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Monthly Archives: August 2024

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Gold Eyes Retracement Ahead of Key U.S. Data

Written on August 27, 2024 at 2:05 am, by pumarketings

Fundamental Analysis * Double Top Formation? Overall, the long-term trend for gold remains bullish, but the commodity might face a technical correction and attract bargain buying from investors ahead of several crucial U.S. economic data releases and events. In the short term, the technical chart indicates that the gold market has been forming a doubleContinue Reading

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Categories: Trade Of The Day

Weekly Live Analysis Session

Written on August 27, 2024 at 1:59 am, by alanzhu

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Categories: Webinars

Gold Surge on Heightens Middle East Tension

Written on August 26, 2024 at 5:31 am, by pumarketings

Market Summary Jerome Powell’s highly anticipated speech last Friday at the Jackson Hole Economic Symposium drove the dollar to its lowest level since last July. The Fed Chair expressed concerns about the U.S. job market and indicated confidence that the inflation rate will reach the 2% target, suggesting a dovish stance from the U.S. centralContinue Reading

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Categories: Daily Market Analysis

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