Gold

Daily Forex Market Preview, 28/08/2018 The U.S. dollar continued to extend the declines from last week. Economic data was sparse and the weaker greenback sent the euro higher on the day. The gains came as signs of easing global trade…
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Gold manged also to sustain rebound correction where managed last week to test 1208 zone Intraday Levels showing support around 1195 where as long as market holding above more advance to test 1220-25 zone is expected below 1195 market…
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Daily Forex Market Preview, 27/08/2018 The U.S. dollar index was seen giving back the gains on Friday, following the speech by the Fed chair Jerome Powell at the annual Jackson Hole Symposium. The dollar index fully gave up the gains…
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Daily Forex Market Preview, 24/08/2018 The U.S. dollar was seen recovering from the losses on Thursday. The reversal came following the release of the FOMC meeting minutes. Economic data on the day showed that the ECB officials were…
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Daily Forex Market Preview, 23/08/2018 The U.S. dollar was trading flat on Wednesday. Economic data was most limited. The Fed released its monthly meeting minutes. The minutes showed that officials were concerned about the impact of trade…
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Daily Forex Market Preview, 22/08/2018 The U.S. dollar continued to extend the declines on Tuesday although price action was mostly subdued. The declines came following the U.S. President Trump’s interview with Reuters. During the…
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In this episode, Richard is following up on his previously posted “Trends And Reversals – Patterns And Correlations” article, in which a spike in volatility was underlined, as a possibility, along with a chance for the Market to commence a…
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Daily Forex Market Preview, 17/08/2018 Australia's wage report showed that the unemployment rate fell 5.3% in July. The decline came on a slight decrease in the participation rate. Data showed that the economy lost a net 3.9k jobs. This…
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Daily Forex Market Preview, 16/08/2018 The U.S. dollar was seen trading a bit subdued on Wednesday. However, price action was seen staying firm for the most part. Economic data over the day saw the Australia wage price index. For the…
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Gold remains in a downtrend after breaking below 1236, with key resistance at 1245; holding below this level points to a drop toward 1100 Support Resistance Level 1 1180 1190 Level 2 1172 1205 Level 3 1146…
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