Gold has been one of the clearest examples of why structure should come before headlines. The advance from the 2022 low has developed impulsively, producing the characteristics expected from a five-wave Elliott Wave sequence. After the powerful wave (III) advance, Gold has entered the corrective wave (IV) phase shown on our weekly chart. The important […]
The post Gold Next Target at $5,992–$6,627: the Inverse 1.236–1.618 Extension of Wave (Iv) appeared first on ActionForex.
China’s private manufacturing sector strengthened in August, with RatingDog China General Manufacturing PMI rising from 50.9 to 51.5, a two-month high and ninth consecutive reading above 50. New orders increased for a 15th straight month, Read more…
Japan’s manufacturing sector strengthened further in August, with PMI Manufacturing rising from 54.5 to 54.9, marking an eighth straight month of improvement and the second-highest reading since January 2022. New business expanded at the fastest Read more…
Australia’s manufacturing sector held in modest expansion in August, with PMI Manufacturing unchanged at 52.0. Underlying demand strengthened, however, as new orders rose at fastest pace since January and new export orders returned to growth Read more…