Gold Price Outlook: XAU/USD Targets $1,990 on Employment Data
Gold price maintains its bullish momentum as risk sentiment improves and the US Dollar weakens. The easing concerns over a potential US default and expectations of a pause in the Federal Reserve's rate hikes support the demand for XAU/USD. However, uncertainties surrounding the passage of the US debt ceiling bill and the market's hawkish Fed expectations contribute to mixed trading conditions. Traders are closely watching US ADP Employment Change, PMI data, and political developments for clearer directions in the Gold Price.
The Beginner's Guide to Forex Technical Analysis
Forex technical analysis is the process of assessing the market conditions and choosing whether to buy or sell a specific currency pair. Analysis in the forex market is commonly divided into two main categories; Technical and Fundamental analysis.
The Beginner's Guide to Forex Technical Analysis
Forex technical analysis is the process of assessing the market conditions and choosing whether to buy or sell a specific currency pair. Analysis in the forex market is commonly divided into two main categories; Technical and Fundamental analysis.
The Wall Street strategist who called the last stock plunge says investors are foolishly ignoring one thriving corner of the market
Ed Clissold of Ned Davis Research, who called the December stock sell-off, says an overlooked middle class is thriving in the stock market.