| Updated: 
The precious metal gold prices continue to trade bullish at 1,947 level amid sell-off in tech stocks such as amazon, Facebook and apple. For now, the violation of 1,950 resistance may offer us a quick buy trade — checkout the Gold price forecast to learn more about the trade setup.
TradingPedia.com is a financial media specialized in providing daily news and education covering Forex, equities and commodities. Our academies for traders cover Forex, Price Action and Social Trading.
Spot Silver scales fresh record high above $49.50/oz. Spot Silver surged to a record high of $49.69/oz. on Thursday, tracking Gold's rally and supported by expectations of more Federal Reserve interest rate cuts this year as well as by robust investor demand and a supply deficit.The minutes […]
Copper Rebounds as Investors Step In and Dollar Eases Key Moments
Shanghai Futures Exchange copper gained 1.78% to 101,780 yuan ($14,679.24) a metric ton as of 0308 GMT.
London Metal Exchange three-month copper traded at $13,046.50 a ton, up 0.40% and holding above $13,000.
[…]
H&M shares drop, company reports huge second-quarter losses
Shares in H&M declined 2% at the beginning of the Monday trading session. This followed the company’s report on second-quarter sales, which dropped 50% after the global shutdown during the pandemic crisis.On Monday, the fashion […]
Forex Market: GBP/USD daily trading outlook Yesterday’s trade saw GBP/USD within the range of 1.4465-1.4724. The pair closed at 1.4484, plummeting 1.06% compared to Mondays close. It has been the 28th drop in the past 48 trading days and also the steepest one since March 22nd, when the […]
Commodities trading outlook: gold and silver futures Precious metals advanced during trade in Europe today, as the crisis in Ukraine kept its firm support for safe-haven assets. With prolonged confrontation seen as almost certain, investors hedged risks, prompting higher demand for gold and […]
Bank of America shares fall for a second straight session on Thursday, 125 British jobs to be relocated to Ireland According to a report by Reuters, citing a corporate filing, up to 125 jobs are expected to be moved by Bank of America Corporation (BAC) from the UK mostly to Ireland in preparation for Brexit in March 2019.Bank of America shares […]