Gold’s recent muted performance has been owed to missing trade deal details!
With the text likely to surface some time today or overnight following the official sign-off, market participants will see exactly what’s been agreed and whether this makes a good case for a buy or a sell.
Oil’s decline, however, has been owed to inventories build! Will the EIA save the day? Or are we going to see trade details taking charge of this market too?
Timestamps
XAUUSD 4H 02:20 WTI 4H 05:00
Trade safe
Stavros Tousios Head of Investment Research Orbex
This analysis is provided as general market commentary and does not constitute investment advice
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