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Spot gold has been resisted at its 200-day SMA recently, and has printed an "inside bar". The incoming US retail sales data could inject more immediate volatility, even as the Middle East conflict continues reverberating across markets.
Markets Digest China Data; Focus Remains On Earnings
Asian shares finished mixed on Tuesday, shrugging off the initial boost from China’s better-than-expected Q1 GDP as signs of an uneven recovery stalled risk taking. The world’s second largest economy smashed forecasts by expanding 4.5% in the first quarter from a year earlier.
Spot gold has been resisted at its 200-day SMA recently, and has printed an "inside bar". The incoming US retail sales data could inject more immediat...
XAUUSD Gold retail sales Fed rate hikes Middle East
Asian shares finished mixed on Tuesday, shrugging off the initial boost from China’s better-than-expected Q1 GDP as signs of an uneven recovery stal...
China GDP inflation retail sales Federal Reserve rate hike EURUSD GBPUSD DXY Gold