The energy ceasefire was being called worthless less than two days after it was announced. With Zelenskyy making this statement, the market will have to reprice risk.
$CL is now at 91.94, up 0.95 over the past 24 hours. Don’t dismiss that gain of less than a point—oil prices have always been slow to react to geopolitical news. During the day, the market acts unfazed; by night, it remembers it should be rising. As long as energy infrastructure remains within striking range, the supply-side premium won’t ease, and $CL is clearly more likely to move up than down. If you’re watching one thing, watch whether it can hold above 92.
$XAU , meanwhile, is calm at 4192.98, barely moving, down 0.08%. That’s interesting—the safe-haven money hasn’t flowed into gold today, which suggests the market hasn’t reached the point of panic. But that’s exactly what makes this a window of opportunity. Once the news sinks in, gold often catches up faster than oil, because it doesn’t need a supply-and-demand rationale—just sentiment.
My view is straightforward: $CL looks bullish in the short term, while $XAU is a position to accumulate ahead of a potential move. Ceasefires like this exist on paper—don’t take them too seriously.
#Gold
$CL is now at 91.94, up 0.95 over the past 24 hours. Don’t dismiss that gain of less than a point—oil prices have always been slow to react to geopolitical news. During the day, the market acts unfazed; by night, it remembers it should be rising. As long as energy infrastructure remains within striking range, the supply-side premium won’t ease, and $CL is clearly more likely to move up than down. If you’re watching one thing, watch whether it can hold above 92.
$XAU , meanwhile, is calm at 4192.98, barely moving, down 0.08%. That’s interesting—the safe-haven money hasn’t flowed into gold today, which suggests the market hasn’t reached the point of panic. But that’s exactly what makes this a window of opportunity. Once the news sinks in, gold often catches up faster than oil, because it doesn’t need a supply-and-demand rationale—just sentiment.
My view is straightforward: $CL looks bullish in the short term, while $XAU is a position to accumulate ahead of a potential move. Ceasefires like this exist on paper—don’t take them too seriously.
#Gold