Gold prices rose today morning as it broke out from sideways by breaching the upper boundary near the $1833 area. Gold has started an uptrend in the short term, targeting a resistance area at $1858.
Gold declined today morning after breaking $1855, which acts as an important support area in the long term. If gold stabilizes below, it will retreat to the $1650 level.
Gold prices fell to $1915 after failing to break the $1930 resistance, with the possibility of further declines to $1905 and $1885 if support fails. The European Central Bank has raised its rates to 4% but is cautious about further increases, while oil prices rose due to tightening supply. The dollar remains strong as the Federal Reserve maintains a hawkish stance, with market focus on upcoming U.S. economic data and signals from Fed officials.
Gold declined today morning but still moves in sideways between the support area $1915 and the resistance area $1930, until breaking one of them to determine its next path.
Gold declined today morning but still moves in sideways between the support area $1915 and the resistance area $1930, until breaking one of them to determine its next path.
Gold prices rose this morning to test the resistance area at $1930, where its breach could help prices rise to the resistance area at $1950 in the short term
Gold rose this morning slightly for a correction after testing the support area at $1915, where it may continue its upward move until reaching the resistance area at $1930.
Gold declined today morning to test the support area at $1935, where its break would prompt gold to enter a downtrend in the short term, targeting the support area at $1915.
On September 4, 2023, gold prices rose to test the resistance level at $1946, with potential declines towards $1935 if this support is broken, while a breach above $1950 could lead to targets of $1972 and $2000. The dollar index retreated as a soft U.S. jobs report suggested the Fed might pause interest rate hikes, which markets believe there is a 93% chance of on September 19-20. Meanwhile, European shares gained amid expectations of continued stimulus in China, despite downturns in German exports and trade surplus.
Gold rose this morning after breaching $1923 and entering an uptrend in the short term, where prices may move higher toward the resistance area at $1945.
Gold prices fell to $1915 after failing to break the $1930 resistance, with the possibility of further declines to $1905 and $1885 if support fails. The European Central Bank has raised its rates to 4% but is cautious about further increases, while oil prices rose due to tightening supply. The dollar remains strong as the Federal Reserve maintains a hawkish stance, with market focus on upcoming U.S. economic data and signals from Fed officials.
Gold declined today morning but still moves in sideways between the support area $1915 and the resistance area $1930, until breaking one of them to determine its next path.
Gold declined today morning but still moves in sideways between the support area $1915 and the resistance area $1930, until breaking one of them to determine its next path.
Gold prices rose this morning to test the resistance area at $1930, where its breach could help prices rise to the resistance area at $1950 in the short term
Gold rose this morning slightly for a correction after testing the support area at $1915, where it may continue its upward move until reaching the resistance area at $1930.
Gold declined today morning to test the support area at $1935, where its break would prompt gold to enter a downtrend in the short term, targeting the support area at $1915.
On September 4, 2023, gold prices rose to test the resistance level at $1946, with potential declines towards $1935 if this support is broken, while a breach above $1950 could lead to targets of $1972 and $2000. The dollar index retreated as a soft U.S. jobs report suggested the Fed might pause interest rate hikes, which markets believe there is a 93% chance of on September 19-20. Meanwhile, European shares gained amid expectations of continued stimulus in China, despite downturns in German exports and trade surplus.
Gold rose this morning after breaching $1923 and entering an uptrend in the short term, where prices may move higher toward the resistance area at $1945.
Unlock the Power of the Stock Market ¨C Stock Trading Course by FinanceWorld.io (PDF)
Take your first step towards financial independence with FinanceWorld.io¡¯s in-depth Stock Trading Course. This easy-to-follow PDF guide demystifies the stock market, providing you with all the essential tools and knowledge to begin trading with confidence.
What¡¯s Included in This Course:
Introduction to stocks and the stock market ecosystem
Understanding shares, indices, and different market sectors
How to open a brokerage account and place your first trades
Fundamental analysis: reading financial statements and news
Technical analysis: chart patterns, trends, and indicators
Time-tested strategies for beginners and experienced traders
Essential risk management techniques to protect your capital
Trading psychology: mastering emotions and staying disciplined
Real-world examples, practice exercises, and actionable tips
Who Is This PDF For?
New investors looking to enter the world of stock trading
Current traders wanting to refine their approach and strategy
Anyone seeking to build wealth through the stock market
Why Choose FinanceWorld.io?
Our expert-written guides strip away the jargon and focus on practical, real-world trading skills. With FinanceWorld.io, you gain clarity, confidence, and a proven roadmap to succeed in the markets.
Discover why thriving restaurants outsource accounting: navigate compliance, manage diverse revenue from platforms, and master financial strategies for success.
https://www.pacificabs.com/knowledge-center/blog/restaurant-accounting-services-why-owners-never-touch-their-books/
Key points:
? The highest uncertainty in the 3-month perspective was recorded among exporters, 20.7%
? The share of enterprises planning to scale down operations over a 2-year horizon rose to 5%, but 95% do not expect a decline or foresee growth
? Labor shortages remain the main obstacle ¡ª 63% of businesses noted this issue
? The second most common obstacles were safety risks and rising prices
? Power outages remain a relatively minor issue ¡ª only 7% mentioned it
Most key indicators of business sentiment remained stable in May. The Business Activity Recovery Index remained unchanged from April at 0.13. The aggregated indicator of industrial prospects, which reflects short-term expectations, slightly declined to 0.11 from 0.12 in March¨CApril.
