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Silver nears $50 per ounce mark. Oil prices rise amid inventory drawdowns
The Dow Jones (US30) Index fell by 0.01% at the close of Wednesday. The S&P 500 (US500) rose by 0.58%. The technological Nasdaq (US100) Index closed higher by 1.12%. The latest FOMC minutes showed that the majority of Federal Reserve officials noted the advisability of transitioning the federal funds rate to a more neutral level,…
Gold Price Eyes 4,500 Springboard as Break Above 4,800 Targets 5,000+ – ActionForex
Gold price is stabilizing after last week’s rebound stalled below 4,800, and the focus is now shifting to whether a dip toward 4,500 could act as a “springboard” for the next rally toward 5,000 and beyond. The move lower after failing to break 4,800 suggests that while buyers are present, they are not yet strong…
Alphabet Inc. $GOOGL Blue Box Area Offers A Buying Opportunity – Forex Market Analysis – ForexCycle.com
Hello everyone! In today’s article, we’ll examine the recent performance of Alphabet Inc. ($GOOGL) through the lens of Elliott Wave Theory. We’ll review how the rally from the November 21, 2024, low unfolded as a 5-wave impulse and discuss our forecast for the next move. Let’s dive into the structure and expectations for this stock. 5 Wave Impulse Structure +…
