PRESS REVIEW – Monday, June 22: Papers discuss the expected departure of British Prime Minister Keir Starmer. In France, the brutal heatwave didn’t stop the massive street party, Fête de la Musique. Also: AI-generated influencers are flooding social media. Finally, can online chess mania replace doomscrolling?
The Dow managed to test the resistance zone of 52000-200 which could lead to a potential Rising Wedge formation that can create a correction scenario. Prices managed so far to drop towards the 51300 zone. Above 52200 a chance for
Gold managed yesterday to hold below the resistance of 4220-45 and reached 4130 earlier today. As we see from the previous chart, prices still have a chance for a trading zone between support 4100 and resistance 4220. Below 4100, more
Crude Oil managed to re-test the resistance of 79.20 last week before the market dropped as the deal to end the war between Iran and US is still valid. Targets are still towards pre-war levels around the 68.00 zone. Above
