The $122 Question: Is the Oil Rally Dying or Just Breathing? π’οΈ
Swipe through for our weekly forecast (May 4β10, 26) as we break down the 3 key indicators for WTI Crude. From major resistance at $110 to critical support zones, get the technical edge you need.
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Legacy in Numbers: +1,932% π
From 2011 to 2026, Tim Cook led Apple through its most profitable era in history. With the news of him stepping down as CEO, we look back at a tenure that saw stock value increase nearly 20x.
How will the markets react to this leadership shift?
Jamie Dimon said the ongoing Iran war could push inflation higher and put additional pressure on global financial markets. He warned that rising oil and commodity prices caused by geopolitical tensions may lead to persistent inflation and force interest rates higher than current expectations. Higher interest rates could reduce asset prices and weaken market sentiment, increasing the risk of a broader market downturn if inflation continues to rise. These concerns come as global markets remain sensitive to energy supply disruptions and geopolitical instability, which are already influencing economic outlook and investor confidence.
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Is gold ready to move? π
This weekβs XAU/USD outlook breaks down the key zones, indicators, and major events that could shake the market.
Donβt trade blind.
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