XAU/USD climbs back to $1,945 amid bets for Fed rate-hike pause

[ad_1] 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

Natural Gas rally fades as strike concerns abate and supply rises

[ad_1] Share: Natural Gas could fall as demand remains tepid and stockpiles high.  The US Dollar is taking a step back with weak US data ahead of the jobs report.  Expect a sideways to lower gas price as supply starts to build with less demand. Natural Gas could be retreating from its peak print in

XAG/USD bulls need validation from $24.80 and US data

[ad_1] 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

Further consolidation in the pipeline

[ad_1] 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

United States CFTC Oil NC Net Positions down to 234.4K from previous 242.1K

[ad_1] 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

United States CFTC Oil NC Net Positions declined to 242.1K from previous 255.9K

[ad_1] 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