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The price of gold slipped below the 50-Day SMA for the first time since February as it extends the decline from the monthly high ($1998), and the update to the US Personal Consumption Expenditure (PCE) Price Index may drag on bullion as the Federal Reserve’s preferred gauge for inflation is expected to downtick for the first time since August. The H4 intra-day price is below 200 SMA by crossing 1936 support level to below for the primary ...
The Australian Dollar made an 18-month low in January, eclipsing the November 2020 nadir of 0.6991 by a small margin. The weekly price is breaking Ichimoku cloud to below for the primary bearish reversal to 0.7165 and 0.7086 possible bearish targets. more...
Here are the long and short recommendations for the month of April. ChevronVISAAmerican ExpressMicrosoftCoca ColaApple We can see that VISA has been trading for 14 years and has risen in almost 79% in all the months of April. The average return has been 5.38% and the expected return is 4.23%. more...
Walgreens Boots Alliance (NYSE: WBA) is scheduled to report its fiscal Q2 2022 results on Thursday, March 31. We estimate Walgreens’ Valuation to be $53 per share, which is 13% above the current market price of $47. more...
Xpeng’s stock has rallied by over 15% over the last week (five trading days), compared to the S&P 500, which rose by 2.5% over the same period. The gains in Xpeng come amid a broader rally in American depositary receipts of Chinese companies after a report in the Chinese state media indicated that.. more...
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