


Pipsey_hustle
Gold prices surged today, driven by a mix of escalating geopolitical risks and supportive macroeconomic conditions. Renewed violence in the Middle East—particularly Israeli airstrikes on Gaza—has triggered increased safe-haven demand. At the same time, global trade uncertainty is mounting following former President Trump's reintroduction of 25% tariffs on steel...
The Reserve Bank of India (RBI) increased its gold reserves to 879.59 tonnes in FY25, the central bank said in its annual report released on May 29. The country’s gold reserves were at 854.73 tonnes in September 2024. The surge in reserves has been attributed to a combination of fresh purchases of 54.13 tonnes, a 30 percent increase in gold prices, and the...
Gold broke above a key support zone @3266, causing a market structure shift... We expect more bullish momentum to target 3369 where there's a 2hr FVG overlapped with a Bearish Order Block, where we shall expect to see a fade in the bullish momentum for a bearish correction .. This is purely for educational purposes and not a financial advice, be sure to manage...
📈 Most Likely Probability: Neutral-to-Slightly Bullish Bias 🔍 Supporting Fundamentals: Stronger-than-expected NFP: Suggests economic resilience → supports dollar strength. Fed holding rates steady (but no dovish pivot): Keeps real yields relatively attractive → supports demand for USD. Tariff/trade calm: Reduces tail risk, but also reduces safe-haven flow →...
Will gold keep pushing Lower? It Seems to be respecting the higher timeframe(1w) CRT bias.... Only one way to find out...
EURUSD has been hinting on bearish momentum with formation of CRT on the weekly timeframe followed by a bearish week prise close...