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Today's analysis: The Federal Reserve's interest rate decision is approaching, putting downward pressure on gold prices.
The Federal Reserve is expected to keep interest rates unchanged, which could support the US dollar and pressure gold prices if a hawkish stance is taken. Gold prices continue to decline after breaking an upward wedge pattern, with a key support level at $2250. The 14-day RSI indicates further potential decline unless prices recover above the 50-day and 21-day moving averages.
2024-06-12
Nasdaq 100 Outlook: FB, TSLA Earnings to Drive Stock Sentiment
After an abysmal earnings miss from Boeing (BA), Facebook (FB) and Tesla (TSLA) will look to prop up sentiment -particularly for the Nasdaq 100 and the tech sector.
2019-07-24
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