Traders’ Weekly Playbook: Rising Risk Appetite Into a High-Impact December
From pepperstone.com
Commodity markets attract close attention with CME pricing resuming normal service and with full price discovery and liquidity in check we'll see if traders attempt to fade the move in the session ahead or join the party. The focus on XAGUSD and XAUUSD has intensified, with spot silver running red hot to new highs. Natural gas broke to new cycle highs in emphatic style, and dips look likely to be shallow and well supported as higher levels manifest. Cocoa ripped 7% higher on Friday in a move that may signal a reversal of the long-term bear trend. The Russell 2000 put in the most impressive performance of the major ...
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