Gold reversed from support zone Likely to rise to resistance level 1825.00 Gold today reversed up from the support zone located between the key support at 1790.00 (which has been reversing the price from December) and the lower daily Bollinger Band. The upward reversal from the support zone is currently forming the daily Hammer candlesticks […]
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RBA Governor Michele Bullock pushed back against the market’s initial interpretation of a divided board, emphasizing that the 5–4 split in the decision on today’s 25bps hike reflects a debate over “timing” rather than “direction”. Read more…
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RBA delivered a widely expected 25bps hike to 4.10%, but the real surprise lay in the 5–4 split decision, exposing a deeply divided board. The narrow margin suggests that while policymakers are concerned about inflation, Read more…