Gold prices may continue to recoup the losses from earlier this week as the precious metal snaps the recent series of lower highs & lows.
The near-term recovery in crude appears to be sputtering ahead of September-high ($52.83), with oil prices at risk of facing range-bound conditions.
Gold prices are back on the defensive as Fed rate hike speculation heats up anew following last week’s respite. More of the same may be ahead, even without fresh catalysts.
Asian investors managed to look past renewed North Korea tensions as hopes for enduring Chinese growth buoyed commodity prices
Gold has rallied for six consecutive days with the advance taking prices through key technical resistance. Here are the updated targets & invalidation levels that matter.