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WTI Oil extends pullback into second consecutive day after recent rally repeatedly failed to clearly break pivotal Fibo barrier at $78.13. Subsequent easing is generating an initial signal of reversal and formation of a lower platform at $78.50 zone, as fresh bears broke below 200DMA ($77.65) and converged 10/100DMA’s ($77.12), though close below these levels […]

The post WTI Oil: Price Eases Further, as US Rate Outlook Offsets Persisting Middle East Worries appeared first on Action Forex.

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27/05/2024

Will Gold Resume Its Prevailing Uptrend?

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