ONTRADE Forex
Detailed Gold Analysis – Monday, May 5, 2025

Detailed Gold Analysis – Monday, May 5, 2025

Introduction: Gold Analysis continues its bullish momentum for the fourth consecutive day, extending its gains and stabilizing at $3285.74, reflecting active buying above key technical zones. With solid resistance levels overhead and firm support beneath, traders are treating this phase as an opportunity to rebalance positions and plan scenarios based on logical liquidity pockets above…

Read More
Chillin’ with the Dow Jones (DJIA) Tech & Basics Breakdown 26-3-

Chillin’ with the Dow Jones (DJIA) Tech & Basics Breakdown 26-3-

The Dow Jones Industrial Average (DJIA) is at a critical inflection point today, caught between bullish economic data and hawkish Federal Reserve signals. As one of the world’s most-watched equity benchmarks, its movements reflect: 1️⃣ Macro Forces: Today’s surge in U.S. durable goods orders (+3.1% vs. -1% forecast) underscores resilient industrial demand.2️⃣ Technical Tensions: Price hovers near resistance at 42,768 (R1) while RSI flirts with overbought…

Read More