Gold Technical Analysis (XAUUSD) - 04 Mar 2024SHORT Case • A large short opportunity could present itself near $2050 region, taking Gold back down to retest the $2000s. • Gold short positions should be used as hedges against buy position in the current market. LONG Case • We expect golds push up to peak somewhere around $2050, where we co...
Read MoreBrent Crude Oil Technical AnalysisSHORT Case Oil has been moving sideways for few weeks presenting small short term sell opportunities. Whilst we wait for Brent to reach $85-86 region, we can see a short term push down to $80. LONG Case Better to stay on the buy side of brent crude until around $84-$86 where we might get sell opportunities...
Read MoreU.S Interest Rates Three Federal Reserve officials said the pace of interest-rate cuts will depend on incoming economic data, suggesting the path to lower borrowing costs may look different than in previous ratecutting cycles. Boston Fed President Susan Collins and New York’s John Williams said the Fed’s first rate cut will likely be appropriate...
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