As a result of the tension between US and North Korea, safe haven assets demand increased during the previous week. Gold touched its two month high to
As a result of the tension between US and North Korea, safe haven assets demand increased during the previous week. Gold touched its two month high to finish the week at $1295. Copper and Silver followed the trend.
Oil prices pushed higher during most of the previous week, however, Thursday’s OPEC data proved higher production, leading to a trend reversal.
The technical analysis, that includes the indicators’ data and major pivot points for WTI Oil, Gold, Silver and Copper as traded on spot market as of August 13th, 2017:
