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Gold Price Forecast: XAU/USD remains bearish, with $3,345 likely to hold bulls
Gold (XAU/USD) is moving higher on Wednesday, favoured by a somewhat softer US Dollar, as investors trim their recent USD long positions ahead of the US Preliminary GDP release and the Fed monetary policy decision, due later today.Fxstreet
Wed, Jul 30
Crude Oil price today: WTI price bearish at European opening
West Texas Intermediate (WTI) Oil price falls on Wednesday, early in the European session. WTI trades at $68.72 per barrel, down from Tuesday’s close at $68.91.Brent Oil Exchange Rate (Brent crude) is also shedding ground, trading at $71.56 after its previous daily close at $71.75.Gold price consolidates in $3,320-3,330 band; looks to Fed for meaningful impetus
Gold price (XAU/USD) seesaws between tepid gains/minor losses during the Asian session on Wednesday, warranting some caution before positioning for an extension of this week's bounce from the $3,300 neighborhood.Fxstreet
Wed, Jul 30
Crude Oil lurches higher after Trump gives Russia ten days to strike a deal with Ukraine
West Texas Intermediate (WTI) US Crude Oil rose at its fastest single-day pace in over a month after US President Donald Trump announced that he's giving Russia just ten days to reach an acceptable resolution on Ukraine, or face stiff economic sanctions and penalties.US wants to allow limited Oil production in Venezuela again – Commerzbank
The US government is apparently considering allowing US Oil companies to resume limited operations in Venezuela. This was reported by five sources familiar with the matter, Commerzbank's commodity analyst Carsten Fritsch notes.Fxstreet
Tue, Jul 29
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