Gold tests key levels, Oil spikes 3%
Gold is poised to break a six-session losing streak after testing its 100-day moving average last week. The next potential target lies near the 50-day moving average at $2,654.
WTI crude oil futures surged 3% to $69 per barrel on Monday after Norway's Johan Sverdrup oilfield, the largest in Western Europe, halted production due to an onshore power outage.
Both gold and oil prices were further supported by escalating tensions in the Russia-Ukraine conflict. Russia launched its most extensive air strike in nearly three months, targeting and significantly damaging Ukraine’s power infrastructure.
WTI crude oil futures surged 3% to $69 per barrel on Monday after Norway's Johan Sverdrup oilfield, the largest in Western Europe, halted production due to an onshore power outage.
Both gold and oil prices were further supported by escalating tensions in the Russia-Ukraine conflict. Russia launched its most extensive air strike in nearly three months, targeting and significantly damaging Ukraine’s power infrastructure.
Import the BlackBull Markets Economic Calendar:
blackbull.com/en/economic-calendar/?utm_source=tradingview
Free TradingView Premium with BlackBull Markets: blackbull.com/en/platforms/tradingview/?utm_source=tradingview
blackbull.com/en/economic-calendar/?utm_source=tradingview
Free TradingView Premium with BlackBull Markets: blackbull.com/en/platforms/tradingview/?utm_source=tradingview
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.