ExpecTechnical Analysis
On the 1-hour chart, EUR/USD is trading near 1.1408, showing a corrective pullback after recent gains. The pair breached a rising trendline support around 1.1411 and is approaching key Fibonacci retracement levels derived from the recent swing low to high. Immediate support lies at the 100% Fibonacci level near 1.1368, with further downside targets at the 127.2% extension at 1.1399 and the 161.8% extension at 1.1385. The 61.8% retracement at 1.1427 now acts as a resistance barrier.
Otherwise, buyers have to reclaim the 1.14276 hurdle to alter the downward movement.
Conclusion
EUR/USD remains in a phase of consolidation shaped by diverging central bank policies and fresh inflation signals. The softer Eurozone inflation grants the ECB room to ease, which weighs on the euro, while the U.S. dollar finds support amid stable economic data and hawkish Fed outlooks. Traders should monitor the ECB meeting closely for guidance cues and watch technical levels at 1.1368 support and 1.1427 resistance for potential directional confirmation.
The interplay of these fundamental and technical factors will define the pair’s trajectory in the coming sessions.
Fundamental Analysis
Gold Price Rises on Tariff Tensions and Geopolitical RisksGold jumped nearly 3% as President Trump announced plans to double tariffs on U.S. steel and aluminum imports to 50% starting June 4, fueling safe-haven demand and weakening the U.S. Dollar. The EU expressed strong regret and warned of potential countermeasures.
The rally continued on Tuesday (June 3) as geopolitical tensions escalated. Ukraine launched its largest drone attack on Russian airbases, while Moscow responded with long-range strikes on Kyiv. These events, combined with weak U.S. ISM Manufacturing PMI (May: 48.5, lowest since Nov), added to market anxiety.
Investors are watching the Fed’s upcoming statements for clues on rate direction. Lower interest rates and global instability continue to support gold’s bullish case.
Technical Outlook – XAUUSD
Gold hit $3,371, then pulled back slightly, but remains on track to reach $3,400 soon. A short-term bullish channel is forming, and RSI above 50 suggests more upside potential.
Pullbacks above the 21-day EMA and 0.382 Fibonacci level are likely temporary corrections or buy opportunities.
Support: 3,326 – 3,300 – 3,292
Resistance: 3,371 – 3,400 – 3,435
YEN WEAKENS ON UEDA’S DOVISH CAUTION;WHILE GBPJPY SLIDES TO
During governor Kazuo Ueda’s speech on Tuesday, he emphasized that the central bank would raise interest rates once it is convinced enough that economic and price growth will re-accelerate after a period of stagnation.
He further signaled the central bank will continue to taper its huge bond buying even after an existing plan running through March expires, underscoring its resolve to stay on course for a slow but steady withdrawal of ultra-easy policy.
The Bank governor further highlighted the challenges posed by higher U.S. tariffs, which could reduce exports, hamper corporate profits, and impact wage growth and consumer sentiment. Despite headline inflation reaching 4.6% in April, above the BOJ's 2% target the central bank maintains low interest rates at 0.50%, expecting food price inflation to ease.
Ueda's remarks led to a depreciation of the yen, as markets interpreted his cautious stance as a sign that immediate rate hikes are unlikely. As at the time of writing, the yen is down by 0.08%, and the GBP by 0.14%.
TECHNICAL VIEW:
From technical perspective, GBPJPY remains in a short-term downtrend on the 2-hour chart. The pair is currently trading at 193.16 and down by 0.07% as at 02:25PM GMT+4. Meanwhile, the pair found support near 192.56, with the RSI hovering around 38.6. The emergence of a bearish hidden divergence suggests there may still be further downside potential. If the bearish momentum continues, technicians expect price to tank further with potential target around 192.56, 191.88 and then 190.86. On the flipside, a bullish rally would likely usher in potential targets around 193.86, 194.65 and 196.18 according to analysts. Break out of these levels are possible.
EURUSD – Retracement Expected Before Further UpsideEURUSD – Retracement Expected Before Further Upside
The EURUSD pair has seen strong bullish momentum over the past two days, mainly driven by the weakening U.S. dollar. Last week’s softer-than-expected U.S. Core PCE and PMI data fueled speculation that the Federal Reserve may hold rates steady for longer, weighing on USD sentiment.
