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Israel-Hamas conflict still a focus point to start the new week

That being said, we are starting to see the Friday moves abate a little for now. In particular, gold is down 0.6% but it's a minor retreat compared to the over 3% gains at the end of last week:The fall puts emphasis back on the 100 (red line) and 200-day (blue line) moving averages, as being key technical resistance layers to watch.The Israel-Hamas conflict is still continuing and that isn't really helping to ease concerns of a further escalation. The siege on Gaza is still permeating fears of a... Read More

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Content Topics

Israel

Hamas

Conflict

Still

Focus

Point

Start

Week

Israel hamas

Forex

Posted: Oct 16 2023, 04:25

Author Name: forexlive

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