Futures contracts for gold prices fluctuated in a narrow range slanting to an upward trend during the Asian session, to witness their rebound for the second session from its lowest since September 28, amid the US dollar index rebounding for the second session from its lowest since October 19 according …
The US dollar fluctuated in a narrow range that tends to rise during the Asian session, to witness its retracement to the second session from its lowest since September 21, when it tested its lowest since March 12 against the Japanese yen following developments and economic data that they followed …
The pair found support at 1.1745 amid the more positive sentiment in the stock markets after the Wednesday’s drop. If the positive sentiment prevails in the market today, and the stock markets continue to recover, expect the pair to grow locally.
Technical side:
The price is below the middle …
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