However, with upcoming speeches from FOMC members and the Non-Farm Payrolls (NFP) data due later this week, traders may look to take profit or step aside, leading to a short-term retracement before any continuation of the bullish trend.
🔍 Macro & Fundamental Overview:
USD remains under pressure amid declining inflation signals and weakening economic data.
ECB is expected to cut rates, but at a slower pace than the Fed, creating a divergence that supports the Euro in the near term.
Political uncertainties in the EU, including upcoming elections, are worth monitoring.
📉 Technical Analysis:
The medium-term trend remains bullish with EMA 13–34–89–200 aligned to the upside.
Price is currently reacting at the 0.0 FIBO level (1.1420), suggesting a potential pullback.
Key support lies between 1.1345 – 1.1317. If this zone holds, it could serve as a solid base for a bullish continuation.
🧭 Suggested Trade Scenarios:
🔵 BUY ZONE: 1.1317 – 1.1345
SL: 1.1285
TP: 1.1370 → 1.1400 → 1.1420 → 1.1450+
🔻 SELL ZONE (Short-term counter-trade): 1.1418 – 1.1425
SL: 1.1450
TP: 1.1385 → 1.1350 → 1.1320
BTC Educational Idea by 1PercentFundedBTC Update : These are the possible scenarios for BTC based on 2021
Scenario A. BTC rejects 108/109k (Purple Arrow) & retest 98k (High Probability)
Scenario B. BTC retest 110/111k (Black Arrow) & creates a double top before dumping to 88/98k
Our team will be building shorts at 108k onwards & will add if 111k is given. 117.5k invalidation.
Chainlink Buys to continue uptrend 🔍 1. Technical Analysis
Uptrend Continuation Indicators:
Higher highs and higher lows on the daily or 4H chart.
Key resistance levels: Watch if LINK breaks and holds above resistance (e.g., $18–$20 zone).
Moving averages: Trading above the 50-day and 200-day moving averages can support bullish momentum.
RSI/MACD: RSI between 50–70 and a MACD crossover can support continued momentum without overextension.
📈 2. Fundamental Catalysts
Partnership announcements or oracle integrations with top blockchains (like Ethereum L2s).
Staking growth: More LINK being staked (especially in Chainlink Staking v0.2) = reduced supply, potentially boosting price.
Adoption trends: More protocols relying on Chainlink oracles means higher demand.
Gold Price Analysis June 3D1 candle confirms strong price increase by breaking the previous selling zone around 3365 and breaking the trendline structure
On the h4 time frame, it shows quite nice price increase waves. On h1, it shows that this morning's Asian session has profit-taking waves from sellers, leading to gold prices worth retesting important support zones.
3353 has reacted once, many zones are considered buying opportunities today. 3332, 3325, 3315 are considered price reactions for long-term BUY signals today, which can push up to 34xx
If 3353 remains stable, Gold will push up to 3390 to react once before touching the daily resistance zone around 3408
Why Silver Must Go Down — And Why It's No Safe HavenOANDA:XAGUSD TVC:SILVER Silver is often misunderstood. Investors treat it like a hedge against uncertainty—a supposed "safe haven" asset. But in reality, silver is not a store of value. It’s an industrial metal, one that quietly fuels inflation and raises the cost of everyday life.
📈 High Silver Prices = Hidden Inflation
Silver plays a key role in the modern economy. It’s a vital component in the electronics we use, the vehicles we drive, and even the medical products we depend on.
When silver prices rise, manufacturing costs increase. That leads to higher prices for consumers. Unlike gold, which sits in vaults, silver is used up. It goes into your phone, your TV, your car, your solar panel—then it's gone. Rising silver prices ripple through the global supply chain.
⚠️ The effects:
Smartphones and laptops become more expensive.
Solar panels cost more, slowing clean energy adoption.
Medical tools and antibacterial products go up in price.
EVs become harder to produce at scale.
Inflation quietly worsens for the average person.
❌ Silver Is NOT a Safe Haven
The idea that silver is a safe-haven asset is a dangerous myth.
Unlike gold, silver is tied closely to industrial demand. When economies slow down, silver usually underperforms. It’s volatile, reactive, and far from stable. While gold often rises in a crisis, silver behaves like a commodity—not a financial refuge.
Quick facts:
Silver is more volatile than gold.
It follows manufacturing trends, not market fear.
Its price is highly speculative and sentiment-driven.
