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Gold rallies amid inflation and recession concerns


News of the day, Tuesday, April 19

Gold rises as investors strive for a safe-haven asset amid intensifying military assault in Ukraine and soaring U.S. inflation and recession risks. Gold has reached 6-week highs trading slightly below $2000. At the same time, the Dollar Index broke above 100 for the …

Gold analysis


Gold started correcting the bullish path after reaching the target 1996.00 and is currently retreating to the support 1975.00 at the lower end of the ascending channel within which it is moving.

The price is moving around the 20 average, which constitutes its first support levels. The 50 average is …

GBP/USD currency pair analysis


The pound sterling against the dollar continues its bearish movement after the bullish rebound movement that formed at the end of last week, where trading is stable around the support level 1.3000, after it reached the resistance 1.3130 last week, and then formed a bearish movement below the support 1.3060, …

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