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Key Highlights Crude oil prices declined further below the $80.00 support. A connecting bearish trend line is forming with resistance at $79.60 on the 4-hour chart. Gold prices are consolidating below the $2,335 resistance. Bitcoin prices are again moving lower below the $63,500 resistance zone. Crude Oil Price Technical Analysis In the past few days, […]

The post Crude Oil Price Takes Hit, Decoding Hurdles To Fresh Increase appeared first on Action Forex.

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10/07/2024

Is It Time for Gold to Emerge Above Key Resistance?

Gold trades higher, but withing a broader sideways range RSI and MACD imply strengthening upside momentum A break above 2388 could add to the bullish case A dip below 2340 may allow declines within the range Gold is moving higher today, after hitting support near the 2,450 zone yesterday. The precious metal is trading above the […]
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NZ First Impressions: RBNZ Survey of Expectations, Q3 2024

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