Share: Gold price regains positive traction and remains within the striking distance of a one-month top. Expectations that the Federal Reserve is down with its rate-hiking cycle underpin the XAU/USD. A positive risk tone might hold back bulls from placing aggressive bets and cap any further gains. Gold price attracts fresh buying on
Share: Silver Price struggles with the key upside hurdle at monthly high. Descending resistance line from early May challenges XAG/USD bulls amid nearly overbought RSI (14) line. Clear upside break of four-month-old horizontal resistance area, bullish MACD signals favor Silver buyers. 100-DMA, key Fibonacci retracement levels can prod XAG/USD pullback. Silver Price (XAG/USD)
Share: Oil (WTI) sees a boost in its price with hurricane Adalia and OPEC+ production cuts. US Dollar strength tops out and could start to abate as risk-on sentiment slows demand for the Greenback. This evening the American Petroleum Institute is due to print its weekly numbers. Oil prices are moving higher this
Share: Considering advanced prints from CME Group for crude oil futures markets, open interest increased for the third consecutive session on Monday, now by around 1.4K contracts. Volume, instead, nearly halved from the previous day and dropped by around 431.3K contracts. WTI appears consolidative around $80.00 Price action around WTI gyrated around the
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any
Share: WTI crude oil prints three-day winning streak to poke yearly high marked in April, sticks to daily gains of late. OPEC+ production cuts join price-positive statements from Saud Arabia, Russia to underpin Oil price run-up. Hopes of easy rates, China stimulus and US Dollar’s pullback add strength to WTI run-up. This week’s