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Hang Seng Index Wave technical analysis Function: Trend. Mode: Impulsive. Structure: Orange Wave 1. Position: Navy Blue Wave 3. Direction next lower degrees: Orange Wave 2. Details: Navy Blue Wave 2 appears complete; Orange Wave 1 of 3 is now in play. Wave cancellation Invalidation Level: 19215. The Hang Seng Index daily Elliott Wave analysis suggests a bullish trend supported by impulsive price action, indicating strong upward momentum. The current wave structure identifies Orange Wave 1, which is part of Navy Blue Wave 3. This wave formation suggests the index is beginning a significant upward leg within a larger bullish cycle. The analysis…

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Who is Rox Resources?Rox Resources (ASX: RXL) is a West Australian gold exploration and development company, renowned for its commitment to advancing the historic Youanmi Gold Project. Situated near Mt Magnet, approximately 480 kilometers northeast of Perth, the Youanmi site is a cornerstone of Australia’s gold story, with a total mineral resource of 2.3 million ounces of contained gold.Under the leadership of CEO Phillip Wilding, Rox Resources is on a mission to revive this historic mine, leveraging aggressive drilling programs and planning a definitive feasibility study for late 2025. “We’re working at a high pace to bring this asset into…

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Key pitfalls that can derail your forex trading journey Trading strategies to safeguard your capital from day one   8 Rookie Mistakes Every New Forex Trader Should Avoid Entering the forex market can feel like striking gold—leverage promises big returns, and success stories abound. Yet without discipline, structure, and risk management, most new traders burn out before mastering the craft. Avoid these eight common rookie mistakes to fast-track your journey from demo accounts to consistent profitability. Mistake 1: Guessing Instead of Planning Why it hurts: “Punting” or making unplanned, random trades based on a hunch is gambling, not trading. Markets…

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Tucked away in the rolling hills of Kentucky stands an imposing structure that has captured the imagination of generations: the United States Bullion Depository at Fort Knox. This fortress of concrete and steel is said to house most of America’s gold reserves.After decades of speculation and advocacy, we stand at a historic turning point, with unprecedented opportunities for transparency in this legendary facility. The Long Road to Transparency The Fort Knox depository, completed in 1936, was designed to secure America’s monetary gold reserves during a turbulent period in financial history. The facility’s construction followed Executive Order 6102, which required American…

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The Canadian Dollar firmed up on Friday, but Greenback flows rallied harder, driving a rebound in USD/CAD.US NFP net job gains came in stronger than expected, overshadowing Canadian job numbers.Key post-tariff US CPI inflation figures loom large next week; Canadian data docket runs out of gas.The Canadian Dollar (CAD) saw firm gains in employment figures on Friday, with an overall net increase in Canadian employment thumping median market forecasts for a contraction. However, a stronger-than-expected US Nonfarm Payrolls (NFP) print eclipsed Canadian economic data, giving the US Dollar (USD) a much-needed rebound.The Canadian economic data docket is slim next week,…

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Who is Norton Gold Fields?Norton Gold Fields is a well-established gold producer in Western Australia, with operations centered around the Paddington Mill, located 35 kilometers northwest of Kalgoorlie. The company oversees an extensive tenement package covering more than 1,000 square kilometers, making it one of the region’s leading gold operators. Norton also manages Australia’s only ultra-large heap leaching project, with an annual capacity of 5 million tonnes.Since its establishment in 1987, Norton has played a pivotal role in Kalgoorlie’s gold story, producing approximately 6.7 tonnes of gold in 2023. The company is wholly owned by Zijin Mining Group, China’s largest…

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Highlights include US CPI, China inflation and trade data, UK jobs, GDP and spendingreview   Newsquawk Week Ahead: 9th-13th June 2025 MON: Japanese GDP R (Q1), Chinese Inflation (May), Chinese Trade Balance (May), EZ Sentix Index (Jun), US EmploymentTrends (May) TUE: EIA STEO, UK Jobs Report (Apr), Swedish GDP (Apr), Norwegian CPI (May) WED: ECB Wage Tracker, US CPI (May), UK Spending Review THU: UK GDP (Apr), US PPI (May) FRI: French/Spanish Final CPI (May), EZ Trade Balance (Apr), University of Michigan Survey (Jun), Quad Witching CHINESE INFLATION (MON): Expectations are for Y/Y CPI to slow further to -0.2% from…

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