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| Gold V.1.3.1 signal Telegram Channel (English) |
Today, May 28, 2026, investors weigh a potential funding deal with the Trump administration against ambitious revenue targets and fresh integration risks.
Over the past three trading days, AUDUSD has shown a robust rebound, closing yesterday at 0.71632, slightly above the day’s open of 0.7141. Market sentiment has been buoyed by hopeful developments in Middle East peace talks despite softer Australian jobs data. The Reserve Bank of Australia’s hawkish tone continues to underpin the Australian dollar, supporting an upward trend. Technically, the pair remains above critical moving averages, indicating sustained bullish momentum. Traders should watch upcoming Australian private sector credit data and US economic releases for potential catalysts that could steer the currency pair’s next moves.
The S&P 500 and Nasdaq notched more record highs on the stock market Thursday on Iran deal hopes. Tesla and First Solar are near buy zones.
U.S. and Iranian negotiators agreed on a 60-day memorandum of understanding to extend the ceasefire, media reports suggested.
Across Wall Street, investors are assuming that a credible and lasting deal between the U.S. and Iran would be an unmitigated positive for stocks and other risky assets.
Administration officials promise that his policies will put the economy on better footing in the future, but its present state could cost the GOP control of Congress. Source: politico.com
Gold prices rebounded sharply after weak GDP data and support at the 200-day moving average revived bullish XAUUSD sentiment.
Over the past three trading days, XAUUSD (Gold) exhibited significant volatility, rebounding from a two-month low to close at 4495.765 USD. The recent price action was driven by weaker than expected US GDP data, which revitalized bullish sentiment as the 200-day moving average (MA) provided key support. While a stronger dollar and higher yields exerted pressure, hopeful geopolitical developments and easing inflation fears gave gold a short-term boost. For the average investor, this movement highlights how fundamental economic data and geopolitical events directly impact gold prices, reinforcing gold’s role as a safe haven in uncertain times.
Still down 20% year to date, could Palantir be poised for a stronger rebound?
A lot of people use the Vanguard S&P 500 ETF (VOO) as their core portfolio holding. I prefer the ETF that’s a little more expansive.
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| Gold V.1.3.1 signal Telegram Channel (English) |