Gold

Daily Forex Market Preview, 18/10/2018 The Fed released its meeting minutes yesterday covering the monetary policy meeting from September. Officials maintained the view that further gradual rate hikes were necessary. The hawkish tone of…
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Daily Forex Market Preview, 17/10/2018 China's headline inflation rose 2.5% on the year ending September. This was a modest increase from August inflation rate which touched 2.3%. However, producer prices index data rose at a slower pace…
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As we advised yesterday and as we see over our previous chart Gold managed to broke above resistance levels where market closing from our target and resistance zone 1235-40 As long as Gold holding trades below this zone 1235-40…
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Daily Forex Market Preview, 16/10/2018 Data from the Eurozone was quiet during the day. The NY session saw the release of the retail sales report. Headline retail sales rose just 0.1% on the month. This was below the estimates of 0.7% and…
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Daily Forex Market Preview, 15/10/2018 The U.S. Dollar index managed to post recovery as price action turned slightly bullish on Friday. However, the price was contained within Thursday's range. The German final inflation report showed…
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Daily Forex Market Preview, 10/10/2018 Economic data on the day showed that Japan's economy watchers sentiment rose to 48.3. This beat estimates of 47.3 but was weaker than the previous month's 48.7. The German trade balance data showed…
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Some analysts have been recently speculating that gold might have hit a medium-term bottom (or, at least, near to it), and projected to increase over the next several quarters. Let's have a look at some of the reasons that have been given.…
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Daily Forex Market Preview, 08/10/2018 Australia released its retail sales report. Data showed that retail sales increased 0.3% on the month, matching estimates. In Japan, the household spending report showed a 2.8% increase on the year.…
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Daily Forex Market Preview, 05/10/2018 The U.S. Dollar was seen giving up some of the gains on Thursday. Price action retreated after a strong rally during the previous days. Economic data on the day was mostly limited. Australia’s trade…
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Daily Forex Market Preview, 04/10/2018 The U.S. Dollar was seen maintaining the gains on Wednesday. The USD Index was seen rallying to a fresh one month high on an intraday basis. Economic data on the day showed that the Eurozone's final…
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