OIL TRADES SIDEWAYS ...from carldupoin

OIL TRADES SIDEWAYS DESPITE POLITICAL TURMOIL IN POL VENEZUELA Oil prices inched up Monday as investors weighed whether political upheaval in OPEC member Venezuela would disrupt shipments after U.S. President Donald Trump seized Venezuelan President Nicolas Maduro, in a well supplied market.

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FED CHAIR POWELL SAYS HE’S UNDER CRIMINAL INVESTIGATION, WON’T BOW TO TRUMP INTIMIDATION Federal prosecutors are conducting a criminal investigation of Federal Reserve Chairman Jerome Powell focused on the $2.5 billion renovation to the central bank’s headquarters in Washington, D.C., and his related testimony to Congress, he said on Sunday evening. Powell said the probe is the result of longstanding frustration by President Donald Trump over the Fed’s refusal to cut interest rates as quickly and as much as the president has demanded. #Fed# #JeromePowell#

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XAUUSD: Calm Before a 10,000-Pip Breakout Market Context Gold has spent the week in a tight Accumulation Phase, a setup that often precedes sharp moves as institutions build positions quietly. Technical Outlook Range: Confined near $2,000–$2,070 with volatility at multi-week lows. Pattern: Coiling structure suggests explosive potential. Projection: Models point to a possible 10,000-pip ($100) move. Fundamental Drivers Fed Policy & Rates Geopolitical Risks Dollar Strength/Weakness Inflation Trends Risks False breakouts Liquidity shocks from data/events Importance of disciplined position sizing Conclusion Gold’s quiet consolidation may be the calm before the storm. A decisive breakout could unfold next week, with direction hinging on macro catalysts. #gold# #GOLDTODAY#

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U.S. forces are attempting to seize the Russian-flagged tanker Marinera (ex-Bella 1) in the Atlantic — Reuters Key Updates: - U.S. Coast Guard & P-8 surveillance aircraft are tracking the vessel south of Iceland. - Reports indicate Moscow has deployed a submarine and naval assets to shield the tanker. - The vessel re-flagged from Guyana to Russia mid-voyage to claim state protection and evade seizure. This could be the first direct US-Russia naval confrontation of 2026. The U.S. has already signaled it intends to seize, not sink, the vessel.

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