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Being short AUD futures is by no means a new idea, as traders have been met-short the currency since May last year and at a record amount in October 2021 and January 2022. Whilst gross shorts remained effectively flat last week, gross longs ...
A stronger USD, prompted by the Trump probe, has seen metals under pressure with gold shedding over -1.8% by the close. Whilst prices have remained supported above 1,480 the potential for near-term weakness seems apparent, given yesterday’s 2-bar ...
Price action on the gold/silver ratio suggests a correction could be underway, to Silver’s advantage. It goes without saying that gold has had a stellar couple of months and, given the backdrop of global negative yields and the potential for a Fed ...