📉 Why Silver Needs to Correct
Today’s silver prices are being driven more by emotion and narrative than fundamentals. Industrial demand is steady—not surging. Yet prices are inflated as if silver is scarce or irreplaceable. A correction in silver would:
Lower production costs for key industries
Ease global inflation pressure
Help consumers avoid price hikes on essential goods
Reduce over-speculation and volatility in the metals market
📋 Real-Life Items That Contain Silver
Understanding silver’s true role means looking at the real-world items that use it every day:
🔌 Electronics:
Smartphones (iPhones, Androids)
Laptops, tablets, TVs
Game consoles, remotes
Smartwatches, fitness trackers
🏠 Home:
Refrigerators, ovens, washers, dryers
LED light bulbs
Smart home devices (Alexa, Nest)
Air conditioners, thermostats
🚗 Vehicles:
Electric vehicles and battery systems
Infotainment systems
Defoggers, sensors, GPS units
⚡ Energy:
Solar panels (photovoltaic cells)
Electrical wiring, circuit breakers, fuses
🧬 Healthcare:
Wound dressings, surgical tools
Dental fillings, medical tubing
Antibacterial creams, hospital gear
👚 Clothing:
Antimicrobial athletic wear
Silver-infused socks, uniforms
🔄 Other:
Water purifiers
Air purifiers
Jewelry and coins
Musical instruments
Photography (traditional film)
🧠 Final Thoughts
Silver is not a safe haven—it’s a cost driver. Every dollar it rises adds pressure to the real economy. If you're serious about inflation, energy access, and technological progress, you should hope silver goes down, not up.
A lower silver price doesn’t hurt progress—it fuels it.
JPYUSD Technical Breakdown | Inverse Head & Shoulders + Target🔍 Pattern Breakdown: Inverse Head & Shoulders (H&S)
We’ve identified a textbook Inverse Head & Shoulders pattern, a classic bullish reversal formation that often appears at the end of a downtrend. Here's how the structure played out:
Left Shoulder:
The initial drop formed a local low, followed by a short recovery, creating the first "shoulder" on the left.
Head:
A deeper push down formed the lowest point of the pattern, indicating a possible trap for sellers or exhaustion in bearish momentum. This is the "head" and the key anchor of the pattern.
Right Shoulder:
A higher low forms, showing buyers stepping in earlier and with more strength. This symmetry confirms the structure and signals a potential reversal in trend.
Neckline:
Drawn across the highs between the shoulders, this key resistance line was broken decisively, confirming the bullish pattern and triggering an upward breakout.
📌 Trendline + Retest Zone = Confluence Support
After the breakout above the neckline:
Price surged strongly, showing confidence in the reversal.
It pulled back gently to retest the neckline, which now acts as support.
This retest also aligns with the upward trendline, adding confluence — a strong signal in technical trading that increases the probability of a successful continuation move.
This zone is labeled on the chart as:
🟦 “Like a Retesting Zone After Boom” — a perfect description of what’s occurring.
🎯 Target and Resistance Zones
The price is now moving toward a major resistance zone marked between 0.007020 – 0.007060, with a target zone slightly above at 0.007080.
These zones represent historical selling pressure or supply areas. A breakout above this region would open doors to even higher levels, signaling strong bullish continuation.
📈 Why This Setup Matters (MMC Strategy Applied)
Using the Market Mapping Concept (MMC) approach, this trade idea combines:
Market structure (Inverse H&S pattern)
Momentum confirmation (strong bullish move after breakout)
Zone mapping (support/resistance confluence)
Trendline validation (clean structure with pullback respect)
This creates a well-defined trade setup with clear entry and exit logic, excellent risk-to-reward potential, and technical confirmation.
✅ Summary: Bullish Outlook With Managed Risk
Bias: Bullish continuation as long as price holds above the neckline/trendline zone.
Confirmation: Inverse H&S pattern + successful retest.
Target: 0.007060–0.007080 resistance zone.
Invalidation: Break below 0.006980 and close under trendline support.
💬 Minds Post Caption (Extended)
🔥 JPYUSD Ready to Fly? Inverse Head & Shoulders Breakout Spotted!
Clean reversal pattern (H&S) just completed with a strong neckline breakout and a perfect retest at trendline confluence. MMC analysis suggests bullish continuation toward the 0.007060+ resistance zone. Classic "retest after boom" move. Watching price action closely! 🚀📊
XAGUSD Analysis – Market Mapping Concept (MMC) + Target🧭 Overview:
Today's Silver price action presents a textbook example of how MMC can guide traders through:
Identifying the smart money accumulation phase.
