Factbox-How investors buy gold and what drives the market
(Reuters) – Gold hit a record high above $2,600 per ounce on Friday, as the prospect of more U.S. interest rate cuts and global geo-political uncertainty boosted its appeal. Bullion…
XAU/USD: Elliott wave analysis and forecast for 20.09.24 – 27.09.24
The article covers the following subjects: Highlights and key points Main scenario: consider long positions from corrections above the level of 2472.80 with a growth target of 2700.00 – 2800.00.…
Oil prices drift lower, but set for weekly gains after hefty Fed cut
Investing.com– Oil prices retreated Friday, but were still headed for a weekly gain as a bumper U.S. interest rate cut helped quell some fears of slowing demand. At 08:20 ET (12:20…
WTI Crude Oil: Elliott wave analysis and forecast for 20.09.24 – 27.09.24
The article covers the following subjects: Highlights and key points Main scenario: consider short positions from corrections below the level of 77.20 with a target of 61.50 – 53.60. A…
USD/JPY: Elliott wave analysis and forecast for 20.09.24 – 27.09.24
The article covers the following subjects: Highlights and key points Main scenario: consider short positions from corrections below the level of 147.30 with a bearish target of 131.25 – 123.97.…
GBP/USD: Elliott wave analysis and forecast for 20.09.24 – 27.09.24
The article covers the following subjects: Highlights and key points Main scenario: consider long positions from corrections above the level of 1.3144 with a growth target of 1.3500 – 1.3740.…
EUR/USD: Elliott wave analysis and forecast for 20.09.24 – 27.09.24
The article covers the following subjects: Highlights and key points Main scenario: consider long positions from corrections above the level of 1.1065 with a growth target of 1.1400 – 1.1600.…
Silver Outperforms Gold. Forecast as of 20.09.2024
It would appear that there is no better investment than gold in 2024. The precious metals sector leader set new records, but in the autumn, it ceded the top spot…
USD/CHF: Elliott wave analysis and forecast for 20.09.24 – 27.09.24
The article covers the following subjects: Highlights and key points Main scenario: consider short positions from corrections below the level of 0.8558 with a bearish target of 0.8200 – 0.8000.…
Morning Bid: Taking stock after Fed glow, Japan/China hold
A look at the day ahead in U.S. and global markets from Mike Dolan After a roaring Thursday that saw Wall Street stocks lap up deep Federal Reserve easing into…
