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Tag: Decline
DXY Analysis: Dollar Targets 108.00 as Bitcoin Plunges and Gold Sees Weekly Decline on Inflation Data
Traders in the longer term focus on the 200-day advancing average on 104,990. This means that they expect more weakness,…
Gold News: Modest Post-Holiday Gains Offset by Worst Monthly Decline Since 2023
Daily US Dollar Index (DXY) The dollar index fell to its lowest since November 12, providing temporary support for gold.…
Hang Seng Index Down as China’s Inflation Decline and Stimulus Hit Market Sentiment
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Gold Price to Decline Based on Bond Yield Moves
I have highlighted two very different periods: a period when gold formed multi-year cup-and-handle patterns. That was around the bottom…