Gold Price (XAU/USD) lacks upside momentum at the highest level in three weeks, making around to $1,937-38 of late, as traders seek more clues to confirm the dovish bias about the US Federal Reserve (Fed) that gained momentum after the previous day’s downbeat US data. Also challenging the XAU/USD bulls could be the mixed concerns […]

Considering advanced prints from CME Group for crude oil futures markets, open interest increased for the third consecutive session on Monday, now by around 1.4K contracts. Volume, instead, nearly halved from the previous day and dropped by around 431.3K contracts. WTI appears consolidative around $80.00 Price action around WTI gyrated around the $80.00 mark per barrel on […]

Open interest in gold futures markets dropped for the third straight session, this time by just 84 contracts on Monday according to preliminary readings from CME Group. Volume followed suit and shrank by around 53.5K contracts, reversing the previous daily build. Gold: Interim hurdle emerges around $1930 Gold prices started the week on a positive foot […]

Gold price gains some positive traction for the second successive day on Tuesday and climbs to the $1,925-$1,926 area during the Asian session, or over a two-week high touched the previous day. The ongoing decline in the US Treasury bond yields drags the US Dollar (USD) further away from a nearly three-month top, which, in […]

Considering advanced prints from CME Group for natural gas futures markets, open interest rose by around 7.7K contracts at the end of last week, keeping the choppy activity well in place for yet another session. Volume, on the other hand, shrank markedly by around 166.4K contracts against the backdrop of persistent choppiness, Natural Gas: Gains […]

WTI crude oil remains mildly offered near $79.80 as it takes a U-turn from a two-week-old resistance line to print the first daily loss in three heading into Monday’s European session. In doing so, the Black Gold also justifies the bearish MACD signals while struggling to cheer the softer US Dollar, as well as China-inspired […]

CME Group’s flash data for crude oil futures markets noted traders added around 6.3K contracts to their open interest positions on Thursday, reversing at the same time the previous daily drop. Volume followed suit and increased for the second straight session, now by around 64.6K contracts. WTI: Decent support emerges just below $78.00 Prices of WTI left […]