ORBEX: Trump Dents Markets Days Before OPEC+
In today’s market insights I talk about the massive Trump sell-off seen in the markets following his comments that a phase 1 trade deal could be now dragged later than the 2020 election.
Gold and Oil were affected by the pessimistic rhetoric as participants received the delay announcement!
The yellow metal appreciated while Crude oil jaw-dropped days ahead of the critical OPEC+ meeting in Vienna.
Watch me analyse the two #Commodities and what I expect in the short and medium-term using #ElliottWaves!
Timestamps
XAUUSD 1H 01:40
WTI 1H 04:15
Stavros Tousios
Head of Investment Research
Orbex
This analysis is provided as general market commentary and does not constitute investment advice.
Gold and Oil were affected by the pessimistic rhetoric as participants received the delay announcement!
The yellow metal appreciated while Crude oil jaw-dropped days ahead of the critical OPEC+ meeting in Vienna.
Watch me analyse the two #Commodities and what I expect in the short and medium-term using #ElliottWaves!
Timestamps
XAUUSD 1H 01:40
WTI 1H 04:15
Stavros Tousios
Head of Investment Research
Orbex
This analysis is provided as general market commentary and does not constitute investment advice.
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