Tag: Commodity trading
Gold Price Outlook: Weekly Gain of Over 2% Despite Falling from Daily Highs
Gold prices experienced a rollercoaster ride this week, hitting a high of $2,477 before dropping to $2,430, marking a 0.60% decline in value. This...
Understanding the Impact of Global Macro Flows on Recent Oil Price Trends
Energy markets are currently experiencing a situation where the rise in oil prices is not reflecting a significant increase in supply risk premia, according...
Gold Price Outlook: Building on Steady Intraday Ascent, Eyes US Inflation Data
Gold prices have been on the rise for the past three days, although the bullish momentum seems to be lacking. This increase in price...
Crude Oil Technical Analysis: Key Breakout Boosts Bullish Momentum
Crude oil prices have been on the rise after surpassing the crucial $80 resistance level, driven by various positive factors in the market. The...
Gold Prices Decline as Strong US Yields Boost US Dollar
Gold prices took a hit on Wednesday as the US Dollar strengthened, driven by the surge in US Treasury yields, ahead of the upcoming...
Gold Price Drops to One-Week Low as Fed Turns Hawkish, US Data in Focus
Gold price has been on a downward trend for the past two days, hitting a one-week low during the Asian session on Wednesday. This...
Crude Oil Resilience: TDS Analysis and Outlook
Crude Oil has shown its resilience once again, with inventory draws providing some support to the market, according to TDS strategists. Despite this strength,...
Gold Price Consolidates Above $2,300: Analysis and Forecast
Gold prices are holding steady above $2,300 as uncertainty looms around the Federal Reserve's rate-cut decisions. The Fed's recent hawkish outlook has led to...
Oil Prices Struggle to Reach $80 Amid Strong Resistance
Oil prices have been experiencing some fluctuations recently, with no major news driving prices up. Traders are closely monitoring how the shift towards Electric...