Gold prices rose about 0.7% on the week to trade around $1945. U.S. dollar strength and rising yields were offset by geopolitical risk and recession fears. So, near-term trading outlook for XAU/USD is neutral. The daily price is on secondary ranging to be located in the primary bullish area of the chart with near and above Ichimoku cloud for trying to break 1,949 resistance level to above for the strong bullish trend to be resumed. Alternatively, ...
The Nasdaq 100 saw its best 2-week rise since the early 2000s dot com bust, the S&P 500 and Dow Jones followed. The road ahead remains tough with US PCE and non-farm payrolls data in focus. more...
Here are stocks to buy for the coming strong week: SchlumbergerDollar Tree Stores more...
Ether prices have been trading within a very limited range today. Several market observers offer some perspective on where it might go next by providing technical analysis. more...
Consumer prices in the U.S. increased by more than anticipated in the month of July, according to a report released by the Labor Department on Wednesday. The Labor Department said its consumer price index climbed by 0.6 percent in July, matching the increase seen in June. Economist had expected consumer prices to rise by 0.3 percent. more...[/QUOTE]
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