The XAU/USD pair is looking very strong due to multiple headwinds. The falling bond yields and the decreasing inflation in...
Silver (XAG/USD) price is showing a weakness this week. The sell-off that started at the end of last week continued...
The global oil prices have taken a sharp turn after the reports of deeper production cuts from the OPEC+ countries. Consequently, Brent crude oil price extended its gains today after a 4.02% gain on Friday. At press time, the British benchmark of crude oil was up 2%. This move also marks a downside retest of the 200 MA which is also evident from the following chart. If Brent crude oil price breaks above this key moving average, the recovery rally may catch fire. This week’s OPEC+ meeting which is scheduled for Sunday, 26 November, may act as a catalyst in this regard. However, it is also very likely that the markets overreact and the black gold will become overvalued...
BP share (LON: BP) price has rebounded after hitting major technical support on its chart. This bounce can be attributed...
Platinum’s price has experienced a massive decline due to decreasing interest from investors. As a result, it reached a new...
Brent crude oil price is currently on the verge of recording its third consecutive weekly decline. This decline can be...
Gold Price did a fake-out above the $1985 resistance level after breaking above it in October. However, the bears took...
In my last Silver price analysis, I mentioned my price target of $23. This target was perfectly met last week...
Brent crude oil price saw a rebound due to the escalating tensions in the Middle East. After an attack on...
Gold price turned green on Tuesday right after opening. Despite facing resistance from the 200 moving average, the daily candle...