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Add as a preferred source on GoogleQuotes from BofA Merrill Lynch:- Since late Jan, Copper has been correcting higher. Now, with daily RSI rolling over from overbought, we look for a top in the confluence of resistance between 5864/6051and a resumption of…
Quotes from BofA Merrill Lynch:
- Since late Jan, Copper has been correcting higher. Now, with daily RSI rolling over from overbought, we look for a top in the confluence of resistance between 5864/6051and a resumption of the larger bear trend for 5279 ahead of 4791.
- An impulsive break below 5740 (Feb-24 low)confirms a top and turn lower.
Gold prices edged lower on Monday as stronger-than-expected U.S. nonfarm payrolls data dampened hopes for aggressive Federal Reserve rate cuts, bolstering the dollar. Spot gold slipped 0.1% to $2,686.32 an ounce, while F…
On-chain data shows BTC whales moved 10000 BTC from Crypto exchanges. This indicate accumulation of BTC by whales. Japanese public company Metaplanet buys another 1 billion yen worth of Bitcoin. According to Santiment, t…
Personal income increased by 0.2% month over month In August, which was less than the 0.4% market forecast and less than the 0.3% growth in July. For the third consecutive month, real personal disposable income increased…
