Crofts

Silver takes the bids above $24.00, prints three-day winning streak. 100-bar SMA, eight-day-old ascending trend line can offer immediate resistance. A two-week-long support line holds the gate for sellers’ entry. Silver prices rise to the intraday high of $24.12, currently around $24.07, during Fri

Gold looks south, with the focus on the key 100-DMA support. $1932/42 zone is the level to beat for the bulls. Focus on US NFP release for the next direction in gold. Following the 4.5% weekly loss, Gold (XAU/USD) has locked itself in a $100 range stepping into the critical US Non-Farm Payrolls w

In a statement released on Friday, China’s Commerce Ministry said that they will conduct an anti-dumping investigation on imports of some chloride products from the US, starting September 25. The probe is at the request of domestic producers and would normally last for a year, but it could be extend

Developing story. WTI is correcting a weekly impulse which gives rise to a bullish trade setup. The price has stalled at resistance and technical indicators have confirmed a bullish environment. A buy limit order can be placed at support structure with the view of a continuation of the weekly/daily

NZD/USD keeps late-Friday pullback to stay beyond 21-day SMA for the third day in a row. New Zealand’s Visitor Arrivals recovered in July, Business NZ PSI shrank in August. News that ByteDance rejects Microsoft’s offer for TikTok fails to tame the risk amid vaccine hopes. Sino-American tension, Brex

Photo: Bloomberg London-based trading provider CMC Markets ‎‎(LSE: CMCX) has been inducted into the FTSE 250, an index which measures the largest companies on the London Stock Exchange. Global index provider FTSE Russell has confirmed the news in the latest quarterly index reshuffle, which takes e

#XPDUSD# Palladium miners will benefit from a continued rise in palladium prices. The best ETF for palladium is PALL, but it's not very liquid and options on it are not an option. The palladium futures contract is about $200k at these prices, so it's probably the most volatile futures contract you

Gold remains in a pullback mode with key Fib hurdle at $1,994 intact.  The hourly chart shows a rising wedge pattern with support at $1,953. Gold is currently trading at $1,982 per ounce, representing a 0.15% decline on the day, having printed a high of $1,990 on Monday.  The yellow metal has recov