Category: Soaring

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3 Reasons Why Soaring Gold Prices Could Crash in 2020

Gold is on a massive rally with some analysts giving price targets as high as $3,000. The metal is benefiting from low-interest rates and safe-haven demand amid the coronavirus pandemic. But gold’s rally might not last. The asset faces near term risks that could send its price crashing down. If anyone is benefiting from the…

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Day Trader Sees the S&P 500 Soaring in Q4; Here’s the Catalyst
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Day Trader Sees the S&P 500 Soaring in Q4; Here’s the Catalyst

The decade-long uptrend of the S&P 500 (SPX) is being threatened on multiple fronts. Issues such as the U.S.-China trade spat, weak manufacturing data and the possibility of President Trump’s impeachment make it difficult for the bulls to dominate the stock market. Thus, it is not surprising that some traders have a bearish take on…

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