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Gold Futures are quoted at $3,386.7, stabilizing after a sharp decline from the mid-August high of $3,423.8. The market has rebounded from the weekly Buy 1 level ($3,350) and is attempting to...
After reviewing the developments to ensure a permanent peace deal between Russia and Ukraine, I anticipate that the big question of the day has been what security guarantees for Ukraine could look...
Gold’s reversal this afternoon is not happening in isolation — it is unfolding against the backdrop of a much larger time cycle that has been governing market rhythm since the September 28, 2024...
On Monday, gold edged higher, after finding stiff resistance at $3396, tested a low at $3370, just below the immediate support at the 50 DMA at $3380, resulted in the formation of a bearish hammer in...
Gold's short-term uncertainty suggests caution despite support from dollar weakness and central bank buying. Long-term RSI warns of possible cooling, as price hovers well above 200-week average. Key...
Powell’s speech could influence the US dollar by addressing interest rates, inflation, and employment. Geopolitical developments, like US-Russia-Ukraine talks, impact US dollar demand and market...
After analyzing the movements of the gold futures in a daily chart, I find that after testing a new high last Friday at $3536, gold futures found a steep slide before testing a significant support at...
On Monday, a gap-down opening by the gold futures for December looks evident enough to keep this slide steeper if the gold futures make a sustainable move below the immediate support at the 20 DMA at...
Oil prices are under pressure this morning with Presidents Trump and Putin set to meet later this week. Meanwhile, Trump failed to impose stricter sanctions on Russia despite his deadline for a...
On Thursday, while I was writing my last analysis, movements of the gold futures were looking full of suspicion as the gold bulls were trying to remain in commanding position since the end of trade...
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