| Updated: 
The precious metal gold is trying to violate the symmetric triangle pattern and gain support at 1,919 level. Overall, the trading bias seems bearish as the dollar is getting stronger amid a positive NFP report from the last week. Checkout the gold price forecast to learn more about the trade setup.
TradingPedia.com is a financial media specialized in providing daily news and education covering Forex, equities and commodities. Our academies for traders cover Forex, Price Action and Social Trading.
Tech Rebound Boosts Nasdaq to 17,648, S&P 500 Rises 0.49% to 5,599 Key momentsWall Street has experienced a surge of renewed confidence, with the Nasdaq Composite climbing to 17,648.45 and the S&P 500 rising to 5,599.30.
The release of the CPI data, showing a moderate 0.2% increase in consumer prices, […]
Fastly Inc to slash global workforce by 11% Fastly Inc (NYSE: FSLY) said on Thursday that it intended to cut its global workforce of full-time employees by 11%, as part of a restructuring initiative.According to a regulatory filing, Fastly Inc expects to incur a charge of $9.5 […]
USD/CHF retreats during late US trade on Friday, nearing three-week lows US dollar traded in proximity to lows unseen in three weeks against the Swiss franc during the late phase of US session on Friday, as safe haven demand for the greenback was pressured, because investorsoptimism increased following the release […]
Grain futures lower, corn drops amid favorable conditions Grain futures were mixed on Wednesday with corn and wheat tumbling more than 1%, while soybeans remained fairly unchanged but still traded lower.On the Chicago Board of Trade, corn futures for September delivery traded at $5.3713 per […]
Gold trading outlook: futures attempt to extend Tuesday’s gains ahead of US data string, Fed speakers On Tuesday (in GMT terms) gold for delivery in December traded within the range of $1,218.6-$1,231.4. Futures closed at $1,224.5, rebounding 0.23% compared to Monday’s close. It has been the 178th gain in the past 381 trading days. The […]
Facebook shares touch a fresh record high on Wednesday, company unveils paid news feature According to a report by TheStreet, Facebook Inc (FB) intends to test a subscription and metered paywall service on its platform in October. The companys plans were revealed during an industry conference on July 18th by Campbell Brown, […]