Weekly Forex Analysis May 22 – 26 – Navigating Gold and US Indices: Forecasts and Insights for 2023
The US stock market is expected to demonstrate limited movement throughout the remainder of 2023 The trading rooms are the opportunity to trade together with our traders! The rooms are available for all traders four times a week. In the trading rooms, we will all interact, scan and analyze the markets, trade, ask questions to […] The post Weekly Forex Analysis May 22 – 26 – Navigating Gold and US Indices: Forecasts and Insights for 2023 appeared first on The5ers | Funding Traders & Growth Program.
The US stock market is expected to demonstrate limited movement throughout the remainder of 2023
The trading rooms are the opportunity to trade together with our traders!
The rooms are available for all traders four times a week.
In the trading rooms, we will all interact, scan and analyze the markets, trade, ask questions to each other, and share market visions and trading opportunities.
In today’s trading room, we analyzed the current trends in Gold and the US Indices during our discussion. It was observed that Gold has recently experienced an overextension and has been unable to establish a new high. As a result, it is anticipated that Gold will continue to decline in the coming weeks.
The US stock market is expected to demonstrate limited movement throughout the remainder of 2023. The market has been characterized by a range-bound behavior, primarily due to prevailing uncertainty.
In terms of the EURUSD currency pair, it is currently trading within the standard range observed in recent years.
Furthermore, Ruben executed a short scalp trade on the SP500 at market opening.
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The post Weekly Forex Analysis May 22 – 26 – Navigating Gold and US Indices: Forecasts and Insights for 2023 appeared first on The5ers | Funding Traders & Growth Program.
