Yesterday was one of those days where we needed to fit a narrative to the market moves as the moves weren’t triggered by meaningful data or comments. The US 2-year yield was steady near the 4.80% level, the stocks were slow to move, the S&P500 traded slightly up, Nasdaq 100 came slightly down. Federal Reserve’s […]
Gold is trading sideways today, but close to recent highs Volatility drops as a key US data week starts Momentum indicators are less bullish at this juncture Gold is trading sideways today, a tad below its recent all-time high of 2,685. With the dollar remaining on the back foot, the market is preparing for an […]
The post Are We Getting Closer to a Gold Correction? appeared first on Action Forex.
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