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Day: June 9, 2022

Jun 09
CRUDE OIL FUTURES (CL1!), H1 Potential For Bullish Momentum

Type: Bullish RiseKey Levels:Resistance: 9753Pivot: 9312Support: 9129Preferred Case:On the H1, price is moving above the ichimoku cloud which supports our bullish bias that price will rise from the pivot at 9312 where the overlap support is to the 1st resistance at 9753 in line with the pullback resistance, 161.8% fibonacci extension and 100% fibonacci projectionAlternative […]

Jun 09
Gold finishes higher Wednesday, even as dollar and Treasury yields rise

Gold futures booked back-to-back gains on Wednesday, putting the precious metal on pace for a weekly gain. Gold for August delivery GCQ22, -0.09% GC00, -0.09% rose 0.2%, adding $4.40, to settle at $1,856.50 an ounce on Comex. The yellow metal found some support despite the 10-year Treasury rate pushing back above 3% and the ICE […]

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