Monthly Archives: February 2018

Gold struggles as dollar and yields rise

Gold has extended its losses from Friday after trading flat on Monday. The precious metal was trading around $1337 at the time of this writing, so it was off nearly $25 or 1.8% from the high of $1361 reached on Friday. The buck-denominated precious metal has fallen victim to a rebounding US dollar…

Elliott Wave Analysis for AUDUSD Looks for a Fall Below 76 Cents

Our 2018 AUD/USD forecast included a smooth start and rough finish. We were anticipating a mild break higher above 81 cents at the beginning of the year to finish off a large complex wave that began in September 2015. That mild break would put us on alert for a longer-term top and reversal. After…

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