Spot gold price edges higher from new low at $1727 (the lowest since July 27) after disappointing US data on Tuesday temporarily deflated dollar, giving gold bears an opportunity to consolidate. Tuesday’s bullish daily close (the first in seven days) completed bullish engulfing pattern on daily chart generating initial bullish signal, but fresh bulls so […]
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Gold prices fell below 5,150 USD per ounce on Thursday, marking a second consecutive session of decline. Pressure on the market has intensified amid a sharp rise in oil prices, which heightens inflation risks and Read more…
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