Gold price consolidates strong gains from the previous day. Against the backdrop of rumors about the Federal Reserve lowering interest rates later this year, there is a short-term bias favoring bulls. These expectations were supported by weaker economic data from…
What is Commitment of Traders? The chart above can be used to view the CFTC (Commodity Futures Trading Commission) commitments of traders data (or COT in short) in an easily readable format. The data is published by the CFTC every…
Gold prices (XAU/USD) climbs to a record high near $2,390 during the early Asian session on Friday.👉 The market expectation that the US Federal Reserve (Fed) will cut its benchmark interest rate this year is the main driver for the…
Pair near the level of 2180 after uncreative growth the day before trading participants are no hurry to open a new position to wait for the emergency of a new macro economic indicators. US federal results which can clarify prospects…