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Gold is trading around 2,910 USD per troy ounce on Wednesday, pausing after the previous day’s growth. The temporary slowdown comes as rising US Treasury bond yields exert pressure on prices. Key drivers influencing gold prices Despite this pause, gold remains near its record highs, supported by strong safe-haven demand amid escalating trade tensions. On […]

The post Gold Poised for a Rally as Support Builds from Multiple Factors appeared first on Action Forex.

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22/01/2024

Nasdaq-100 Wave Analysis

Nasdaq-100 broke resistance level 16930.00 Likely to rise to resistance level 17500.00 Nasdaq-100 index recently broke the key resistance level 16930.00, which stopped the previous impulse waves (1) and 1. The breakout of the resistance level 16930.00 accelerated the active minor impulse wave 3 of the higher order impulse sequence (3) from the start of […]
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