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...
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...
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...
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...
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...
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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