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Gold analysis for 21.10

Gold price continues to rise gradually to approach our awaited target at 1797.00, and obtains continuous support from the EMA50, noting that breaching this level will extend the bullish wave to reach 1825.15 as a next positive station.

The current negativity of the stochastic indicator may cause some temporary sideways …

21.10. Stocks drop amid returning Evergrande concerns

News for today, October 21st:

In early European trading on Thursday, the dollar consolidated at lower levels after a resurgence of fears over a real estate crisis in China that interrupted high-yielding currencies.

Asian stocks tumbled on Thursday as the optimistic sentiment that drove the Dow Jones and Bitcoin to …

Currency pair analysis for today, October 20th: USDJPY

The dollar against the yen pair was able to breach the resistance of the bullish triangular flag to push upwards and achieve the expected target at 114.70, and we suggest the continuation of the bullish bias to reach the 115.00 barrier as a next station, noting that breaching this level …

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