Gold Prices May Fall on US CPI Uptick, Hawkish Powell Comments

GOLD & CRUDE OIL TALKING POINTS: Gold prices may resume selloff on US CPI uptick, hawkish Powell remarks Crude oil prices suffer largest drop in almost three years on OPEC outlook API inventory flow data eyed after oil prices break uptrend from 2016 low Gold prices struggled for meaningful upside progress despite a weaker US […]

Gold, Crude Oil Prices May Accelerate Lower on Upbeat FOMC

GOLD & CRUDE OIL TALKING POINTS: Gold and crude oil prices seesaw, echoing US Dollar after midterm election Intraday gains evaporated as markets risk appetite, Fed rate hike bets firmed Upbeat FOMC policy announcement may punish commodity prices further Commodity prices seesawed in the aftermath of US midterm elections yesterday. Initial US Dollar weakness offered […]

Charts for Next week – EUR/USD, AUD/USD, EUR/NZD, Gold Price & More

The powerful Dollar reversal yesterday sent currencies soaring against it. EUR/USD is coming off big support, but has obstacles standing immediately in its way. AUD/USD broke a steadfast trend-line, putting it into corrective mode for now. A couple of cross-rates have moved to interesting levels, EUR/NZD is on the radar. Gold surged from support, but […]

Gold Prices May Turn Lower as US Dollar Rebounds on Jobs Data

GOLD & CRUDE OIL TALKING POINTS: Gold prices surge as US Dollar plummets, Fed rate hike outlook flattens Crude oil prices drop as swelling OPEC output stokes oversupply fears Commodities may suffer as upbeat employment report lifts the US Dollar Gold prices soared – posting the largest daily increase in three weeks – as a […]
Gold Prices May Fall on US CPI Uptick, Hawkish Powell Comments

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