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Gold has climbed back above a key trend line. Are more gains on the way?
Gold broke above an important short-term technical level on Friday — a sign that the precious metal may be starting to regain momentum after a sluggish stretch since the start of the Iran conflict. Futures contracts tied to gold on Friday moved above their 21-day moving average, a short-term trend line traders use to judge whether momentum is improving, according to Tyler Richey, technical analyst and co-editor at Sevens Report. Gold futures also tested their 50-day moving average for a second straight session, with that trend often seen as a more important gauge of the market’s medium-term direction, Richey ... (full story)
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From kitco.com|May 9, 2026Gold traded higher on Friday amidst a weaker US dollar and despite a strong US labor market, with gold futures trading higher by $19.80 or 0.42% to close at $4,730.70. Silver ...
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From cnbc.com|May 9, 2026|1 commentChina’s export growth gathered pace in April as factories raced to meet a wave of overseas orders from buyers seeking to stockpile components amid fears the Iran war could push ...
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From @DeItaone|May 9, 2026|22 commentsPUTIN: I THINK THE UKRAINE CONFLICT IS COMING TO AN END Putin: I was informed by the Slovak Prime Minister that Ukrainian President Volodymyr Zelensky was ready to hold a direct and personal meeting Putin: We immediately agreed to Trump's proposal to extend the ceasefire and exchange prisoners
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- May 9, 2026 7:23am Posted byFundamental Analysis175
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