Gold Price Forecast: Gold Grasps for 1700 Following Five-Week-Plunge
Gold prices are grasping to keep grip of support at the 1700 handle. Two-year-lows are nearby and vulnerable - will Gold bears take their swing now or wait til after a retracement?
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Gold prices are grasping to keep grip of support at the 1700 handle. Two-year-lows are nearby and vulnerable - will Gold bears take their swing now or wait til after a retracement?
Australian Dollar has held downtrend support for nearly four weeks- moment of truth for the bears. Levels that matter on the AUD/USD weekly technical chart.
S&P 500 has plummeted into a key technical pivot zone at the monthly lows- looking for possible price inflection here. The technicals that matter on the SPX500 charts.
The Dollar reversed on Friday in the face of a generally bullish NFP report; some weakness in the days ahead looking likely.
It was a busy week for the Greenback and the currency continues with a bullish scope as the Fed remains the most hawkish game in town.