Gold came under renewed pressure in the second half of Thursday’s session, before bouncing mildly off its lows at the time of writing. Can the metal make a fully recovery and resume higher, or will investors continue to punish the non-interest-bearing commodity? The metal had been consolidating in a tight range over the past few […]
The post Gold Drops But Will It Find Some Love Again? appeared first on Action Forex.
Bitcoin is in a “transition phase,” consolidating below $70,000 after retreating from $71,000, however the recovery lacks the “ingredients of a decisive bullish turn”. Despite accelerating institutional inflows into US Spot Bitcoin ETFs, the average Read more…
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Key Highlights GBP/USD started a recovery wave above 1.3380. A major bearish trend line is forming with resistance at 1.3450 on the 4-hour chart. Crude oil prices saw heavy swing moves above the $80.00 pivot Read more…