Daily price broke Ichimoku cloud for the reversal from the primary bearish to the primary bullish market condition: price was stopped near the upper border of the cloud - Senkou Span line which is the virtual border between the primary bearish and the primary bullish trend on the daily chart. Absolute Strength indicator is estimating the ranging market condition, and Trend Strength indicator is evaluating the trend as the bullish condition to be in near future for example. If D1 price ...
Gold Trades Below 2-Month High as Investors Weigh U.S. Recovery Gold traded below a two-month high as investors assessed the U.S. economic recovery and the impact on borrowing costs amid signs of slowing physical demand. Bullion for immediate delivery lost as much as 0.3 percent to $1,313.98 an ounce, and traded at $1,314.94 at 2:01 p.m. in Singapore, according to Bloomberg generic pricing. Gold rose to $1,322.12 on June 20, the ...
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