XtremeMarkets

XAU/USD closes in to the golden ratio of 61.8 percent

XAU/USD closes into the golden ratio of 61.8 percent In Asia, the price is attempting to break below the 50% mean reversion line, exposing the 61.8 percent Fibo target of $1,850 once more. Following a move into the 50 percent mean reversion level of the hourly bullish impulse highlighted in earlier trading, the gold price […]

As volatile trading on Wall Street continues, stocks dip

As volatile trading on Wall Street continues, stocks dip Investors were disheartened to see further evidence of inflation’s impact on businesses and another grim forecast for the global economy on Wall Street Wednesday, erasing most of their gains for the week. The losses come after a string of choppy trading days, with key indexes swinging […]