Crude Oil Approaches Channel Top, Gold Bounces Back Despite Investor Liquidation

Crude Oil Approaches Channel Top, Gold Bounces Back Despite Investor Liquidation
Crude oil continues to move within the now well-established upward trend, as bearish fears slowly fade into the background. Gold’s recent positive correlation with risk appetite continued on Thursday.

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Related posts:

1. Crude Oil Climbs Toward $80, Gold Once Again Aiming for All-Time Highs
2. A Quiet Day for Sentiment Translates into a Meaningful Reversal for Crude
3. Forex: USD/JPY bounces at 93.30 and approaches day high at 93.98
4. Oil Consolidates Below $70, Gold Prices Find Support
5. Light Crude 06-11

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Tags: approaches, back, bounces, Channel, Crude, Despite, Gold, Investor, Liquidation

This entry was posted on July 26, 2010 at July 26, 2010 and is filed under Forex News. You can follow any responses to this entry through the RSS 2.0 feed.