Bernstein Names IAG, Ryanair as Top European Airline Stocks Ahead of Earnings 
Goldman Sachs Raises USD/JPY Forecast, Sees Yen Weakness Persist Through 2027 
State of emergency in Crimea as Ukraine focuses pressure on ‘jewel in Putin’s crown’ 
Buy the Dip: Gold Holds Strong at $3980, Targets $4150 
Bank of America Upgrades T-Mobile to Buy, Says LEO Satellite Fears Are Overdone 
USA at 250: the Black American struggle for life, liberty and the pursuit of happiness 
JPMorgan Cuts Gold Price Forecast, Sees Bullion Reaching $4,500 by End of 2026 
Citi Raises TSMC Price Target as AI Chip Demand Strengthens Growth Outlook 
Alcohol is one of the most dangerous drugs, yet its presence is ubiquitous in social settings and celebrations 
 - EconoTimes)
Metals are trading in red post FOMC. Performance this week at a glance in chart & table -
Gold -
- Gold was rejected at $1100 mark however finding bids around $1080 mark. Today's range - $1098-$1082.
- Gold is likely to trade with downside bias, however a sustained push below $1050 is unlikely
- Gold is currently trading at $1089/troy ounce. Immediate support lies at $1060 and resistance at $1120 area.
Silver -
- Silver is better performer than gold this week, but downside bias persists. Today's range $14.86-14.62
- Silver is currently trading at $14.75/troy ounce. Support lies at $14 & resistance at $16. $15 is likely to pose interim resistance, whereas $14.5 remains interim support.
Copper -
- Copper dropped again today, as Chinese market fell despite government intervention. Today's range $2.42-2.35.
- Next target is around $2.24, however correction might be larger.
- Copper is currently trading at $2.38/pound, immediate support lies at, $2.2 & resistance at $2.65.
|
Gold |
-0.89% |
|
Silver |
+0.90% |
|
Copper |
-0.29% |
