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Where Did You Gold? –Bulls Reappears to Elevate Price Above $1,710, Are There More Cards Up Their Sleeves?
After a struggle with the bears, the bulls managed to break through and surged upwards. Their journey took them past $1,710 before they retreated to take a breather as the price has been trending sideways. Presently, it stands at $1.714.50. The Relative Strength Index stands at 53, and indicates a s
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Agricultural prices to continue its slide in the coming months – CE
Agriculturals used heavily in the hospitality sector lost some ground last month as virus-related lockdowns dented the demand outlook. Esconomists at Capital Economics think that the prices of most of agriculturals will continue to fall in the coming months as supply looks set to rebound strongly. A
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Crude Oil Futures: Cautious tone prevails
In light of preliminary readings for Crude Oil futures markets from CME Group, open interest shrunk by around 7K contracts on Tuesday, adding to the previous drop. Volume, instead, partially reversed the previous sharp drop and went up by almost 18K contracts. WTI remains supported by $57.50 Prices
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