Gold is holding steady ahead of the FOMC rate decision. Such a lull is often the prologue to a good move. Gold has been moving in a broad sideways loop of $1680-$2070 after solid gains for almost two years. At the current levels near $1720, gold is consolidating near the 61.8% Fibonacci level of the […]
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Markets This morning, (Asian) markets were ‘unsettled’ as US president-elect Trump via his ‘Truth’ social network announced additional tariffs on Canada and Mexico (25%) as he assesses they don’t do enough to stop what he Read more…
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US Conference Board Consumer Confidence Index increased to 111.7 in November, up from 109.6 in October, though slightly below the expected 112.0. Present Situation Index, which reflects consumers’ views on current economic conditions, saw a Read more…