Number of traders net-short has increased by 32.67% from last week.SYMBOLTRADING BIASNET-LONG%NET-SHORT%CHANGE IN LONGSCHANGE IN SHORTSCHANGE IN OIAUD/USDBULLISH49.85%50.15%-24.77% Daily-25.84% Weekly44.57% Daily32.67% Weekly-0.94%…
GOLD PRICE, CHARTS AND ANALYSIS:Gold prices stay close to one-month highs.Weaker US inflation has seen the more extreme rate-hike bets taken off.Still, the market looks overbought and further gains may be hard-won.
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Slightly stronger than expected U.K. GDP is keeping GBP/USD afloat so far.
Can the pair hold on to its gains when the U.S. PPI report is released?
Before moving on, ICYMI, yesterday’s watchlist looked at NZD/USD pulling back to its…