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Monthly Archives: May 2025

Chart the Market (06/05/2025)

Written on May 7, 2025 at 7:09 am, by

XAUUSD Gold posted a structural breakout after surging above the critical $3,275 level, gaining over 2% and reinforcing a bullish bias. The precious metal found firm support near its long-term uptrend base around $3,200, indicating the broader bullish trajectory remains intact. Momentum indicators point to further upside, with the RSI climbing toward overbought territory andContinue Reading

Chart the Market (05/05/2025)

Written on May 7, 2025 at 7:08 am, by

Hang Seng Index:  The Hang Seng Index is trading higher and approaching a critical resistance zone. The MACD shows strengthening bullish momentum, while the RSI stands at 57, indicating a tilt toward bullish bias as it continues to stay above the midline. From a technical pattern perspective, there’s potential for a double top formation. ToContinue Reading

Chart the Market (05/05/2025)

Written on May 7, 2025 at 7:06 am, by

NASDAQ, Daily  The Nasdaq index is trading higher, extending its rebound from the strong support level at 17,105.00, driven in part by renewed trade optimism. The index is currently testing a critical resistance level at 20,255.00. Technically, MACD indicates growing bullish momentum, while the RSI is at 59, suggesting the bullish bias may continue asContinue Reading

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