GOLD: approaching $1,800!
The shining metal breaks above $1,760. How soon the 2012 heights may be beaten?
GOLD: the era of $1 800
Finally, we have gold above $1 800, and it seems to feel itself quite confident over there. What is it up to now?
Strategically, the target is now $1 900.
Tactically, expect a downward retrace as the next step.
Fundamentally, it was the 8-year high that just got passed, so now it is the all-time high of 2011 to be challenged. Nothing extraordinary here - just pressure and time. Especially with these gloomy moods among investors and spikes of infection rates here and there.
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OIL: WTI is below $15
The price of WTI oil collapsed even more, it trades at $14.80; why?
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WTI oil: rise and shine?
The oil price looks optimistic. What are the reasons?
The NFP Friday is coming!
The Non-Farm payrolls are announced on Friday at 15:30 MT time.
Strong EUR vs weak USD
S&P 500 takes a pause near the all-time high, while the US dollar remains at the lowest levels since 2018.
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