Gold ran with full speed on Friday to breach the descending trendline and claim a new higher high at 1,865, marking its largest daily increase since October. The precious metal opened the new week on a negative note, though the 1,850 resistance switched immediately to support, providing some relief that Friday’s bullish breakout could be […]
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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…