Gold price started a major increase above the $1,835 resistance against the US Dollar. The price broke the $1,850 resistance level to move into a bullish zone. Besides, there was a break above $1,860 and the 50 hourly simple moving average. The price traded as high as $1,865 and is currently correcting lower. An initial […]
The post Gold Price Moved into a Bullish Zone below $1,850 appeared first on Action Forex.
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Caterpillar shares have already had a strong run, and BofA Securities sees more upside ahead as the company benefits from power generation demand, a record backlog, and a broader recovery across parts of its machinery Read more…
EUR/USD rebounded after initial dip to 1.1653 last week, but stayed in range below 1.1848. Initial bias remains neutral this week first. Rise from 1.1408 is extended to continue as long as 1.1642 support holds. Read more…