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Bears take a pause after a two-week decline (down 6.5%) from a record high, with gold finding support around the $2540 zone, held by the rising 100-day moving average (DMA). The price rebounded from a two-month low on Monday, as the…
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Gold remains under strong selling pressure, extending its steep post-election downtrend to a two-month low on Thursday. Reduced political uncertainty in the US and rising expectations that Trump's economic policies will significantly…
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Bitcoin’s rally continues to gain momentum, surging further after a brief pause on Tuesday, marked by a long-legged Doji candlestick, and reaching a new record high by breaking through the 92K mark. Bullish sentiment remains strong,…
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In October, US inflation rose by 0.2% month-over-month, consistent with September and meeting forecasts. The annualized inflation rate climbed to 2.6% from 2.4% in September, also aligning with expectations. Core inflation, which excludes…
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AUDUSD remains under pressure for the fourth consecutive day, though Wednesday’s decline slowed, with trading confined to a narrow range just above a three-month low. Daily technical indicators remain bearish, supporting further downside…
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The dollar index maintains a firm stance, holding above the previous peak of 105.79, though near-term trading has quieted early Wednesday in anticipation of a key economic event—today's US inflation data. The recent strong rally driven…
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The GBPUSD pair is trading within a tight consolidation range in early Wednesday sessions, as bearish momentum eases following a steep three-day decline of 1.85%. Tuesday’s break and close well below key support levels at 1.2846 (76.4%…
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Gold extended its decline to a new multi-week low on Tuesday, reaching levels not seen since September 20, following Monday’s sharp 2.5% drop. The precious metal remains under pressure in the short term, with a steep downtrend triggered…
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Bitcoin surged past the psychological $90,000 mark in early Tuesday trading, building on Monday’s 10% rally—the largest daily gain since May 15. Since Trump’s election victory, Bitcoin has maintained strong upward momentum, advancing 30%…
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EURUSD opened the week with a negative tone, dropping 0.7% by early US trading on Monday, following a 0.8% decline on Friday, marking a total loss of 2.7% since Trump's victory announcement on Wednesday. The euro also posted a weekly…
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