About: pumarketings
Recent Posts by pumarketings
Gold Advances on US Debt Worries, Risks in Russia-Ukraine
Key Takeaways: *Gold rallies as investors seek refuge amid rising US debt and credit downgrade. *Russian missile and drone attacks escalate in Russia-Ukraine, undermining ceasefire hopes. Market Summary: Gold prices rose on Tuesday, buoyed by safe-haven flows as investors grew increasingly nervous over US fiscal uncertainty and a resurgence in geopolitical risk stemming from renewedContinue Reading
Dollar Index Weakens as Fiscal Uncertainty Weighs on Investor Confidence
Key Takeaways: *US credit outlook pressures the dollar amid rising debt concerns. *Dollar Index (DXY) nears oversold zone; key support seen at 98.90. Fundamental Analysis The US dollar came under renewed pressure on Tuesday as concerns over the country’s fiscal sustainability overshadowed investor sentiment. The Dollar Index (DXY), which tracks the greenback against six majorContinue Reading
Chart the Market (23/05/2025)
ETH/USD, H4: Ethereum (ETH) is staging a strong recovery, extending gains following a brief technical retracement. The cryptocurrency is now testing a critical resistance level near $2,700—its recent high—with a decisive breakout poised to reinforce the bullish trajectory. ETH is trading comfortably above both its short-term and long-term moving averages, signaling broad-based strength. The breakoutContinue Reading
