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01 Mar 01.54
Brent reaches week's high (~$83/bbl) amid netural US PCE reading
Brent crude briefly dipped below its 200-period Simple Moving Average (SMA) of $81.913 on Thursday, March 29th, before rebounding to $83 per barrel following the release of the US Personal Consumption Expenditures (PCE) data.
01 Mar 09.40
XAUSUD might be headed towards it’s best monthly close
XAUUSD is moving higher towards $2050 after US PCE reading came in line with expectations. If growth continues, gold may see the highest close in a month.