The price of oil, particularly West Texas Intermediate (WTI), has been fluctuating recently, influenced by several factors. A significant contributor to the rise in WTI prices is speculation about a possible interest rate cut by the Federal Reserve...
Crude Oil Price Signals The Crude Oil price behavior analysis is a matter for discussion. By the end of the trading week, WTI futures quotes had secured a position above the upper limit of the descending daily channel. However, this position is only...
Gold (XAU/USD) traders are closely monitoring the critical resistance level of 2300. A break above this threshold could signal the continuation of the bearish trend, opening up opportunities for new gains. Traders, anticipating this breakout, may...
Fundamental Analysis Monday's oil prices are expected to rise somewhat despite no significant news stories pushing up costs. While traders are assessing and projecting how the switch to electric vehicles would affect demand in the medium to long...
Gold Price Analysis: Key Insights From The H1 Chart Today, the gold market witnessed some interesting movements. Initially, there was a bullish trend; however, this was short-lived as the price experienced a significant drop. Our H1 chart clearly...