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Recovery leg from $1984 (9-week low of Feb 14) extends into third straight day after short-lived probe below psychological $2000 level was contained by 100DMA and Morning Doji Star reversal pattern formed on daily chart. Although the metal’s price gained pace and established above $2000, caution is still required as 14-d momentum is still in […]

The post XAU/USD: Gold Extends Recovery Despite Sticky US Inflation appeared first on Action Forex.

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12/07/2024

The Two Wolves of Monetary Policy

The ‘two wolves’ inside monetary policy are demand shocks and supply shocks. It is important to know which is which. There is a story in Native American folklore that inside each of us are two wolves, one evil, one good. The one that wins – the one you become – goes the saying, is the […]
05/03/2024

Bitcoin Resumes Rally After Mild Consolidation, Record High in Focus

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