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  • Squawk / 8 hours ago
    individual Trader
    Uganda
    GoldUS Approaching Support level 1300.0 after one more Bearish leg down.
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  • Squawk / 11 hours ago
    Technical Analyst in Financial Market / commoditymarket2008 Advisory Services
    India
    Spot Gold Trading View: now having support zone 1300, below holding means 1294 & 1287 easily looking other wise again rise up to 1315 & 1322...
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  • Article / Yesterday at 11:11 GMT

    Mid-session Europe: Kim Jong-who?

    Saxo Markets
    Denmark
    Mid-session Europe: Kim Jong-who?
    No solution for the ongoing tensions with North Korea has yet been tabled, but markets have apparently decided to ignore the threat ahead of US president Trump's Tuesday address to the UN. The result? Rising stocks, rallying yields, and a flight from safe-havens.
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  • Squawk / Yesterday at 5:46 GMT
    Portfolio Manager / FxCox™ Portfolio Management
    United Kingdom
    Crude oil prices rose on improved demand forecasts; gold weakened amid increased US rate hike expectations

    Crude oil prices rose for a second consecutive week supported by stronger demand from US refiners as they restarted after the disruption caused by Hurricane Harvey.
    Moreover, the upgrade in demand forecasts by both the International Energy Agency (IEA) and OPEC further added to price gains. In particular, the IEA sees global oil demand rising this year by the most since 2015. Meanwhile, OPEC and its allies are said to be considering a six-month extension of their output-cut deal from the end of March. Overall, WTI increased 4.9% to USD49.8 per barrel and Brent closed the week up 3.2% to USD55.5 per barrel.

    In contrast, gold prices retreated (-2.0% to USD1,320 per troy ounce) amid the broader dampened appetite for perceived safe haven assets. Moreover, increased Fed rate hike expectations amid upbeat CPI data, and a stronger US dollar, also dragged the non-yielding asset lower.
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  • Squawk / Yesterday at 3:54 GMT
    Technical Analyst in Financial Market / commoditymarket2008 Advisory Services
    India
    Spot Gold Trading View: now having support zone 1312, below holding means 1306 & 1299 easily looking other wise again rise up to 1324 & 1331...
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