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Gold is trading higher today at $1176.56/oz hitting the daily high at 1182 and the low at 1173.67. Gold managed to confirm the 1172.68 level after closing the daily candlestick above it, which reinforce the chances of continuing the bullish bias on short term basis, and the way is open to target 1212.31 level that represents the next main resistance, noting that the 50h MA keeps supporting the price from below.
Gold today found support in the 100h MA and now it is trading between the channel of 50h and 100h MA. Looking at the daily chart we can see that the metal is finding resistance […]
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Tesla is giving up more than 4% today as the selloff in technology continues with Nasdaq down almost 1.70%. The S&P 500 is down 1% at 4529 while Dow Jones is 0.60% lower at 34412
