A Friday tweet by Trump was  flagged by Twitter for violating its rules about "glorifying violence," called protestors "THUGS" and used the phrase, "when the looting starts, the shooting starts." Axios has noted that over the past … [Continue reading]

The troy ounce of the precious metal closed the week virtually unchanged near $1,730 after staging a decisive rebound in the second half of the week. Although the XAU/USD pair seems to be struggling to find direction since surging to fresh multi-year … [Continue reading]

The Canadian economy squeezed by an annualized rate of 8.2% in the first quarter of 2020, better than -10% expected. Quarterly, Gross Domestic Product (GDP) squeezed by 2.1%. Most of the downfall occurred in March, with a drop of 7.2%, better than … [Continue reading]

Risk-averse market environment helped gold find demand on Friday. The daily RSI suggests that bullish momentum is building up. The XAU/USD pair closed the first three days of the week in the negative territory and lost nearly 1.5% during that period. … [Continue reading]

AUD/JPY is trading in 12-week highs as the risk-on sentiment in Wall Street remains buoyant. AUD/JPY ends the month of May by finally breaking above the 71.75 resistance. AUD/JPY four-hour chart AUD/JPY is printing higher highs and lows as the … [Continue reading]