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iron ore

Spot gold may retest support at $1,716
Markets

Spot gold may retest support at $1,716

  • Only a break above $1,761 could signal the completion of the wave C. On the daily chart, gold is still testing the support at $1,723, the 76.4% projection level of a downward wave C from $1,959.01.
Published 03 Mar, 2021 10:00am
Australian shares up
Markets

Australian shares up

SYDNEY/WELLINGTON: Australian shares advanced on Monday on rising hopes of a broader economic recovery after US...
Published 09 Feb, 2021 04:43am
Iron ore futures rise on post-Lunar New Year demand optimism
Markets

Iron ore futures rise on post-Lunar New Year demand optimism

  • After the holiday, Widnell said "leading indicators will be the pace at which warehouses restock steel, rebounding blast furnace capacity utilization rates, and slower arrivals of Australian and Brazilian iron ore - all of which should be price supportive".
Published 05 Feb, 2021 11:38am