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Gold’s Mid-Day Turnaround Brings $140 Gain on Thursday
Gold futures opened Thursday’s session in a state of near-complete inertia. For the first eight hours of trading, price action was essentially flat, printing two consecutive doji candles on the 4-hour chart — a classic sign of indecision in which neither bulls nor bears were willing to commit. Drilling down to an hourly chart tells the same story in sharper relief: across the first 13 hours of the session, the price shifted a mere $5, opening at $4,094 and settling at $4,101 as of 7:00 PM ET. For a market that has been gripped by volatility all week, that kind of stillness was striking. To understand Thursday’s ... (full story)
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- Jun 11, 7:54pm | 5 hr ago Posted byFundamental Analysis75
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