Gold is nearing the $3000/oz mark, potentially reaching it briefly before a pullback. Concerns about the stock market and a murky Fed outlook are driving investors towards gold. Key economic data releases this week include US GDP and PCE data. Risk aversion persisted in the markets today, as the end of February draws to a […]
The post Gold (XAU/USD) Retreats From Fresh All-Time Highs, Bulls Remain in Control appeared first on Action Forex.
Key Highlights Gold started a fresh surge above the $2,950 resistance and traded to a new record high. A key bullish trend line is forming with support at $2,930 on the 4-hour chart. Bitcoin is Read more…
Whenever a discussion turns to artificial intelligence (AI), one topic often rises quickly: which jobs will this new technology replace first? Since the rise of ChatGPT kicked off the current AI revolution, many workers have Read more…
The retail sector is facing a devasting year in 2025 if a certain data firm’s prediction comes true. Retailers have ramped up store closings since recording 1,680 closings in 2022. Retail businesses shut down more Read more…