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Mid-Week Technical Outlook: Gold heading back towards $2000?
After rebounding from the 200-day SMA earlier this week, bulls have been armed with the technical and fundamental ammunition to attack the psychological $2000 level once again.
If US inflation surprises to the upside, this raises the probability of more Fed rate hikes, which the NQ100_m tends to despise. However, if November's CPI data comes out lower-than expected, this should encourage stock market bulls to charge on.
After rebounding from the 200-day SMA earlier this week, bulls have been armed with the technical and fundamental ammunition to attack the psychologic...
If US inflation surprises to the upside, this raises the probability of more Fed rate hikes, which the NQ100_m tends to despise. However, if November'...