Commentary
Add as a preferred source on GoogleQuotes from BofA Merrill Lynch:- While 16yr trendline support (now 46.24) has arrested the decline, WTI has failed to make any meaningful upside, particularly when compared to the price action in HO and RB. - In the near…
Quotes from BofA Merrill Lynch:
- While 16yr trendline support (now 46.24) has arrested the decline, WTI has failed to make any meaningful upside, particularly when compared to the price action in HO and RB.
- In the near-term however, watch 50.88 (CLJ5). A break would complete a micro-term base and expose the confluence of resistance between 54.78/55.05.
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…
