Trading news

Uncertainty keeping the yellow supported – GOLD Market Outlook – 01/12/2020

Gold crawled higher, making its way towards our long entry resistance target at 1790, supported by comments out of Fed Chair Powell who warned that significant challenges and uncertainties remain despite vaccine progress. Manufacturing data in focus today, with further upside favorable on an hourly break above 1790, targeting 1800 and 1815 resistance levels.

Support: 1760/ 1740
Resistance: 1790/ 1800

SquaredFinancial Daily Market Outlook

TRADE NOW

SquaredFinancial Review

Tuesday, 01 Dec, 2020 / 9:28

Note: Company News is a promotional service of the Directory and the content isn't created by Finance Magnates.

Source : https://www.squaredfinancial.com/learn/daily-market-outlook/uncertainty-keeping-the-yellow-supported-gold-market-outlook-01-12-2020

Trading news

 

USDCAD 5-Wave Impulse To Complete Triple Zigzag

The USDCAD currency pair forms a primary wave Ⓩ which is part of a global [...]

Posted on Wednesday, 27 Jan, 2021 / 12:54 under

Republicans U-Turn On Trump Impeachment

Dollar Slides Ahead of FOMC The dollar index closed 0.27% lower yesterday as [...]

Posted on Wednesday, 27 Jan, 2021 / 12:53 under

OIL breaking higher after a surprise drawdown in API inventories – US OIL Market Outlook – 27/01/2021

WTI Crude breached our line in the sand resistance level at $52.60 to reach [...]

Posted on Wednesday, 27 Jan, 2021 / 9:26 under