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Aespa, STAYC, and ITZY have proven themselves as rising K-pop acts as they successfully entered the top 15 of MelOn chart for the last week of May 2021.
Crude oil prices have broken the downtrend dating back to the all-time high, buoyed by growth optimism and inflation concerns.
Gold prices continue to surge as treasury yields, real yields and the US dollar dip but the ‘overbought’ metal remains vulnerable to a potential slow-down.
Gold Price Forecast: Bull Flag Breakout in Progress - Levels for XAU/USD Advertisement Gold Price Outlook: Gold prices have held above multi-month bull flag resistance, increasing confidence that a march back to all-time highs has begun. Weakness in US Treasury yields and the US Dollar (via the DXY Index) are helping give gold prices a fundamental boost on Monday. According to the IG Client Sentiment Index, gold prices have a mixed bias in the near-term. Holding onto Gains Gold prices have continued their advance at the start of the new week gaining just over +0.1% as both US Treasury yields ...
Gold Price Forecast: Breakout Above Multi-Month Resistance - Levels for XAU/USD Advertisement Gold Price Outlook: Gold prices have moved beyond multi-month bull flag resistance, suggesting that a march back to all-time highs has begun. However, with soft ag and industrial metal commodities pulling back and the US Dollar catching a bid post-FOMC minutes, the ‘runaway inflation’ narrative may be tempered, capping near-term price gains by gold prices. According to the IG Client Sentiment Index, gold prices have a mixed bias in the near-term. Shining Again Gold prices have climbed back to the...