US SPX 500: Bulls Getting Lethargic, and At Risk of a Minor Corrective Decline

Markets Elections for the European Parliament this time didn’t pass unnoticed on European markets. They clearly left investors with quite a degree of unease. The ‘gamble’ of French President Macron to call snap elections in an attempt to block the ascent of the far-right Rassemblement National (RN) illustrates the difficulties of center parties to politically […]

Gold’s uptrend hits a snag; 2024 characterized by consolidation phase But ingredients for a rally are still there Geopolitical risks and Fed rate cuts hold key to rekindling the bulls Scaling new heights as world goes from crisis to crisis Since 2020, the world has been stumbling from one crisis onto another, creating the perfect […]

Gold price fell around 2% on Monday as safe haven demand faded on calmer tones from the Middle East, which ease fears for conflict escalation. Traders partially collected profits after gold repeatedly failed to sustain gains above psychological $2400 level and bull-trap pattern is forming on daily chart. Fresh bears pressure the first pivots at […]