Gold prices stabilised on Monday after hitting their lowest in nearly two weeks
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Gold futures climbed on Thursday, stretching their winning streak into a sixth straight session to mark another settlement at the highest since mid-June.
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Gold prices continued their bullish ascent this morning, spiking above the 1555 level after the open. Most of those gains have already been faded-out.
Gold prices have stabilized after a volatile showing last week. Gold price action has clung to a bullish trendline ahead of a couple of really big drivers.
USD/CAD put in an aggressive bearish trend in June and early-July, but has seen 50% of that prior move wiped out in a retracement.
Core CPI continues to show a streak of stability, printing at its highest level since January and continuing above the Fed's 2% target.
After a burst of excitement FX markets have begun to digest, but will sellers be able to provoke a bigger push in the US Dollar?
The Equity sell-off has calmed for now but a number of questions remain around global markets. The US Dollar is currently testing lower-high resistance.
Gold prices pushed down to 1400 around FOMC yesterday. But bulls soon returned to perk prices right back up. But, is this a corrective move ahead of lower-lows?
The US Dollar has held lower-high resistance ahead of the FOMC's widely-expected rate cut. But what's in store for the rest of 2019?
Gold prices grasp at support ahead of the Fed's widely-expected rate cut. More important for Gold is likely what the Fed says about the rest of 2019.
Gold prices exploded last week with a gust of USD-weakness pricing-in, but GLD price action has since pulled back to find support at prior resistance.
The US Dollar has seen a different tonality so far in July, but a short-term theme of strength runs counter to an intermediate-term scenario of weakness.
Crude oil prices caught a boost this week as production constraints showed around a brewing storm in the Gulf of Mexico, set to touch down this weekend.