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Pairs in Focus - Gold, WTI Crude Oil, S&P 500, AUD/USD, DAX, EUR/GBP, GBP/JPY, EUR/USD
Gold has been very noisy this past week, but at this point in time, it looks like we are doing everything we can to turn things around. The resulting candlestick ends up being a hammer, and this tells me there are buyers underneath, and that the uptrend will try to reassert itself. With this being the case, I suspect that this is a market that will go higher over the longer term. There are plenty of geopolitical issues out there to keep the Gold market bullish, as well as falling rates. The West Texas Intermediate Crude Oil market has fallen during the course of the week, as it looks like we are going to continue to ... (full story)
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- Posted: Jul 28, 2024 8:24am
- Submitted by:Category: Technical AnalysisComments: 0 / Views: 5,158
