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Gold
Equities weaker amid a short trading session
The US markets opened on Friday following the Thanksgiving bank holiday the day before. But trading was subdued as Friday was a short trading session. Investors were concerned about the impact of the US supporting the Hong Kong protests.… Read More
Gold & Silver Fall on Trade Deal Hopes
Gold
The yellow metal has been lower over the course of this week’s trading as better risk sentiment has seen diminished safe-haven flows. Gold prices have been trending lower for a few weeks now as expectations of a US/China trade deal… Read More
Investors cautious amid thin trading
The US markets were closed on Thursday on account of the Thanksgiving holiday. Investors were cautious amid the lack of any major fundamentals during the day. Doubts on the US and China trade deal still remain. This comes as the Washington… Read More
Trump Tweets: a Deal is Near, Optimism Rises
President Trump tweeted that a trade deal with China was close, leading to some optimism.
Equity markets continued to maintain the gains, indicating that the markets are already discounting the news.
The deadline for the next round of… Read More
XAUUSD: Gold Correction Ended?
XAUUSD seems to be forming the final part of a bullish 5-wave impulse consisting of primary waves ①-②-③-④ and ⑤.
With the corrective wave ④ identified as a complete double zigzag, we could expect primary wave ⑤ to complete the long-tern… Read More
Gold UP Despite Trade Optimism!
In today’s market insights, Stavros dives into the performance of gold, explaining why it appreciated while trade optimism increased, and why the upside might be limited!
He also delves into crude’s muted performance as trade flows were… Read More
Trade Negotiator Comments Keep Optimism Alive
Top trade negotiators of China and the United States apparently held a phone conference on Tuesday. Both parties said that there is an increase in the chances of the "phase one deal" being reached.
A spokesperson from China said that… Read More
Equities Rally Amid Quiet Trading Day
Equity markets rallied as a risk on sentiment saw major US indices touching new highs from Friday. The gains were partly driven by activity in the stock markets.
However, trade optimism is once again partly cited for the gains. President… Read More
USD Rebounds, Closing with 4-day Winning Streak
The USD rebounded strongly on Friday marking strong gains and a four-day winning streak. The gains come on the back of strong patch of economic reports from the US.
Elsewhere, reports from other regions were somewhat weaker in… Read More
Muted Gold Shifts Safe-Haven Status to Silver?
Gold and silver moved up hand-in-hand until Wednesday. The precious metals were being heavily influenced by macroeconomics, more so than geopolitics, closer to the second half of the week.
On Thursday and intraday Friday, silver holds a… Read More