About: pumarketings
Recent Posts by pumarketings
Chart the Market (05/09/2025)
ETH, H4: Ethereum has retreated from its recent bullish breakout, erasing earlier gains that followed a move above both its descending trendline resistance and a descending triangle pattern. The failure to sustain upward momentum has brought the cryptocurrency back to a critical technical level at the $4,275 support zone. A decisive break below this levelContinue Reading
Oil Prices Reverse Gains After Surprise U.S. Inventory Build; OPEC+ Supply Decision in Focus
Key Takeaways: *U.S. crude inventories rose by 600,000 barrels vs. expectations for a 3.4M draw, fueling fresh demand concerns. *Tariff-driven global slowdown and fragile U.S. consumption outlook weigh further on oil sentiment. *Markets eye this weekend’s meeting, where a potential 1M+ bpd supply hike could add to downside pressure. Market Summary: Oil prices retreated fromContinue Reading
Gold Extends Rally to Record Highs on Debt Fears, Dovish Fed Outlook
Key Takeaways: *Gold broke above $3,500/oz, fueled by safe-haven demand amid global bond selloffs and rising fiscal sustainability concerns. *Softer U.S. labor data reinforced expectations of a September Fed rate cut, weakening the dollar and boosting gold’s appeal. *Fiscal worries and monetary easing keep upside risks intact, with U.S. payrolls data seen as the nextContinue Reading
