Gold price climbs as oil price holds support

Gold’s climb continues unabated, while oil is attempting to resume the bullish move seen earlier in the week.

Gold trend just keeps on going

Those looking for signs of a reversal in gold have been sorely disappointed of late.

The price has made further gains above $2000, and seems set to continue. The sequence of higher highs is still in place, with no sign of a reversal yet.

WTI eases off mid-week high

WTI enjoyed a strong first half of the week, but the past 48 hours have not seen a continuation of this bullish momentum.

Losses have been contained around $41.80 however, and a rebound from here would target $43.50 once more. A drop back below $41.50 further reinforces a more cautious outlook.

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