What moves the market this Friday?
Tag - gold
Elon Musk has lost $50 billion in a day due to the Tesla plunge, Bitcoin is in consolidation and we know its next move, gold is reacting to the $1830 level. Check our daily trading video to get the best from this trading session!
Gold has risen against all expectations and better-than-expected labor data. Elon Musk is ready to sell $21 billion worth of Tesla stocks, and cryptocurrency market is pumped up by Tether. What else the week has prepared? The answer is in out new weekly video!
Gold has skyrocketed to $1820 – the level unseen since the start of September! What else is happening on the markets?
United States Bureau of Labor Statistics will release monthly average hourly earnings, non-farm employment change (NFP), and unemployment rate on November 5, 14:30 GMT+2.
Read the article to get the latest news and fresh trade ideas!
The US dollar strengthening presses gold…
The US dollar plunged sharply yesterday after a set of weak economic data. How to trade today?
S&P 500 and Nasdaq are still near all-time highs, supported by robust corporate earnings. Gold keeps moving inside the ascending channel.
Crude Oil inventories report will help all energies to gain volatility and choose a direction | Gold is falling, but there is possible long entry | October 27
Gold strengthens as inflation concerns keep rising…
The US dollar is heading to close the seventh day in the red as it remains under selling pressure. The US data at 15:30 GMT+3 (jobless claims and Philly Fed Manufacturing Index) may support the greenback if it's strong.