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Gold (XAU/USD) is currently showing signs of a bullish continuation after undergoing a recent price correction. The potential for further upside is supported by a confirmed bullish candlestick formation along with the presence of a double bottom pattern, which signals a likely upward reversal. As long as the price stays above the support zone, the […]
In the global financial landscape, gold isn’t just a symbol of wealth—it’s a trusted investment instrument. One of the most modern and accessible ways to invest in gold is by trading XAUUSD, the currency pair that represents the price of gold against the US dollar. But how does trading XAUUSD actually work, and why has […]
The latest U.S. retail sales data presents a nuanced outlook that investors should not overlook. While headline figures show a decline, core retail activity remains surprisingly resilient. So, what does this mean for the market, and how should investors respond? Overview: Surface Weakness, Core Strength Monthly retail sales (MoM) recorded a decline of -0.6%, falling […]
The GBP/JPY currency pair is currently showing a bearish bias, with a strong potential for further downside. This bearish outlook is confirmed by the formation of a double top pattern—one of the most common technical signals for a trend reversal. Additionally, the shift in trendline direction from a previous uptrend to a downward movement strengthens […]
Despite trade and geopolitical uncertainties, fundamental data remains strong Key Highlights: Stable Economic Growth Despite a Q1 slowdown in U.S. gross domestic product (GDP) due to a sharp inventory buildup, the economy is projected to grow above 3% in Q2, driven by strong household consumption, expected to grow around 1.7% annually. While consumer sentiment surveys […]
In the ever-evolving precious metals market, a compelling trend has begun to emerge: are investors starting to shift their focus from gold to “white metals” like platinum and silver? Gold prices, which have been consolidating since reaching a record high of $3,500 per ounce in late April, have remained stable despite fluctuating U.S. tariff policies […]
The EUR/AUD currency pair is currently showing signs of further downside movement. The prevailing trend remains bearish, as indicated by the downward-sloping trendline, with no significant signals of a reversal to the upside. This bearish outlook is further supported by the formation of a double top and a swing high, both of which are classic […]
Global financial markets have recently been challenged by a series of events that are testing investor resilience and perception. Israel’s strike on Iran and the threat of escalating conflict appear to be key catalysts, but the market’s reaction to this event has not entirely aligned with traditional expectations. This has sparked debate over a potential […]
Tensions Rise: Global Markets Face a Week of High Uncertainty As global markets prepare to open on Sunday evening U.S. time, a tense atmosphere hangs over investors. Multiple major risk factors are currently at play — from escalating military conflict in the Middle East to growing political instability in the United States. These overlapping issues […]
Maxco strives to meet clients’ needs by continuously developing Maxco applications. With this application, users can make transactions on the global market anytime and anywhere. In the Maxco Top Trader Report, you can see the weekly reports of traders at Maxco. This report helps you to get information about trading at Maxco. Congratulations to the trader who achieved […]
