jamilmughal7474
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Gold Price Analysis: 21-day SMA questions bullish spinning top on daily chart
Gold fails to extend bounce off multi-day low.
A bullish candlestick pattern needs validation from a break of 21-day SMA.
50% of Fibonacci retracement limits near-term declines.
Gold prices step back to $1,555.50 during Thursday’s Asian session. In doing so, the yellow metal stays below 21-day SMA
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WTI Price Analysis: Breaks monthly falling trendline, focus 21-day EMA
WTI extends recovery from the multi-week low.
Bearish MACD questions buyers but trend line break and a bounce from the key support favor the pullback.
WTI takes the bids to $51.33 during the Asian session on Thursday. The energy benchmark repeated the bounce off $49.40/50 support-zone as well as cl
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