Anticipating breakout momentum .
Locating key reversal areas based on previous liquidity maps and structural shifts.
We are currently observing Silver in the early stages of a structural retest after a breakout from consolidation. This gives rise to two powerful scenarios: either a bullish continuation after structure confirmation or a deeper retracement if the structure fails.
🔍 Detailed Chart Explanation:
🔷 1. Volume Contraction Phase
The market spent multiple sessions forming a symmetrical wedge, visible by narrowing price movement and consistent lower highs and higher lows.
This was accompanied by declining volume, signaling accumulation/distribution by institutional players.
The wedge served as a liquidity trap, drawing in both early shorts and longs before the true direction was revealed.
✅ MMC Principle: Volume contraction often precedes major breakouts as market makers build positions quietly.
🔷 2. SR Interchange – Breakout Confirmation
Price finally broke above the upper trendline, triggering a bullish impulse and confirming SR interchange (resistance turned support).
This move was backed by a strong bullish candle, showing aggressive participation and institutional involvement.
📌 This breakout candle set the tone for a structural shift—transforming from sideways to upward momentum.
🔷 3. Rapid Expansion Toward Previous Target Zone
After the breakout, price accelerated directly into a previous high (target) zone marked in blue.
According to MMC, this zone often acts as a liquidity magnet, where late buyers enter and professional traders take profits.
A rejection wick formed right after touching this zone—classic smart money behavior, catching retail traders chasing the move.
✅ MMC Principle: Prior highs/lows are not just resistance—they're engineered targets for liquidity collection.
🔷 4. Target + Reversal Area
After the rejection, price declined back into the Target + Reversal Zone. This area aligns with MMC’s ideal structure for potential buy-side re-accumulation.
This zone is where previous volume imbalances occurred, meaning it is likely to act as support if the bullish trend is to continue.
📊 Current price is consolidating within this zone, suggesting a possible bullish continuation if structure holds.
🔷 5. Structure Mapping – The Key to MMC
The most recent price reaction highlights the importance of structure mapping: identifying areas where market logic aligns with trader behavior.
The bearish pullback into the structure zone may complete a retest, and traders are watching closely for bullish confirmation.
⚙️ Technical Summary:
Key Zone Description
Volume Contraction Signals accumulation before breakout.
SR Interchange Breakout level where resistance turned to support.
Previous Target Zone Liquidity pool, ideal for institutional exits or reversal.
Target + Reversal Zone Demand zone where the trend may resume if confirmed.
Structure Mapping Current phase; price is aligning into new bullish structure or preparing for drop.
🧭 What to Watch Next:
🔹 Scenario A – Bullish Case:
Price holds within the Target + Reversal Zone.
Confirmation via bullish engulfing candle or breakout of lower high.
Target: retest of 34.80+, then potential extension to 35.20.
🔹 Scenario B – Bearish Case:
Breakdown below structure base at 33.85–34.00.
Could lead to a deeper correction toward 33.40 or 32.80 (previous volume node).
📌 Volume + Structure = Decision Point. Next few candles are crucial for validating direction.
🛠 Strategy & Execution:
Approach: Wait for confirmation candles before entering. Avoid reacting impulsively within the structure zone.
Entry Idea:
Buy on bullish confirmation in the reversal zone.
Place stop below structure invalidation.
Target the top of the previous target zone or higher.
Risk Management: Use tight SLs below 33.85 and scale in only on confirmation.
📅 Timeframe: 1H
🔭 Sentiment: Cautiously Bullish
🎯 Technique: MMC Structure Mapping + Volume-Based Targeting
🧠 Final Thoughts:
This XAGUSD chart showcases the predictive power of MMC when applied correctly. By understanding where smart money operates, traders can improve accuracy, timing, and risk control.
📌 If you found this analysis helpful, like and follow for daily insights. Drop your thoughts in the comments—do you trade MMC-style setups?
Fundamental Market Analysis for June 3, 2025 GBPUSDThe GBP/USD pair attracted sellers during Tuesday's Asian session and broke part of a strong overnight move up towards the 1.3560 area, or multi-day peak.
