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The following are the most recent pieces of Forex technical analysis from around the world. The Forex technical analysis below covers the various currencies on the market and the most recent trends, technical indicators, as well as resistance and support levels.
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Gold prices ended a choppy, two-sided trading session slightly lower yesterday, with many investors in wait-and-see mode ahead of key U.S. economic data.
Gold prices rose in afternoon U.S. trading, recouping earlier losses, as soft U.S. economic data raised doubts about the path for higher interest rates.
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Gold prices settled at $1269.35 an ounce on Monday, rising 2.3% on the month, as investors grew more cautious on prospects for U.S. growth and the path for higher interest rates.
The S&P 500 had a volatile and choppy session on Monday as we essentially went nowhere. The NASDAQ 100 initially tried to rally, but then fell through the 5900 level.