Gold's 365-Day EMA Streak Since Oct 2023 Faces Its First Real Test at $3,980 — Break or Bounce to $4,140? 
World Cup technology: from ref cams to AI analysts, cutting-edge research is changing the game 
How AI prompting turned writerly description into an everyday skill 
Goldman Sachs: US Dollar Likely to Stay Strong Despite Oil Price Retreat 
With Iran and the US signing a peace deal, where does that leave Benjamin Netanyahu? 
Today’s space race could turn fatal if we don’t agree on new rules 
J.P. Morgan Sees Potential Vestas Guidance Upgrade Amid Strong Wind Energy Demand 
AI Memory Boom Sparks Global Chip Supply Crunch 
SpaceX Stock Gets $175 Target as Analysts See Massive Growth Ahead 
 - EconoTimes)
Metals are failing to gain amid strong dollar but have so far held the levels steady. Performance this week at a glance in chart & table -
- Gold - Gold sellers have so far failed to break $1150 level. If gold successfully holds the level, next week's FOMC meeting could become a make or break event like this month's NFP. Gold can fall even to $1040/troy ounce if key support gets broken. Immediate support lies at 1144 & resistance at 1166.
- Silver - Silver, is trading in tight range of 21 cents today. Mint ratio is at 74.23, up 0.50% today. Prices might reach as low as $14/troy ounce as key level remains broken. Silver is currently trading at $15.5/troy ounce. Support lies at 14 & resistance at 16.6.
- Copper - Copper is the best performer so far the week but remain cautious over the developments in China. Price pattern suggests loss towards 2.47 levels should the resistance at $ 2.72 holds. Immediate support lies at 2.59 & resistance at 2.67.
|
Gold |
-1.11% |
|
Silver |
-2.14% |
|
Copper |
1.96% |
