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Gold regained some upward momentum mid-December 2023, providing a foundation for prices to break through a weekly resistance now turned support at 2060.49.
Brent's 50-day simple moving average (SMA) is in the midst of crossing below its 200-day counterpart. Such a technical event tends to signal price declines ahead. However, fundamental forces may yet offset such potentially bearish technical signals.
Japan's benchmark stock index has given up some of its gains after Tuesday's Bank of Japan policy signals. Tomorrow's national CPI data could trigger the next big move for Jap225_m, where an intriguing technical pattern appears to be forming which could result in a near-term breakout.
Gold regained some upward momentum mid-December 2023, providing a foundation for prices to break through a weekly resistance now turned support at 206...
Gold Federal Reserve MACD SMA Rates Technical Analysis
Brent's 50-day simple moving average (SMA) is in the midst of crossing below its 200-day counterpart. Such a technical event tends to signal price dec...
Japan's benchmark stock index has given up some of its gains after Tuesday's Bank of Japan policy signals. Tomorrow's national CPI data could trigger ...