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MSN.com Gold Quote: Gold falls 2% to 3-week low
On charts, gold should find support at $US1,702, a recent low reached in late August, representing the “neckline” of a bearish double-top pattern after bullion failed to extend gains above $US1,900 an ounce twice in the past four weeks, said Adam Sarhan, CEO of New York-based Sarhan Capital.
“If we are not able to get above the all-time high, by definition the double top remains in place. In the short term, it’s definitely going to be technical pressure,” Sarhan said.Adam Sarhan Reuters Quote: Gold gains as investors bet on continued Fed stimulus
PRECIOUS-Gold gains as investors bet on continued Fed stimulus Mon, Oct 28 14:23 PM EDT * Dollar index steadies ahead of Fed meeting * Gains seen likely if Fed delays stimulus tapering * Platinum up 1.7 pct on South African strike (Updates prices) By Marina Lopes and Clara Denina NEW YORK/LONDON, Oct 28 (Reuters) –…
Adam Sarhan MarketWatch Quote: Stocks flat after dipping on ISM data
Dec. 2, 2013, 1:14 p.m. EST EBay rises on Cyber Monday hopes after mixed results from shopping weekend By William L. Watts, MarketWatch NEW YORK (MarketWatch) — U.S. stock indexes traded near unchanged Monday, making up losses in the wake of a stronger-than-expected reading on November manufacturing activity thatreinforced expectations the Federal Reserve will move sooner…
Reuters: Wall Street set to open lower as crude oil slips
Markets | Mon Dec 28, 2015 8:53am EST U.S. stock indexes were set to open lower on the first day of the last trading week of the year as oil prices continued to fall due to oversupply. Brent crude was down 2.4 percent and were hovering near 11-year lows. Exxon’s shares were down 1.5 percent…
Reuters Quote: Gold Falls On Techincals, Options Selling
By Frank Tang NEW YORK (Reuters) – Gold fell in light holiday trade on Tuesday as technical weakness, options-related selling and a lack of fresh economic news failed to stimulate buying interest in the final week of the year. Selling related to the expiration of U.S. January gold options, which weighed on bullion despite rallies in…
Adam in Reuters: Wall St. to open lower as earnings, Trump policies weigh
Tuesday, January 31, 2017 U.S. stocks looked set to open lower on Tuesday following disappointing results from a clutch of Dow stocks and as investors fretted over President Donald Trump’s policies. Investors’ enthusiasm about fiscal stimulus under the new administration has been tempered by worries over Trump’s isolationist policies such as travel restrictions to the…
