Gold’s dead-cat bounce is impressive — up nearly 6% from Wednesday’s low of 4,046 to Monday’s close of 4,352. But is it a bottom? The honest answer is that bottoms are only visible in hindsight, and June bounces in gold have a history of disappointing the first wave of dip-buyers. What we can do is […]
It’s been one of those weeks where the most honest market commentary is a shrug. EUR/USD drifted from 1.1528 to close at 1.1576 — a modest recovery, but within the context of a downtrend it changes nothing. USD/JPY eased from 160.18 to 159.96, pausing after its four-week charge. GBP/USD ground out a 120-pip recovery to […]
Gold’s decline to the low 4,100s has produced a familiar chorus: “the fundamentals are still bullish!” Maybe. But if you can’t tell the difference between a fundamental repricing and forced liquidation, you’re flying blind — so let’s walk through it. Sign one: who’s selling In a fundamental repricing, the sellers are long-term holders changing their […]
The June crypto selloff has become a rout. Bitcoin has fallen from $71,320 at the start of June to the mid-$60,000s — a decline of roughly 8% in seven sessions and 20% from the May peak of $82,792. Ethereum and the large-caps have fared worse, and the altcoin complex is showing the kind of drawdowns […]
EUR/USD opened the week at 1.1528 and has crawled back to 1.1536, holding the 1.15 handle after last week’s slide. The question every euro-watcher is asking: is this a genuine bottom, or just the pause before the next leg down? The bull case 1.1515 is now a tested level — the pair bounced there in […]