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Tag: Tests
NAHB Housing Market Index Drops To 42; SP500 Tests Session Lows
More information in our economic calendar The current sales conditions fell from 50 in January to 46 in February, while…
JOLTs Job Openings Fall To 7.6 Million; SP500 Tests Session Highs
Nowadays, traders also had the opportunity to take a look at the report of the factory orders for December. The…
Gold Price Forecast: Tests Resistance – Will Bulls Push to New Highs?
Rise above 2,773 shows strength Another increase above 2,765 that is followed by a progress above that would show the…
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…