Gold stays trapped below 2,325 after Monday’s bounce Technical signals reflect persisting caution Gold had a positive start to the week, bouncing back above its 20-day exponential moving average (EMA), but the bullish attempt was not strong enough to drive the precious metal successfully above the constraining zone of 2,325. This is where the 23.6% Fibonacci […]
Key insights from the week that was. In Australia, the RBA Board once again decided to leave the cash rate unchanged at 4.35% after reflecting on recent data. The new information included the Q4 National Accounts, which confirmed the economic slowdown broadened into year-end, and the Q4 Wage Price Index, which revealed an underlying slowdown […]
The post Cliff Notes: Four Sets of Circumstances, One Intent appeared first on Action Forex.
Share
