Wednesday, October 23, 2019
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Technical Analysis – Gold looks to be forming a triangle

Gold looks to be forming a triangle after a neutral week. Gold continued to trade along with the downward-sloping trend-line following the negative breakout of an ascending channel, despite closing neutral last week. Traders may maintain neutral behavior in the short-term according to the flattening RSI and MACD, probably keeping the market below the descending

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Technical Analysis – Gold consolidates, capped by SMAs

Gold buyers are attempting to tackle the converging simple moving averages (SMAs) in the sideways market. The 20-period SMA, from a flattened state, deflected off the horizontal 100-period SMA completing a bearish crossover of the 50-period SMA, suggesting that the commodity is leaning more towards a short-term negative outlook. The short-term oscillators

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Weekly Market Outlook | Econ Alerts

Weekly Market Outlook: 19th – 23rd Aug 2019

The summer lull will continue into next week as economic releases will remain sparse. However, central bank minutes and the annual gathering of central bankers at the Jackson Hole Economic Symposium should generate plenty of headlines ahead of expected policy easings in September. Trade and geopolitical tensions will also come

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