GOLD Technical Analysis: Weekly Chart In the weekly charts, GOLD is trading in a downward channel. It is trading below all SMAs: MA (20), MA (50), and MA (100). RSI is in selling zone which indicates bearishness. MACD is currently trading below zero which indicates bearishness. The immediate support...
GOLD Technical Analysis: Weekly Chart In the weekly charts, GOLD is trading in an upward channel. It is trading below all SMAs: MA (20), MA (50), and MA (100). RSI is in selling zone which indicates bearishness. MACD is currently trading below zero which indicates bearishness. The immediate support...
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GOLD Technical Analysis: Weekly Chart In the weekly charts, GOLD is trading in an upward channel. It is trading below MA (20) but above MA (50) and MA (100). RSI is in selling zone which indicates bearishness. MACD is currently trading above zero which indicates bullishness. The immediate support...
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Goldwas trading 1.50%up at $1,937.35 Gold rose on Thursday after the U.S. Federal Reserve’s first interest rate hike in three years bore no surprises, with gains underpinned by a drop in the dollar and U.S. Treasury yields. Spot gold advanced 0.8% to $1,942.61 per ounce by 1023 GMT, having...
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Brent Crude was trading up 4.84% at $98.75 Oil prices surged on Tuesday as concerns over supply disruptions after Russia’s invasion of Ukraine and related sanctions outweighed talks of a coordinated global crude stocks release. May Brent crude futures were up $4.02, or 4.01%, to $101.99 a barrel by...
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Brent Crude was trading up 6.95% at $100.59 Global commodity prices jumped towards multi-year highs on Thursday as Russia launched a full scale invasion of Ukraine, with prices responding in knee-jerk fashion despite steady export flows of Russian oil, gas, grains and metals to the West. Oil prices rose...
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Brent Oil was trading 0.84%up at $86.18. Oil expenses bounced again on Tuesday, convalescing a number of the preceding day’s losses, as developing anxiety in Eastern Europe and the Middle East fuelled issues over feasible deliver disruptions in an already tight market. Brent crude futures rose $1.21, or 1.five%,...
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Brent Oil was trading 0.84% upat $85.06. Oil prices rose on Tuesday as a supply crunch in natural gas, electricity and coal continued across the globe while falling temperatures in China revived concerns over whether the world’s biggest energy consumer can meet domestic demand for heating. The Brent Crude...
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Brent Oil was trading 0.46% up at $82.42. Oil prices rose on Friday, and were on track for gains of nearly 5% this week, on signs some industries have begun switching fuel from high-priced gas to oil and on doubts the U.S. government would release oil from its strategic...
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