Nasdaq 100 Technical Outlook Deteriorates, Last Chance to Rally
The NDX was looking like it wanted to continue a recovery bounce, but that outlook is in serious jeopardy if it can't hold nearby levels.
Source: dailyfx.com
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Gold Q3 Fundamental Forecast: Outlook Deteriorates for Gold Prices
Gold Q3 Fundamental Forecast: Outlook Deteriorates for Gold Prices Advertisement Q3 Gold Forecast Overview: Shifts in the US Treasury yield curve, on balance, suggesting a period with stronger short- and intermediate-term rates, has been consistent with a stronger US Dollar and weaker gold prices. The expectation that the combination of loose monetary policy and expansionary fiscal policy will soon end has started to strengthen, for two main reasons. Over the past five years, gains by US real yields have been generally correlated with losses by gold prices. Rising US Real Yields are Problemat...
Source: dailyfx.com