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Gold: Tries to Recover on Thursday
The gold market had a bit of a boost on Thursday, and it looks like things are still pretty unpredictable. Right now, it's stuck between two lines called the 50-day EMA and the 200-day EMA. This means there are a lot of ups and downs ahead, but here's the thing – as long as it stays above that 200-day EMA, it's technically on an upward trend. If it goes lower, there's a support level at $1900, which is pretty important. So, traders are looking at this and thinking maybe it's a good deal, but there are some things outside the gold world to keep an eye on. One of them is interest rates in the United States. If they ... (full story)