Trading strategies for lead and crude oil by Tradebulls Securities

Lead is in overbought zone as RSI_14 is at 74, but there is no reversal chart pattern on the daily scale or divergence on momentum indicator

Gold prices have dropped below $1,800 to nearly 2-week low on strength of US Dollar and rise in US Treasury Yields. The price of gold appears to reverse course after its failed attempt at the start of the February to test its recent high of $1,872. The US 10 year Treasury yield is back to pre-Covid rates and, to be fair, there are plenty of factors supporting higher treasury yields like inflation expectation, elevated energy prices, record high equity prices and progress towards US President Joe Biden’s stimulus deal. All these factors are pushing gold prices down and we expect