Recently, gold prices have been trading inversely to Fed rate hike expectations. See how gold prices behave near $1300 for near term direction.
Fed rate hike expectations remain stuck at last week's levels. DJIA price range remains stuck above 18,295.
Crude Oil Prices have closed lower after putting in a new weekly high at $47.71. Traders may use this value to plan for the markets next breakout.
Dow Jones Industrial Average did increase but only marginally finishing last week up less than 1%. The market continues to consolidate near its all time
Silver prices declined early Friday, in reaction to a surging US Dollar and better than expected NFP data.
The NZD/USD has traded to new yearly highs, as the RBNZ keeps key interest rates flat at 2.25%.
Gold Prices are set to close lower today after failing to breakout higher above a critical point of resistance.
Dow Jones Industrial Average is having a hard time overcoming 18,000. The sentiment and technical picture point to medium term strength and a buy the
The EUR/USD is moving towards weekly lows before tomorrow’s ECB rate decision.
Gold prices increases to the highest level in 8 months on a weakening US Dollar. $1225/oz is the next level of resistance.
