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Yellowmetal

ORBEX: Gold Impulsive Upside Could Lead to Triple Combo!Gold's upside move could end shortly, forming an intervening wave x that could be followed by either an ending zig-zag or an ending triangle pattern. The successful correction could turn the current structure into a triple combination! Look for potential invalidation above 1519/oz. Trade safe Stavros Tousios Head of Investment Research Orbex This analysis is provided as general market commentary and does not constitute investment advice
FX_IDC:XAUUSDShort
by Orbex
2
ORBEX: Gold Up Despite Trade Flows, WTI Muted on API OffsetIn today’s market insights I talk about how the latest trade war and API developments affected the prices of gold and oil. Gold appreciated while trade optimism increased! That was owed to poor US data, however! But I do expect the upside to be limited! Crude, although supported by positive trade ware narratives, ended the session muted as bullish flows were seen offset by a build in the weekly API report! Stavros Tousios Head of Investment Research Orbex This analysis is provided as general market commentary and does not constitute investment advice.
FX_IDC:USDWTI
by Orbex