Gold remains unable to break back above $1,800/oz. but volatility may heighten as the latest Fed policy announcement, US data prints, and Big tech earnings heave into view
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Gold remains unable to break back above $1,800/oz. but volatility may heighten as the latest Fed policy announcement, US data prints, and Big tech earnings heave into view
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OPEC and its allies meet this week to reconsider their plan to ease production curbs from May 1; the risk is that the plan is put on hold due to concerns about demand, particularly from India.
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Better-than-expected economic data, falling coronavirus case numbers, and reopening optimism may continue to drive the British Pound higher against its major counterparts in the near term.
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Gold prices may turn lower if a bearish Head and Shoulders chart pattern plays out as advertised. The FOMC monetary policy announcement lines up as a catalyst.
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Learn to identify, construct and utilize trend lines; the simplest and single most important tool in your trading arsenal.
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