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Gold in neutral mode within tentative descending channel
video Gold has been light in terms of volatility over the past two weeks, sliding sideways within a tentative downward sloping channel that remains intact since early September. The momentum indicators continue to suggest a neutral-to-bearish bias for the short-term as both the RSI and the MACD have yet to show a clear direction in the bearish area, with the former ranging below its 50 neutral mark and the latter holding flat around its red signal line. A downside reversal in the price could initially retest the area around 1,445, which is the 38.2% Fibonacci of the upleg from 1,266 to 1,556 and a support level in ... (full story)
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- From blogs.uoregon.edu|Dec 2, 2019
Data remains generally lackluster, disappointing both those still looking for a recession and those hoping for a rapid rebound. Housing remains perhaps the brightest sector as ...
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From @fxmacro|Dec 2, 2019|10 commentstweet at 12:28pm: CHINA WILL RELEASE AN "UNRELIABLE ENTITY LIST" SOON, WHICH INCLUDES RELEVANT U.S. ENTITIES. - GLOBAL TIMES TWEET, CITING A SOURCE
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From miningweekly.com|Dec 2, 2019Australian gold production declined by around 4 t, to 78 t, during the September quarter, or around 5%, compared with the previous quarter, gold mining consultants Surbiton ...
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From @globaltimesnews|Dec 2, 2019|2 commentstweet at 1:10pm: Possible retaliatory measures from China once US passes #Xinjiang-related bill: 1. Release unreliable entity list to include relevant firms 2. Blacklist relevant US people and firms to restrict their entry to China 3. Sanction US politicians behind the bill, like @marcorubio https://t.co/Klm0aFfKzF
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From uk.reuters.com|Dec 2, 2019Zijin Mining Group Co Ltd , one of China’s biggest gold miners, has signed an agreement to buy Canadian miner Continental Gold Inc , saying the purchase would increase its gold ...
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From @heisenbergrpt|Dec 2, 2019|2 commentstweet at 2:47pm: U.S. TO CONSIDER HIGHER EU TARIFFS AFTER WTO RULING, USTR SAYS
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- Posted: Dec 2, 2019 1:39pm
- Submitted by:Category: Technical AnalysisComments: 0 / Views: 137
