Key Highlights Gold started a fresh increase from the $2,535 support. It broke a major bearish trend line with resistance at $2,630 on the 4-hour chart. Oil prices are recovering and might rise toward the $72.50 resistance. EUR/USD is consolidating losses near the 1.0520 level. Gold Price Technical Analysis Gold prices remained well-bid near the […]
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Yesterday offered a moment of relief for some investors amid the Trump euphoria sweeping through the markets. The nomination of Scott Bessent for Treasury Secretary resonated well across investment communities as the man – who Read more…
In focus today Tonight, FOMC will publish minutes from its November meeting. Markets remain divided over whether the Fed will continue cutting rates in December, so any clues about the most likely policy rate path Read more…
Daily Pivots: (S1) 1.0453; (P) 1.0492; (R1) 1.0534; More… Range trading continues in EUR/USD and intraday bias remains neutral. More consolidations could be seen above 1.0330 temporary low but further decline is expected as long Read more…