The U.S. Dollar Index (DXY), which tracks the dollar against a basket of currencies, rebounded from a six-week low reached on Monday and proved to be a key factor putting downward pressure on the GBP/USD pair.
In addition, concerns over the deteriorating US fiscal situation and renewed trade tensions between the US and China should help limit USD gains. The British Pound (GBP), on the other hand, may continue to receive support from expectations that the Bank of England (BoE) will take a pause at its next meeting on June 18 and will not rush to cut interest rates further.
Traders may also prefer to wait for the hearing of the Bank of England's monetary policy report in Parliament. Investors will be closely watching comments from Bank of England Governor Andrew Bailey and other members of the Monetary Policy Committee (MPC) for information on the policy outlook, which in turn will influence the GBP exchange rate.
Trading recommendation: SELL 1.3495, SL 1.3595, TP 1.3295
BTCUSD Analysis Using MMC – Bearish Rejection & Target🔷 Introduction:
Bitcoin is showing classic Market Maker manipulation at work—volume compression, false breakouts, support-resistance flips, and a fading rally under a well-defined descending curve.
This post offers a deep dive into the true intentions of smart money behind recent price actions, helping traders avoid traps and align with institutional moves.
🔎 Detailed Breakdown of Chart Structure:
🧱 1. Volume Contraction Zone – The Calm Before the Storm
📅 Period: May 13–18
Price consolidates within a symmetrical triangle pattern.
Volume steadily decreases as price tightens – a sign that market makers are accumulating positions while keeping volatility low.
This low-volume phase creates uncertainty for retail traders, shaking out weak hands and building a base for a deceptive breakout.
🔍 MMC Insight: Market Makers reduce volatility to absorb liquidity without alerting the market to their accumulation. This builds energy for a manipulated move.
📌 2. False Breakout to Previous Target Zone (~$110,000)
📅 May 20–23
A sudden bullish impulse takes price to the previous target zone, marked as a key area of historical liquidity.
Retail traders enter late long positions at this stage, anticipating further breakout.
🎯 But instead:
Price swiftly rejects from this level, forming long upper wicks and bearish engulfing candles.
This move is a liquidity sweep, where smart money offloads positions to late buyers.
🔍 MMC Insight: Institutions engineer a breakout to bait traders, only to dump into the momentum they create.
🔁 3. SR Interchange (Support Flips to Resistance)
📅 May 27–June 2
Former support around $104,000 – $105,000 is broken and then retested from below.
Price attempts to reclaim it, but fails—each touch results in rejection.
This confirms the area has flipped to resistance, aligning with MMC’s SR Interchange Rule.
📉 Significance: This zone now acts as a control point where market makers defend short positions.
🚫 4. Candle Rejection Area – Curved Trendline Resistance
A visually defined curved resistance line caps each rally, suggesting consistent seller presence.
Recent candles show clear rejection wicks and small-bodied candles at this level—classic distribution behavior.
Market is compressing under this trendline, hinting at an imminent breakdown.
🔍 MMC Insight: Curved trendlines show passive sell pressure where institutions repeatedly cap price in preparation for a drive lower.
📉 5. Next Target & Volume Burst Area: $101,000 – $102,000
This zone is crucial due to:
Presence of imbalance (inefficiency) left from previous bullish moves.
Likely stop loss clusters from retail long traders.
Historical high-volume node suggesting pending revisit for order rebalancing.
🟨 Yellow Zone = Volume Burst Area: Expected to act as a magnet for price due to liquidity concentration.
🧠 Psychology of the Trap:
📈 Retail Bias: “Bullish triangle breakout means more upside.”
🧠 Institutional Plan: “Use that belief to create exit liquidity, then reverse.”
This is textbook MMC manipulation:
Contract volume to build positions.
Break out to bait liquidity.
Reverse at supply.
Sell into rejection zones.
Trap traders at SR flips.
Drive price to reclaim liquidity at lower targets.
📊 Strategy Plan:
🔻 Bearish Bias Setup:
Entry Zone: $105,200 – $106,000 (candle rejection area)
SL: Above $106,800 (above supply curve)
TP1: $103,000
TP2: $101,000
TP3 (optional): $99,000 for deeper flush
🔁 Flip Bullish if:
Price reclaims $107,000 with momentum and closes above the curve.
Watch for volume confirmation and bullish SMC patterns (e.g., BOS + FVG fill).
