Trend following struggles to return to vogue
Macro outlook for trend appears to be favourable, but 2023’s performance flop gives would-be investors pause for thought
Source: risk.net
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Gold Price Forecast: XAU/USD rebounds but not out of the woods yet
Gold price is building on Wednesday’s rebound from two-month lows of $1,984 early Thursday, as the US Dollar (USD) resumes correction alongside the US Treasury bond yields.
Source: fxstreet.com
Forex technical analysis and forecast: Majors, equities and commodities
EURUSD has reached the estimated target of the corrective wave at 1.0734.
Source: fxstreet.com
Natural Gas able to have a relief bounce in an overall bearish market
Natural Gas (XNG/USD) is falling back to $1.66, coming from $1.71 earlier this Thursday. The whipsaw move comes on the back of disappointing US Industrial Production numbers for January. Not only got the previous number revised down from
Source: fxstreet.com
Gold Price Forecast: XAU/USD set for more pain on a daily close below $1,993
Gold price is flirting with the lowest level in two months near $1,990 early Wednesday, consolidating the previous day’s steep sell-off.
Source: fxstreet.com