Confirming you are not from the U.S. or the Philippines

By giving this statement, I explicitly declare and confirm that:
  • I am not a U.S. citizen or resident
  • I am not a resident of the Philippines
  • I do not directly or indirectly own more than 10% of shares/voting rights/interest of the U.S. residents and/or do not control U.S. citizens or residents by other means
  • I am not under the direct or indirect ownership of more than 10% of shares/voting rights/interest and/or under the control of U.S. citizen or resident exercised by other means
  • I am not affiliated with U.S. citizens or residents in terms of Section 1504(a) of FATCA
  • I am aware of my liability for making a false declaration.
For the purposes of this statement, all U.S. dependent countries and territories are equalled to the main territory of the USA. I accept full responsibility for the accuracy of this declaration and commit to personally address and resolve any claims or issues that may arise from a breach of this statement.
We are dedicated to your privacy and the security of your personal information. We only collect emails to provide special offers and important information about our products and services. By submitting your email address, you agree to receive such letters from us. If you want to unsubscribe or have any questions or concerns, write to our Customer Support.
Octa trading broker
Open trading account
Back

Gold Price Forecast: XAU/USD target range for 2023 set at $1,900 to $2,000 – Wells Fargo

While the commodity bull super-cycle has us positive on Commodities generally, strategists at Wells Fargo are neutral on the Precious Metals sector, which includes Gold. 

Gold under pressure

“Gold has positives, but its negatives have been directing prices for some time now. The Dollar's 2022 ascent to a 20-year high was Gold's most potent negative, but the 2023 flattening and then reversal lower in the Dollar's value that we expect should relieve some pressure on Gold.” 

“Other positives that may help in 2023 are a favorable supply/demand balance and oversold price conditions (cheap versus other commodities and negative investor sentiment).” 

“Our 2023 target range of $1,900 to $2,000 reflects in-line commodity performance plus a bit extra, while Gold appears oversold. We caution investors, though, not to be too aggressive with Gold until it shows better price action.”

 

US: Weekly Initial Jobless Claims rise to 225K in week ending December 24

There were 225,000 initial jobless claims in the week ending December 24, the weekly data published by the US Department of Labor (DOL) showed on Thur
Read more Previous

USD/CAD’s rebound from 1.3485 loses steam above 1.3600

The US Dollar is treading water in the vicinity of 1.3600 on Thursday, following a solid recovery on Wednesday. The pair’s run-up from 1.3485 was capp
Read more Next