Gold price could restart a steady increase above the $1,990 resistance. Crude oil price is rising and it could climb further higher toward $85. Important Takeaways for Gold and Oil Prices Analysis Today Gold price corrected lower from $2,080 and tested $1,900 against the US Dollar. A key bullish trend line is forming with support […]
The post Gold and Crude Oil: Long-Term Outlook appeared first on Action Forex.
Daily Pivots: (S1) 0.8877; (P) 0.8918; (R1) 0.8983; More… Intraday bias in USD/CHF is turned neutral first with current dip and some consolidations could be seen first. But outlook will will stay bullish as long Read more…
Dollar traded broadly lower in Asian session as markets reacted to President-elect Donald Trump’s appointment of Scott Bessent, a seasoned fund manager, as Treasury Secretary. Bessent’s stance aligns with Trump’s policies on tariffs, though his Read more…
New Zealand’s goods exports increased by 7.5% yoy in October, reaching NZD 5.8B, while total goods imports rose by 3.0% yoy to NZD 7.3B. This resulted in a trade deficit of NZD -1.54B, which, although Read more…