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Gold Stays Close To 7-Year Highs As China Cuts Lending Rates
Article By:
DailyFX
Thursday, February 20, 2020 3:56 AM EST
Gold prices gave back their Thursday gains in the Asia Pacific session but remained close to the week’s more-than seven-year highs, even as China took monetary measures aimed at mitigating the effects of the coronavirus outbreak on its economy.
Parabolic Markets & Four Reliable Entry Patterns
Video By:
Joseph James
Tuesday, February 18, 2020 10:56 PM EST
Crude Oil is bullish and trying to re-test yesterday’s high, but the bulls are running out of “open space” overhead, telling me to wait patiently for a pullback.
Deal Or No Deal – Pound Holds Bid
I have the currencies next $OIL...
Why the End of the Longest Oil Bull Market Since 2008?
Very insightful look at $OILB, thanks.
Crashing Through The Glass Ceiling
Don't #OPEC agreements usually endup falling apart when member countries start to cheat? How long do you think the #oil production cuts will last? $OIL
The Oil War Is Only Just Getting Started
#OPEC can very well try to appear unfazed but their influence on the global #oil market has been on a decline for quite some time. What we are seeing now is a perfect example of their waning influence. They've gone through considerable lengths with the current production deals in order to prop up the oil price. The end result is a stabilization around $50 - $60. The rebound in US oil rigs ensures that the oil price will never reach its previous highs. $OIL $UCO $USO
Gasoline Inventories Increase, But We Continue To See Signs That The Oil Supply Glut Is Ending
Nicely done. This is why I'm bullish $OIL heading higher into 2016!