Gold prices retreat as Trump confirms a “very good call” with Xi

Gold prices ease after US President Trump confirmed that he had a “very good call” with President Xi. Positive developments and renewed hopes for a de-escalation of trade tensions have resulted in a pullback in Gold prices. Gold prices remain above the $3,350 psychological level ahead of Friday’s important release of US Nonfarm Payrolls (NFP). Gold prices are holding…

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Technical Analysis of US Crude, XAUUSD, and EURUSD for Today (June 5, 2025)

2025.06.05 2025.06.05 Short-Term Analysis for Oil, Gold, and EURUSD for 05.06.2025 Alex Rodiоnovhttps://www.litefinance.org/blog/authors/alex-rodionov/ I welcome my fellow traders! I have made a price forecast for USCrude, XAUUSD, and EURUSD using a combination of margin zones methodology and technical analysis. Based on the market analysis, I suggest entry signals for intraday traders. Oil continues to trade in a short-term uptrend. The…

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Daily Broad Market Recap – June 4, 2025

Markets swung wildly on Wednesday as weak U.S. data fueled Fed rate cut hopes, sinking bond yields while boosting gold. Stocks closed mixed, oil slid despite falling inventories, and the dollar closed lower across the board. Here are headlines you may have missed in the last trading sessions! Headlines: Japan Jibun Bank Services PMI Final for May 2025: 51.0…

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Canada April trade balance -7.14 billion vs -1.50 billion expected

High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not invest money that you…

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Gold Prepares for Bull Run After Short Breather. Forecast as of 05.06.2025

2025.06.05 2025.06.05 Gold Prepares for Bull Run After Short Breather. Forecast as of 05.06.2025 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ Since the end of April, gold has remained in a state of consolidation. Investors believe that trade wars have begun to subside. In this case, the monetary policy and the slowdown in the US economy have provided a favorable environment for XAUUSD quotes….

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Chart Art: EUR/AUD Is Testing a Key Short-Term Trend Support!

EUR/AUD is consolidating around a key area of interest ahead of potentially major catalysts. Think the pair is in a position to extend a weeks-long uptrend? We’re taking a closer look at the 4-hour time frame! EUR/AUD 4-hour Forex Chart by TradingView The European Central Bank (ECB) is widely expected to cut interest rates by 25 basis points this…

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Majority of UK firms see no material impact from US trade policy changes – BOE survey

High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not invest money that you…

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US Dollar Edges Lower on Weak Data and Trade Uncertainties. Forecast as of 05.06.2025

2025.06.05 2025.06.05 US Dollar Edges Lower on Weak Data and Trade Uncertainties. Forecast as of 05.06.2025 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ The discordant signals from the US, the EU, and China regarding trade conflicts are compelling investors to turn to other, more understandable factors. Primarily, they focus on monetary policy. Let’s discuss this topic and make a trading plan for the EURUSD…

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