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WTI Oil: On Track for a Potential Recovery After 2-month of 12% Decline

Since its last Friday, 24 May low of US$76.60, the West Texas Oil (a proxy of WTI crude oil futures) has rallied by 5.7%, a 3-day consecutive upmove to hit a current intraday high of US$80.86 at this time of the writing. ....

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Gold: Potential Bullish Breakout from 6-Week Range

Since our last analysis, Gold (XAU/USD) has traded sideways and held firm above the prior US$1,997 key short-term support and its upward-sloping 50-day moving average. ....

Red Sea , Djibouti General , Dario Caldara , World Geopolitical Risk Index , Macro Micro , Southern Israel , Middle East , Global Geopolitical Risk Index ,

Gold: Potential bullish breakout from 6-week range

Gold (XAU/USD) may see a bullish breakout above US$2,090 supported by a lower US 10-year Treasury real yield and rising geopolitical risk ....

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