Gold Optimistic as $1900 Closes In!
Gold prices jumped on the back of the NFP numbers on Friday. The rising expectations of a recession in America has seen risk appetite shift quite considerably. Now economists expect the $1900 to be the next psychological level for traders, as the Core Inflation rate is not far away. Timestamps XAUUSD 01:45 XAGUSD 03:05 The […]
S&P index approaches, but closes below 200 hour MA. Monday will be a key day ahead of CPI
The US major indices are closing higher on the day and for the week. All the major indices are closing with gains over 2% on the day. For the week the gains are from around 1% to 1.5% for the major indices. The final numbers are showing: Dow industrial average rose 700.53 points o 2.13% […]