"Gold prices dropped from $1227 on Friday to $1202 per ounce on Monday which was slightly above the top end of the $1190 price zone. Could it be possible Monday’s price action was the secondary reaction we were looking for? Possibly, but be mindful that it may still be coming. Therefore, the door is still open for a rejection between current levels and $1291 which may lead to a sell off towards $1167-$1190 per ounce." "The bottom line is ...
Trading the News: U.S. Gross Domestic Product (GDP) The preliminary U.S. 4Q Gross Domestic Product (GDP) report may produce headwinds for the greenback and spark a near-term a rebound in EUR/USD should the report highlight a slowing recovery in the world’s largest economy. What’s Expected: Why Is This Event Important: Even though the U.S. approaches ‘full-employment,’ a marked downward revision ...
In an interview with Kitco News, Harry Tchilinguirian, global head of commodity markets strategy at BNP Paribas, said that the bank is in no hurry to change its forecast and there is still a possibility for gold to drop below $1,000 an ounce. In January, the firm said that it expects gold prices to average $980 an ounce this year and $860 in 2017; and, Tchilinguirian said that fundamentally nothing has changed. In fact, the ...
Chase Rice has revealed some new details about his upcoming Back to College tour. The run is set to kick off at Florida Gulf Coast University on April 14 and will run through May 6 when he'll close at Western Connecticut State. "We wanted to take our time with this new album, and I want to put the good, the bad and all the grit in between into these songs," Rice says in a press release. more...
It seems that Samsung has a new wearable prepared for the MWC. This is what we know by intuition after seeing the leaked images of called "Triathlon", a bracelet that would be alike very much the current Gear S2, but that would center its capacities on the world of the sport and the healthy life. It would have the already well-known revolving ring, and would work ...