Gold Plunges Below $4,297; Why XAUUSD Tumbled 4% as the Dollar Surges and Fed Hike Bets Build
XAUUSD cratered to $4,297.41, down 3.97% on the session, even as Iran-Israel tensions flare. A surging dollar index at 99.85 and rising Fed hike expectations are the real story.
WTI Stalls at $93.75 as Bears Eye $92.79 and Bulls Bet on Hormuz
WTI trades at $93.75 after a 0.73% slide, caught between a $92.79 support floor and a Hormuz supply shock. Here is who holds the edge.
XAGUSD closed Friday at $67.90 after a punishing 6.6% weekly slide, with a surging dollar and stronger payrolls crushing the metals complex. Here is the week-ahead setup.
Silver closed the week at $67.90 after a 6.58% Friday rout, with RSI buried near 19. Bulls smell a washout bottom; bears say the dollar isn't done. Here's the verdict.
USDJPY pushed to 160.23 after a hot US jobs report lifted the dollar; with the daily trend up and DXY at 99.80, bulls now eye the 160.29 resistance shelf.
WTI today analysis: crude is down 3.31% at $94.59 after Hormuz reopening hopes faded and US-Iran tones cooled. JOLTS and ADP now hold the keys.
WTI crude oil faces resistance at $94.03, currently trading at $94.65. Geopolitical tensions ease, impacting oil prices and dollar strength.
Gold holds near $4,539.98 resistance. Key U.S. GDP and PCE data releases this week will shape the next move amid mixed technical signals and geopolitical considerations.
WTI Crude Oil finds stability around $90.24 as a neutral trend persists. Analysis of last week's key events and levels.
EURUSD consolidated around $1.17 last week. With easing geopolitical tensions and hot US inflation, the pair faces conflicting signals. This analysis delves into the technicals and fundamentals shaping the next move.
NZDUSD hovers around $0.59893 as strong business confidence clashes with looming resistance. Will the bulls break through, or is a pullback imminent?
Brent Crude trades around $96.35, facing a critical support test as geopolitical whispers clash with fundamental drivers. Analysis of key levels and upcoming economic data is crucial.