Key Highlights Gold prices could extend gains above the $2,000 resistance. A connecting bullish trend line is forming with support near $1,968 on the 4-hour chart. Crude oil prices trimmed gains and traded below $85.00. The US GDP could grow 4.2% in Q3 2023 (Preliminary). Gold Price Technical Analysis Gold prices remained in strong demand […]
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Daily Pivots: (S1) 1.3634; (P) 1.3651; (R1) 1.3683; More… Intraday bias in USD/CAD remains neutral as consolidations continue above 1.3549. Further decline is expected as long as 1.3709 resistance holds. Below 1.3549 will resume the Read more…
The US Non-Farm Payrolls report may be today’s headline event on the economic calendar, but markets are behaving as though the real story lies thousands of miles away in the Strait of Hormuz. For much Read more…
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