GOLD MARKET ANALYSIS Last Friday (June 7), gold prices fell sharply. Spot gold fell about 3% throughout the day, closing at $2,292.70/ounce, and the lowest intraday price was $2,286.50/ounce, a plunge of $100. Last Friday, gold suffered a sharp...
USDCAD H4 The USDCAD pair appears to have entered a bullish trend condition because the EMA 50 successfully crossed SMA 200 perfectly. Apart from that, the crossing of the two Moving Average lines also gave rise to a death cross signal. Most likely...
The British pound took a hit on Tuesday after weak UK employment data triggered a sell-off. The pound (GBP) specifically weakened against the US dollar (USD), with the GBP/USD pair falling below 1.2740 during the London session. This decline stemmed...
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The price of West Texas Intermediate crude oil (WTI) is teetering around $77.50 a barrel, caught in a tug-of-war between expectations of rising summer demand and worries about slowing economic growth. On the bullish side, analysts at Gilber ...