Gold Bugs Win
Gold Bugs have been preaching the demise of fiat currency for decades. Although fiat currencies like the US Dollar still have utility, here’s why Gold Bugs can now claim victory.
XLV Pullback
The Healthcare Sector has pulled back to its rising trend-line in the short-term. It’ll be interesting to see whether this can materialize into an actionable setup.
Crude’s Erosion Continues
Crude-oil’s multi-month slide continues. Declining energy prices raise fresh questions over inflation, commodity cycles and whether oil markets have finally broken their long-term uptrend.
XAU/USD Edges Lower Below $4,200 Amid Worries About Hawkish Fed Rate Cut
Gold Price trades in negative territory around $4,195 during the early Asian session on Tuesday.
GBP/USD Shuffles Its Feet As Investors Await Key Central Bank Moves
GBP/USD found little momentum on either side of the line on Monday, with the Cable pair churning chart paper just north of the 1.3300 handle to kick off a fresh trading week.
