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Composite PMI Misses Expectations; SP500 Tests Session Highs
More information in our economic calendar The report showed further signs of easing cost pressures in December. Business confidence increased…
Gold News: XAU/USD Tests 50-Day Moving Average – Breakout or Pullback Ahead?
Gold is supported by the softer dollar and safe haven demand Earlier in the session, gold hit a three-week peak,…
Gold Price Forecast: Tests Trendline Resistance Amidst Bearish Channel Pressures
Short-term strength in counter-trend rally Nevertheless, the trendline closely coincides with the 20-day MA indicated as resistance at the recent…
Michigan Consumer Sentiment Rises To 74.0; SP500 Tests 6100
Inflation expectations for the coming year rose from 2.6% in November to 2.9% in December, reaching a six-month high. Long-term…
ISM Services PMI Drops To 52.1; NASDAQ Index Tests Historic Highs
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Gold Price Forecast: Buyers Hold Ground as Gold Tests Critical Price Levels
Test resistance around 20 days MA The 20-day MA had done a good job of defining trend support before the…
Silver (XAG) Daily Forecast: Eyes on US PPI Data as Silver Tests $31.50
Despite stronger-than-expected US inflation data, the possibility of additional rate cuts remains a key factor supporting silver's positive momentum. Market…