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ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
On the H4 chart of XAU/USD, a consolidation range has formed above 2346.00, with the ongoing development of the third wave of decline aiming for 2262.22. The local target for this wave at 2296.96 has been reached. Today, a corrective move towards 2346.00 is expected, followed by an anticipated further decline to 2262.22. This bearish scenario is supported technically by the MACD indicator, whose signal line is below zero and is trending downwards towards new lows.
ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
FOX Business' Stuart Varney discussed whether President Biden is capable of dealing with the nation's economic realities as inflation and high food prices persist.
An unexpected bump up in inflation is giving former President Trump more ammunition to fire at President Biden as the two face off in their 2024 election rematch.