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Supports

Retreat in US Yields Supports Gold, But for How Long? XAU/USD, XAU/EUR Price Setups

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Gold, XAU/USD – Price Action: XAU/USD is holding above crucial support, thanks to the retreat in US Treasury yields. XAU/EUR has struggled at key resistance area. What is the outlook and key levels to watch in XAU/USD and XAU/EUR? Recommended by Manish Jaradi How to Trade Gold Gold rose on Tuesday, tracking the decline in …

Retreat in US Yields Supports Gold, But for How Long? XAU/USD, XAU/EUR Price Setups Read More »

Sell-Off Looks Overdone, Tight Energy Market Supports Rebound

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OIL PRICE OUTLOOK: SLIGHTLY BULLISH Oil prices plunge on recession fears and reach their lowest level in nearly a month, but the sell-off appears overdone Despite the large drop over this past week, tight energy markets, amid structural supply and demand imbalances, create a constructive backdrop for WTI and Brent In terms of technical analysis, …

Sell-Off Looks Overdone, Tight Energy Market Supports Rebound Read More »

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