Silver extends its descent for the third successive day and drops to over a one-week low. The technical setup now favors bearish traders and supports prospects...
Gold price picks up bids to justify the bullish technical formation. US Dollar’s failure to keep late Wednesday’s rebound adds strength to the XAU/USD rebound. US...
Discover Financial Services beat Q4 earnings on the top and bottom lines. Both Alcoa and Kinder Morgan offered up mixed results. The Producer Price Index fell...
Open interest in gold futures markets reversed the recent uptrend and shrank by around 3.5K contracts on Tuesday according to preliminary readings from CME Group. Volume...
Silver attempts a modest recovery from the weekly low touched earlier this Wednesday. Mixed oscillators setup warrants some caution before placing aggressive directional bets. A convincing...
WTI bears are holding the fort at $81.00 which guards the key structure of $83.30. While below resistance, there are prospects of a move lower into...
Gold prices fall after printing a doji on Monday, aiming towards $1900. The New York Empire State Manufacturing Index plummeted, increasing expectations for a Fed pivot....
Silver ticks down on Tuesday, though lacks any follow-through selling. The setup still favors bulls and supports prospects for additional gains. A break below the $23.40-35...
The WTI M-formation is in play in a thin choppy trade on Monday. Daily chart parameters keep the price stuck in a range, testing daily trendline...
Gold price catches fresh bids on Thursday and climbs back closer to a multi-month peak. Bets for the less aggressive Federal Reserve continues to lend some...
Gold price will remain firmer around the highest levels since May 2022. Resistance-turned-support from mid-November, upbeat China CPI put a floor under XAU/USD price. Downbeat market...
Silver price remains depressed below 200-HMA, prints three-day downtrend. Bullish MACD signals, steady RSI can defend buyers around short-term key support. Buyers need validation from $24.00...
WTI bulls pullback in Asia, but themes are upbeat as China reopens borders. China issued a fresh batch of import quotas, a signal that the world’s...
Silver struggles to capitalize on its modest intraday gains beyond the $24.00 mark. The technical set-up favors bullish traders and supports prospects for further gains. A...
WTI remains on the front foot around intraday highs. China reopening, PBOC’s Shuqing propel expectations of higher energy demand. US data triggers economic slowdown fears, weighs...
Silver struggles to gain any meaningful traction on Thursday and remains below the $24.00 mark. The overnight break below two-month-old ascending trend-line support favors bearish traders....
Gold price turns south after facing rejection at the $1,850 key level. The US Dollar rebound gathers steam in the European session. Sell-off in the US...
Here is what you need to know on Tuesday, January 3: With trading conditions finally normalizing following the New Year holiday, investors seem to have adopted...
Gold price challenges six-month highs in a cautious start to 2023. US Dollar rebounds amid tepid sentiment as S&P 500 futures drop. Gold price awaits acceptance...
Here is what you need to know on Monday, January 2: Major currency pairs remained stuck near Friday’s closing levels on Monday amid thin trading conditions....