More information in our Economic Calendar. What do declining unemployment claims signal? Initial jobless claims fell to 220,000, reflecting the…
Close below 2,605 confirms bearish signal A daily close below the 2,605 support level will confirm today's bearish signal and…
How will inflation set the Fed's tone? Recent inflation data has made the Fed's outlook more complex. The Consumer Price…
50 days MA resistance The area to watch for potential resistance is around the 50-day MA, as a daily close…
Like gold, silver's strength comes from expectations of Fed easing, a softer dollar and safe-haven buying, although both metals see…
Declines below key levels are bearish Although last week's rally was sustained and saw gold prices regain an ascending trend…
Successful test of 20-day MA resistance is bearish While silver is encountering resistance just below both the 20-day and 50-day…
Gold – Chart Gold (XAU/USD) is trading at $2,635.63, up 0.14%, and remains above the pivot point at $2,625.43. The…
Inflation data and dollar strength are weighing on silver The dollar's recent rally has intensified due to sticky US inflation…
Fed cuts interest rates and signals a cautious approach The Federal Reserve cut rates by 25 basis points on Thursday,…
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