Sell the Bounce": Gold Rally Stalls Near $4165 as Fed Hawks Slam the Door on Rate Cuts — Targets $4000/$3600 
Trump’s Iran Strategy: What Has Been Achieved After Three Months of Conflict? 
Today’s space race could turn fatal if we don’t agree on new rules 
China’s AI Manufacturing Boom Masks Weak Consumer Economy, Citi Says 
How Donald Trump has changed the way diplomacy is done 
SpaceX Stock Gets $175 Target as Analysts See Massive Growth Ahead 
Gold's 365-Day EMA Streak Since Oct 2023 Faces Its First Real Test at $3,980 — Break or Bounce to $4,140? 
Goldman Sachs: US Dollar Likely to Stay Strong Despite Oil Price Retreat 
World Cup technology: from ref cams to AI analysts, cutting-edge research is changing the game 
 - EconoTimes)
Commodity as a segment remained underperformer among asset classes. Performance this week at a glance in chart & table -
- Gold - The outlook for Gold remain mixed. Political uncertainties, growing jewelry demand and repatriation by central banks will provide bullish support but still an environment of falling inflation weigh on the price. Gold is currently trading at $1199/troy ounce. Immediate support lies at 1190 & resistance at 1210. Janet Yellen's comments could provide further direction.
- Silver - Silver remains the same fundamental as gold except the extra volatility associated has so far kept it a less preferred commodity. It's currently at $16.36/troy ounce. Support lies at 15.5 & resistance at 17.2.
- Copper - The outlook for copper remains clouded amid a slowdown in china. The red metal is falling amid a supply side growth that is here to persist. The copper is trading at $ 2.61/pound. Immediate support lies at 2.53 & resistance at 2.65.
|
Gold |
-0.33% |
|
Silver |
0.55% |
|
Copper |
0.62% |
