May 26, 2019
Zimbabweās Annual Inflation Rate is 242%, The Second highest in theĀ world Zimbabwe's annual inflation rate is 242%, the second highest in the world. To save its economy, Zim needs to embrace the Singapore Strategy.
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Zimbabweās Annual Inflation Rate is 242%, The Second highest in theĀ world Zimbabwe's annual inflation rate is 242%, the second highest in the world. To save its economy, Zim needs to embrace the Singapore Strategy.
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Gold Prices Could Rise Above $1,300 Next Week - Gold Silver Reports
Gold Prices Could Rise Above $1,300 Next Week ā Gold SilverĀ Reports
Gold Silver Reports (GSR) ā Gold prices could rise above $1,300 next week , The safe haven yellow metal found takers at the 100-week moving average (MA) of $1,277 on Monday as Trumpās re-escalation of the trade war with China sent risk assets sharply lower on the fist trading day of the week.
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When is the Trend not Your Friend?
When is the Trend not YourĀ Friend?
The US dollar remained firm last week. The strongest of the majors was the Norwegian krone, and it rose less than 0.2% against the greenback. The volatility is continuing to compress.
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Gold Prices had Earlier Breached its 100-Day Moving Average
Gold Prices had Earlier Breached its 100-Day MovingĀ Average
Gold Silver Reports (GSR) ā Gold prices slipped today, but was trading above the 10-week low touched in the previous session, as the dollar rose against the yen on signs of progress in the US-China trade dispute and strong US economic data. Investors are now awaiting the US jobs numbers for more signals on the strength of the economy.
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USD Picture Stays Muddy After US Jobs Report
USD Picture Stays Muddy After US JobsĀ Report
Gold Silver Reports (GSR) ā The USD picture is clear as mud at the moment ā with recent commodity dollar breakouts versus the greenback not seeing further progression today and USD/EM trade consolidating after their recent big run lower.
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GBPUSD Longs Favored Above 1.3050
GBPUSD Longs Favored AboveĀ 1.3050
GBPUSD bulls also took out descending channel resistance on the 25th of last month. I pointed out this new support area last Sunday.
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Spot Gold $1,300 Resistance level for Gold is Looking Very Vulnerable
Spot Gold $1,300 Resistance level for Gold is Looking VeryĀ Vulnerable
āThe equities are looking a little heavy up at these levels and yesterdayās speech by Fed Chairman Powell felt like Fed might adopt a dovish stance on rates moving forward, which is lending a lot of support to gold,ā Haberkorn added.
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MCX Gold Resistance Level 31833, Sell On Rise - Neal Bhai
MCX Gold Resistance Level 31833, Sell On Rise ā NealĀ Bhai
Gold Silver Reports (GSR ) ā Gold Prices remain positive as the ongoing US government shutdown drags on risk appetite, and the uncertainty surrounding fiscal Policy may ultimately push the FOMC to endorse a wait-and-see approach at the next interest rate decision on January 30.
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