Gold

The XAUUSD structure hints at a triple zigzag in the intermediate correction wave (4). It consists of minor sub-waves W-X-Y-X-Z. With the second wave X having completed fully we expect minor wave Z to send prices lower. A closer look at…
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XAUUSD tests daily resistance Gold consolidates recent gains ahead of the US jobs reports. Traders are looking for direction after the metal recouped most losses from the August sell-off. 1832 is major resistance on the daily chart.…
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EURUSD struggles as US Fed remains unfazed The US dollar resumes its rally as the Fed maintains its optimism about the economic recovery. The market’s recent jitters are a sign of indecision as traders navigate amid mixed data and…
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XAUUSD tests key resistance The US dollar’s weakness continues to fuel the gold rush. The precious metal has recouped most losses from the crash earlier this month. The rapid recovery indicates traders’ strong willingness to buy the…
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