Tag: volume profile

Crude oil’s extreme appreciation – what are the reasons?

OPEC's production cut from last week opened the door to the $90 territory for crude oil. The volume shows a rising appetite for further appreciation.
Gold traders await Fed’s decision of the year
XAU
0.48%

Gold traders await Fed’s decision of the year

This week's Fed rate decision could bring higher volatility. A possible 100 bps rate hike could spark a massive sell-off.
Crude oil is down 30.56% from June’s top
WTIOIL
-2.02%

Crude oil is down 30.56% from June’s top

Crude has declined more than 30% in two months. Iran's nuclear deal seems to be very close to an agreement.
Swiss gold export soars to 202 tonnes in July
XAU
0.48%

Swiss gold export soars to 202 tonnes in July

The price of gold is under 1800$ and demand is rising. China's import of Swiss gold was up by 147% in July. Fed remains a big question.
Oil gained as a tight market remains
WTIOIL
-2.02%

Oil gained as a tight market remains

The price of crude oil went sharply up thanks to fundamentals, which points to tight market before summer.