| Updated: November 9, 2023
The yellow metal gold continues trading sideways between 1,956 to 1,924, having violated the symmetric triangle pattern. Later today, the U.S. economy will be releasing CB Consumer Confidence data that can drive some price action in the market. Let’s brace to capture a quick movement in gold.
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.
Ford shares rebound on Thursday, 2 900 pickup owners urged to discontinue driving as company confirms second Takata death According to a statement by Ford Motor Company (F) on Thursday, a second death was confirmed in one of its older pickup models resulting from a faulty Takata airbag inflator. Meanwhile, 2 900 pickup owners in North America were reportedly […]
USD/JPY on negative territory US dollar fell for the second day against the Japanese yen on Thursday, as Asian shares registered losses overnight, which supported demand for safe haven yen.USD/JPY slid to a session low at 99.18 at 6:12 GMT, the pairs lowest point since […]
Volvo AB share price up, ditches auto shows glitz to focus on online marketing Volvo AB is changing strategy to appeal more directly to buyers, particularly focusing on online marketing instead of depending on auto shows as before. According to an official statement, the car maker will be taking part in only one motor […]
Commodity Market: US Crude Oil extends gains as OPEC+ sticks to reduced output policy, US oil stockpiles drop Futures on US West Texas Intermediate Crude Oil rose for a fourth straight trading day on Thursday after OPEC+ maintained oil production cuts, while crude oil inventories in the United States dropped to levels not seen since March […]
Commodity Market: US Crude Oil recovers from one-week lows after report of mortar shelling in Ukraine Futures on US West Texas Intermediate Crude Oil recovered from a one-week low, registered earlier on Thursday, after a report by Russian state news agency RIA of mortar shelling in Ukraine.Separatists in eastern Ukraine, backed by […]
TotalEnergies resumes production at Tyra offshore hub TotalEnergies (Paris: TTE) said on Friday that it had resumed production from the Tyra hub in the Danish North Sea, after it had completed a major redevelopment project of the site.The Tyra hub is expected to produce 5.7 million cubic […]