Ready to Get Started?
Start here. Join over 3M Libertex users around the world!
Gold does take out the 100 day moving average support
Since the last update here on Gold, the metal has now pushed below the noted 100 day moving average (corrected to $2,616.15) and extended the fall to a session low so far, at $2,611.73. It is off that low now, but as of writing yet to climb back above that $2,616.15 level. All the while it fails to achieve that on a sustained basis, the threat of more downside will not be removed. Gold is currently trading at $2,614.30
Market News
All News-
US equity futures pare gains ahead of PPI report-check out the S+P 500
As the morning has unfolded the gains seen across the US equity futures have now dissipated somewhat. All three indexes are still pricing a higher...
-
USD/JPY edges above 158 in a latent reaction to the US NFIB data
Since the last update here noted the lack of immediate reaction in the dollar to the much better than forecast NFIB index, the dollar has now lifted...
-
US NFIB small business optimism index beats forecasts- EUR/USD yet to react much
The December reading of the US NFIB small business optimism index has just been released. The markets were generally expecting another positive...
