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Gold cracked $3400 barrier in fresh acceleration that pushed the price to the highest in almost one month, dragged by today’s strong rise in silver price Probe through significant barriers at $3400 zone (former recovery top / psychological / Fibo 76.4% of $3500/$3120 correction) is about to generate fresh bullish signal, which requires close above […]

The post XAU/USD: Gold Hits One-Month High on Probe Through Strong $3.400 Resistance Zone appeared first on Action Forex.

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08/10/2024

Markets Apparently Not Convinced Measures Able to Profoundly Change Fortunes for Chinese Economy

Markets Investors yesterday continued to adapt positions in the wake of Friday’s impressive payrolls beat. The Fed recently indicated that inflation has cooled enough to the turn the focus to supporting growth and protecting a strong labour market. However, Friday’s payrolls and other US data of late are raising the question whether/how much support the […]
25/10/2024

What’s Normal, Anyway?

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Stubbornly High Inflation Doesn’t Allow RBA to Cut Interest Rates Anytime Soon

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