Bulls are taking a breather in early Monday’s trading following strong rally last week (up 4.5% for the week, the biggest weekly gains since mid-March 2020). Last week’s acceleration of the recovery from new 20-year low (0.9535) was mainly driven by weaker dollar on growing signs that the Fed may ease its aggressive approach to […]
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Key Highlights Gold started a fresh decline from $5,240 and traded below $5,120. A major bearish trend line is forming with resistance at $5,075 on the 4-hour chart. WTI Crude Oil surged toward $102 before Read more…