⚠️ Risk Management & Notes:
Trade with 1–2% max risk per position.
Let confirmations play out (don't preempt rejection).
Watch U.S. data releases this week (highlighted on chart) – potential volatility triggers.
📌 Conclusion:
Bitcoin’s current behavior is a masterclass in market structure manipulation. Understanding MMC lets us:
Avoid false breakouts
Align with institutional intentions
Trade with probability, not emotion
Expect lower prices unless $106,800 is cleanly broken. The path of least resistance currently points downward toward liquidity zones.
WAVE 3 PEAK OR SETUP FOR A NEW RALLY? XAUUSD PLAN – JUNE 3RD | WAVE 3 PEAK OR SETUP FOR A NEW RALLY?
After a massive $100 rally at the start of the week, gold has begun to pull back — dropping over $30 during the Asia session today. This is likely the end of Wave 3 (the strongest impulse in a 5-wave Elliott structure), as investors lock in profits and await key macro events.
🌍 MACRO & FUNDAMENTAL CONTEXT
A high-stakes call between Trump and Xi Jinping is expected this week, which could reshape short-term trade sentiment.
Investors are moving into cash positions, taking profits after Monday’s surge, and waiting for direction from the upcoming US-China negotiations.
Macro themes remain supportive for volatility: tariff risks, inflation worries, and geopolitical uncertainty.
📉 TECHNICAL OUTLOOK – H2 / H4 / D1
On the higher timeframes (H4 and D1), gold maintains a bullish structure, with EMAs aligned for upside continuation.
On intraday charts (M30–H1), we’re seeing a clean correction, likely to fill the Fair Value Gap (FVG) zone below.
The key BUY zone at 3320–3310 will decide direction:
If it holds: strong long setups.
If it breaks: possible structure shift and deeper downside.
🔑 KEY LEVELS TO WATCH
🟢 BUY ZONE: 3320 – 3318
SL: 3314
TP: 3324 → 3328 → 3332 → 3336 → 3340 → 3344 → 3350 → 3360 → ???
🔴 SELL ZONE: 3388 – 3390
SL: 3394
TP: 3384 → 3380 → 3376 → 3370 → 3366 → 3360 → 3350
📌 FINAL THOUGHTS
“Gold is in a healthy correction after a massive surge. The 3310–3320 zone is crucial. Hold it, and bulls may take over again — break it, and we may see a deeper pullback."
⚠️ Stay cautious ahead of political headlines. Any remarks from the Trump–Xi call could spark aggressive price action.
XAUUSD - Will Gold Hold $3,300?!Gold is trading above the EMA200 and EMA50 on the 1-hour timeframe and is trading in its ascending channel. If gold corrects towards the two demand areas, it can be bought with a risk-adjusted reward.
Following a tense market open yesterday, driven by escalating military tensions between Russia and Ukraine, the two sides concluded their negotiations in Istanbul. According to an Axios correspondent, Russia presented Ukraine with a formal peace proposal during the talks, outlining terms for a ceasefire and an end to the conflict.
Interfax reported that Russia issued an official memorandum listing its proposed conditions for achieving a ceasefire.
Key points in the document include:
• A full withdrawal of Ukrainian military forces from territories currently under Russian control, including Donetsk, Luhansk, Zaporizhzhia, and Kherson.
• The complete removal of all existing economic sanctions and a mutual agreement to refrain from introducing new sanctions.
• A proposal to reestablish economic relations, including the resumption of natural gas transit through Ukraine.
• A demand for Ukraine to reduce its military personnel and weaponry, along with explicit guarantees of its non-nuclear status and a strict ban on deploying any nuclear arms on its territory.
• The memorandum also calls for the termination of general military mobilization in Ukraine and the initiation of a demobilization process as part of the path toward a ceasefire.
On the other side, Ukrainian President Volodymyr Zelensky announced that Kyiv and Moscow have agreed to a prisoner exchange involving 1,000 soldiers from each side. This exchange includes an additional 200 individuals per side compared to previous agreements. Zelensky described the deal as “another step in the right direction,” and noted that the lists of detainees would be exchanged between the countries later this week.
In U.S. economic news, the latest update from the Atlanta Federal Reserve’s GDPNow model forecasts a 4.6% annualized growth rate for real GDP in the second quarter of 2025. This is an upward revision from the previous estimate of 3.8% released on May 30. The revision followed new data releases from the U.S. Census Bureau and the ISM. In particular, personal consumption growth was raised from 3.3% to 4.0%, while private domestic investment was adjusted from –1.4% to +0.5%.
