Gold prices are down today for the second time in the past 3 days after rallying strongly in July. Prices were as high as $2074 per ounce last Friday but dipped slightly below $2000 today in the morning. This level is mostly psychological while more concrete support levels are much lower: 2011 high at $1911 and 50 and 75 moving averages currently running below $1900. Gold is still 11.5% up over the past month.
USDIDX is approaching 100-period EMA (dark purple) on M30 interval after the US Senate narrowly passed Donald Trump’s “big, beautiful bill,”...
16:15Wall Street is going back to cautious as strong labour market data and status-quo-reaffirming remarks from Fed’s Chair Jerome Powell push back the...
15:0003:00 PM BST, United States - ISM Data for June: ISM Manufacturing PMI: actual 49.0; forecast 48.8; previous 48.5; ISM...
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