These are the findings of the 37th monthly survey conducted by the IER among 474 industrial enterprises.
Uncertainty in the three-month outlook remained unchanged primarily for key production indicators.
¡°However, we recorded the highest level of three-month uncertainty among exporters. Every fifth exporter ¡ª 20.7% ¡ª currently does not know what their export dynamics will be over the next 3¨C4 months,¡± said IER Executive Director Oksana Kuziakiv.
Uncertainty decreased over longer horizons ¡ª 6-month and 2-year periods. Currently, only 28.7% of respondents find it difficult to predict their activities two years in advance. This is the lowest share since at least October 2022, when 42.3% of businesses reported uncertainty.
¡°In May, the share of those planning to reduce their enterprise¡¯s activity over two years increased to 5%. This is still a small number, though higher than April¡¯s 1.4%. Nearly 80% don¡¯t foresee major changes. In fact, 95% of respondents indicate that they will either remain unchanged or experience slight growth. Considering the instability, security, and economic challenges Ukraine faces, this is a very good result,¡± said Oksana Kuziakiv.
The share of enterprises that increased production in May fell from 26.2% to 19.5%, while the share of those that reduced output grew from 10% to 13.5%. The share of businesses planning to increase production in the next 3¨C4 months slightly declined, from 40.8% to 39.9%.
The total share of enterprises operating at full or near-full production capacity slightly increased in May, from 62% to 63%.
¡°In January this year, the share of those operating at over 75% of capacity rose significantly. Since then, it has remained relatively unchanged. For example, in May, 53% of companies were in this category,¡± noted Oksana Kuziakiv.
Expectations for new orders remain cautious: the share of companies with order portfolios longer than a year slightly decreased, from 16% to 15%. On average, the duration of new orders increased from 4.9 to 5 months.
¡°This happened because the share of those with orders for just one to two months declined from 33% to 24%. Likely, these orders were redistributed: some now work ¡®on the fly,¡¯ others shifted into the three-to-five month category,
Shocks and Inequality An Empirical ExplorationGRAPE
?
We study the contribution of supply and demand shocks to income inequality in a panel setting. In particular, we exploit the newly created Global Repository of Income Dynamics to study how unanticipated supply and demand shocks identified using long-run restrictions affect income inequality as measured by Gini. We find that demand shocks originating in the United States, on average, increase income dispersion, which we interpret as the impact of changes to US consumption of foreign goods and services. Supply shocks also tend to increase income dispersion, but have a much weaker and short-lived impact. A comparison with responses to domestic shocks reveals that demand shocks exhibit a similar dynamic. Domestic supply shocks are linked to declines in income dispersion.
Shivsrushti¡¯s Cultural Revival Backed Strongly by Abhay Bhutada Foundation.pdfLokesh Agrawal
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Shivsrushti, a cultural theme park near Pune dedicated to the legacy of Chhatrapati Shivaji Maharaj, has received strong and consistent support from the Abhay Bhutada Foundation. Under the guidance of historian Babasaheb Purandare, the park blends traditional fort replicas with modern technology like augmented reality and interactive exhibits to make history come alive. The Foundation¡¯s contributions have enabled operational upgrades, improved access for underprivileged students, and introduced mobile museums that take cultural learning to remote areas. Through hands-on workshops and community involvement, Shivsrushti promotes both education and local skill development. With plans for digital centres and cultural exchange, the Foundation¡¯s long-term commitment is helping transform the park into a vibrant, forward-looking hub of historical learning.
How Abhay Bhutada Foundation Strengthens Cultural Education at Shivsrushti.pdfSwapnil Pednekar
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This presentation highlights how the Abhay Bhutada Foundation is actively strengthening cultural education through its long-term support of Shivsrushti, a heritage theme park near Pune dedicated to the life of Chhatrapati Shivaji Maharaj. By funding regular maintenance, technological upgrades, and inclusive programs, the Foundation ensures that Shivsrushti remains an engaging learning space for students and visitors. The park combines traditional craftsmanship with digital storytelling to make history accessible and memorable. It also empowers local youth and artisans through training and employment while promoting hands-on education through creative workshops. With plans for future expansion, Shivsrushti stands as a living example of cultural preservation powered by collaboration and philanthropy.
The revival of real world assets (RWA) in crypto marked one of 2024¡¯s most quietly transformative narratives. While attention remained fixated on memecoins, Layer 2 ecosystems, and political betting markets, RWA steadily evolved from a niche experiment into one of the most credible and capitalized sectors in crypto.
So, how far have the core RWA verticals come since the start of 2024?
We¡¯ve summarized the key highlights, but be sure to dig into the full 18 slides below.
Why Alternative Payment Methods Are Changing the International Business Lands...PayXBorder
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This document explores how Alternative Payment Methods (APMs) like mobile wallets, fintech platforms, and cryptocurrencies are transforming international business. It highlights the benefits of faster settlements, lower costs, and global reach¡ªwhile showcasing how platforms like PayXBorder are leading the charge in enabling seamless cross-border transactions.