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Crude Oil, Gold Prices Rally to Resistance With Brexit Deal Around Corner


Crude Oil, Gold Prices Rally to Resistance With Brexit Deal Around Corner
2020-12-24 06:00:00
Daniel Dubrovsky,
Strategist
Crude Oil, Gold, XAU/USD, Brexit, US Stimulus, Technical Analysis - Talking Points:
Brexit deal bets, US economic data kept market sentiment relatively upbeat
Quiet trading conditions ahead: eyes on Johnson, Trump, new virus strain
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Crude oil prices rallied over the past 24 hours, pausing two consecutive days of relatively aggressive losses. The growth-linked commodity followed a cautious recovery in market sentiment, mimicking gains in S&P 500 futures throughout the session. Meanwhile, anti-fiat gold prices also rallied, capitalizing on broad weakness in the US Dollar as it particularly lost ground to the British Pound. ....

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