1-Month Treasury (DGS1MO) Measured in CFDs on Gold (US$ / OZ)

Updated
1-Month Treasury Constant (FRED-DGS1MO) Measured in CFDs on Gold (US$ / OZ) Analysis for the Past 30 Days



Overview

The 1-Month Treasury Constant (FRED-DGS1MO), measured in CFDs on Gold (US$ / OZ), has exhibited a downward trend over the past 30 days. This indicates that the implied interest rate for holding Gold futures contracts for one month has decreased. The decrease in the implied interest rate suggests that market participants are anticipating a decline in the price of Gold.

Key Trends
  • The implied interest rate for holding Gold futures contracts for one month has been trending downward for the past 30 days.
  • Market participants are expecting the price of Gold to decline in the near future.
  • Global economic conditions, such as concerns about a potential recession, could be contributing to the decline in Gold prices.


RSI (Overbought or under-bought)
  • The RSI for the implied interest rate for holding Gold futures contracts for one month is currently at 59.15. This indicates an overbought condition, suggesting that the implied interest rate may be due for a correction.


News Catalysts
  • Economic data releases, such as weaker-than-expected GDP growth and rising inflation, have raised concerns about the global economy and could be dampening demand for Gold.
  • Geopolitical tensions, such as the ongoing war in Ukraine, could disrupt Gold supplies and contribute to price volatility.


Technical Analysis
  • The implied interest rate has support at 1675.
  • The implied interest rate faces resistance at 1750.


Conclusion

The 1-Month Treasury Constant (FRED-DGS1MO), measured in CFDs on Gold (US$ / OZ), is currently in a downward trend, reflecting market expectations of a decline in Gold prices. Global economic conditions and geopolitical tensions are contributing to this trend. While the implied interest rate is overbought, suggesting a potential rebound, investors should closely monitor economic data and geopolitical developments to assess the future direction of Gold prices.



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1-Month Treasury (DGS1MO) Measured in CFDs on WTI Crude Oil (USOIL) 1-week
DGS1MO/TVC:USOIL Predictive Recession Monitor




1-Month Treasury Constant (FRED-DGS1MO) Measured in CFDs on WTI Crude Oil (USOIL) Analysis for the Past 30 Days

Overview

The 1-Month Treasury Constant (FRED-DGS1MO), measured in CFDs on WTI Crude Oil (USOIL), has exhibited a downward trend over the past 30 days. This indicates that the implied interest rate for holding WTI Crude Oil futures contracts for one month has decreased. The decrease in the implied interest rate suggests that market participants are anticipating a decline in the price of WTI Crude Oil.



Key Trends
  • Downward Trend: The implied interest rate for holding WTI Crude Oil futures contracts for one month has been trending downward for the past 30 days.
  • Anticipated Decline in Oil Prices: The downward trend suggests that market participants are expecting the price of WTI Crude Oil to decline in the near future.
  • Global Economic Conditions: Global economic conditions, such as concerns about a potential recession, could be contributing to the decline in oil prices.




News Catalysts
  • Economic Data Releases: Economic data releases, such as weaker-than-expected GDP growth and rising inflation, have raised concerns about the global economy and could be dampening demand for oil.
  • Geopolitical Tensions: Geopolitical tensions, such as the ongoing war in Ukraine, could disrupt oil supplies and contribute to price volatility.




Technical Analysis
  • Support: The implied interest rate for holding WTI Crude Oil futures contracts for one month has support at 0.50.
  • Resistance: The implied interest rate faces resistance at 0.75.




RSI (Overbought or under-bought)
  • The RSI for the implied interest rate for holding WTI Crude Oil futures contracts for one month is currently at 34.92. This indicates an oversold condition, suggesting that the implied interest rate may be due for a rebound.




Conclusion

The 1-Month Treasury Constant (FRED-DGS1MO), measured in CFDs on WTI Crude Oil (USOIL), is currently in a downward trend, reflecting market expectations of a decline in oil prices. Global economic conditions and geopolitical tensions are contributing to this trend. While the implied interest rate is oversold, suggesting a potential rebound, investors should closely monitor economic data and geopolitical developments to assess the future direction of oil prices.
Note
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