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Source: Forex Live News Agency
3 weeks ago
Forex Medium Importance
investingLive Asia-Pacific market news: Oil steady near highs, gold flat

investingLive Asia-Pacific market news: Oil steady near highs, gold flat

Middle East news flow was relatively light through the session, though oil prices remained underpinned after Monday's gains, when a US strike on Iranian rocket launchers and a subsequent Iranian retaliation drove crude higher. President Trump has vowed to respond forcefully to Iran's retaliation, and further support came from reports that a Saudi VLCC was halted after being struck by projectiles in the Strait of Hormuz, extending the pattern of tanker incidents in the waterway.

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Source: Forex Live
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Source: Action Forex News Agency
3 weeks ago
Forex Medium Importance
Gold Next Target at $5,992–$6,627: the Inverse 1.236–1.618 Extension of Wave (Iv)

Gold Next Target at $5,992–$6,627: the Inverse 1.236–1.618 Extension of Wave (Iv)

Gold has been one of the clearest examples of why structure should come before headlines. The advance from the 2022 low has developed impulsively, producing the characteristics expected from a five-wave Elliott Wave sequence.

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Source: Action Forex
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