JPM not seeing too much movement for XAU/USD ahead, their Q3 forecast is towards $1800, not far from current spot.
JPM cite:
- a bounce for risk sentiment
- US yields heading higher still
Weekly candles for the yellow rock:
JPM not seeing too much movement for XAU/USD ahead, their Q3 forecast is towards $1800, not far from current spot.
JPM cite:
Weekly candles for the yellow rock:
Most Popular
Sponsored
CVS Health & AbbVie dip on margin/patent woes, but strong pipelines & dividends offer recovery potential.
Oil tops $100/bbl on Strait of Hormuz closure. IEA urges demand cuts via remote work & less travel. Supply shock risks $200 oil.
AVGO's P/E at 18.5 vs ANET's 31; AVGO's custom AI chip biz poised for explosive growth.
Energy ETFs surge on Iran conflict fears; Min Vol & Consumer Staples ETFs offer defense amid AI & labor market worries.
TSEM surges 31.5% on AI chip demand, hitting all-time highs. Up 335% yearly, it's a foundry play.
MSC eyes tanker market, buying 50% of Sinokor's 78 VLCCs. A major diversification play.
Oil prices surge on war jitters, hitting US economy. Analysts warn of record highs, impacting inflation.
Sponsored
Must Read