On the trade front, according to a draft letter obtained by Reuters, the Trump administration has urged participating countries to submit their best trade proposals by Wednesday. The goal is to accelerate talks with multiple partners ahead of a five-week deadline.
This draft, issued by the Office of the United States Trade Representative, provides a glimpse into how President Trump plans to wrap up complex trade negotiations with dozens of nations. These negotiations began on April 9, when he temporarily suspended his “Freedom Day” tariffs for 90 days—until July 8—following turmoil across equity, bond, and currency markets in response to the broad scope of the tariffs.
According to the draft, the U.S. is asking countries to submit top-tier offers across key areas, including tariff and quota proposals for importing American industrial and agricultural products, as well as plans to remove non-tariff barriers.
Stuart Jenkins from Goldman Sachs stated that elevated tariffs on steel and aluminum have likely contributed to a weakening of the U.S. dollar. On Friday, President Trump announced that these tariffs would double starting Wednesday, reaching 50%. Although metals represent a relatively small portion of U.S. imports and the broader impact may be limited, Jenkins noted that this move illustrates the administration’s continued ability to impose tariffs, even in the face of potential legal challenges.
Meta Platforms (META) Shares Surge Over 3% in a DayMeta Platforms (META) Shares Surge Over 3% in a Day
Shares of American tech giant Meta Platforms (META) rose approximately 3.6% yesterday, continuing their upward trend after gaining about 18% in May.
Why Is META Stock Rising?
Reports emerged yesterday that the company plans to fully automate the ad creation process using artificial intelligence.
According to the Wall Street Journal, Meta Platforms (META) is developing a system that will allow ads to be fully created and targeted using artificial intelligence tools by the end of next year.
How Could AI-Based Social Media Advertising Work?
A brand provides a product image and budget, and Meta’s AI then:
→ generates ads that include images, videos, and text;
→ identifies the target audience across Instagram and Facebook (with a combined audience of over 3 billion users);
→ enables advertisers to personalise ads so that users see different versions of the same ad in real-time, based on factors like geolocation.
Technical Analysis of META Chart
From a bearish perspective:
→ the price has reached a line that previously acted as support but has now shown signs of becoming resistance (as indicated by arrows);
→ the round $700 level is seen as a psychological barrier, which the price failed to break above in February.
From a bullish perspective, a key support zone lies between the psychological level of $600 and the upper boundary of the bullish gap from 12th May around $622.
It’s worth noting that META's stock rally is underpinned by strong fundamentals:
→ the latest earnings report exceeded analysts’ expectations;
→ optimistic revenue forecasts through the end of the year;
→ hopes that trade wars will have minimal impact on social media platforms.
Therefore, it’s reasonable to assume that buyers may retain control and push towards new all-time highs above $700.
This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
XAUUSD – Long-Term Buy Zones Mapped Here’s my gold map, I’m aligning both fundamentals and price action into a flexible plan:
Long-Term Buy Zones (Yellow Circles)
Watching the 3,356 - 3350 area (short-term support & structure flip)
Below that, FVG zone around 3,330–3,325 is a high-probability liquidity pocket if we dip deeper
These are my long entries for the bigger picture based on macro conditions + breakout structure
Short-Term View: Riding the Waves
Currently scalping short-term trend with intraday entries
Already caught a nice sell this morning from the short-term top
Will keep scalping until price taps my larger buy zones
I let the market decide where to give me the best reward-to-risk. Fundamentals support upside, but I’ll respect short-term trends until the right moment comes to reload long.
Let’s see how gold reacts : plan the trade, wait for confirmation, execute with conviction.
Gold Market Opens June With Bullish Gap Toward 3360’sGold market opens the 1st week of June with a strong gap from last week’s close at 3288, pushing toward the 3360’s zone. This move aligns with the projected wedge completion from a bearish channel breakout, signaling strong bullish continuation potential early in the month. follow for more insights , comment and boost idea
Gold Market Pulls Back After Mitigating 3360–3380 ZoneGold market mitigates the 3360–3380 zone , triggering a daily pullback aimed at clearing imbalance left at 3357. This move sets the stage for the next directional play as the market recalibrates follow for more insights , comment , and boost idea