Tuesday, March 9th, today’s news—Dow futures continue to rise after yesterday's 300-point rally. European and Asian markets are mixed, oil falls, dollar is weaker but still supported, Treasury yields retreat, gold is up. The price of Brent oil is $68.63, WTI—$65.36, EUR/USD is at 1.1898, GBP/USD—1.3887, gold is $1,700.70 per ounce. Read …
Futures contracts for gold prices fluctuated in a narrow range sloping to an upward trend during the Asian session, to witness its retracement of the second session from its lowest since June 5, 2020, when it tested its lowest since April 21, 2020, amid the bounce of the US dollar …
Amazon started the downside movement after it managed to breach the support level at 3105.00, ending the sideways movement by breaching the aforementioned support level. Therefore, we are now facing a downside wave in the price that may extend to 2800.00 levels.
We notice on the chart that the price …
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