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Gold eyes fifth straight day of losses, closes in on key technical juncture

The pullback in gold continues to play out since the post-election period. The precious metal is now down for a fifth straight day in what is already easily its worst weekly showing so far this year. It has more or less been a case of waiting for said pullback to reach some key technical levels on the charts. And we're just about there already in trading today.

The 100-day moving average (red line) is the key technical focus right now and that is seen at roughly $2,543. The last time gold actually had a brush against the key level was all the way back in February. And the last time that gold traded back below either that or its 200-day moving average (blue line) was all the way back in October last year.

That underscores the breathtaking momentum that has been in play for gold all through this year so far.

As such, this makes the 100-day moving average an even more important technical juncture now. A break there will not only signify a break in the bullish bias in gold. However, it could set off another wave of selling that leads to an even bigger pullback.

Traders love key levels like these and USD/JPY is a good example of that when it broke its own 100-day moving average back in late July as well. The drop there of course owed to a myriad of other factors but the technical consideration certainly exacerbated things. And it could also be the case for gold when we get there in the sessions ahead.

I'm still an advocate for gold in the bigger picture of things. However, I would say dip buyers will need to be patient to let this correction run its course before coming back in. From earlier this week: Gold pullback might prove to be timely for dip buyers

This article was written by Justin Low at www.forexlive.com.




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Hurricanes’ Jaylin Alderman, O.J. Frederique Jr. impressive despite disappointing loss

The Hurricanes' defense struggled in their loss to Georgia Tech, but linebacker Jaylin Alderman and cornerback O.J. Frederique Jr. were two bright spots.




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Loss-making Burberry puts focus back on outerwear in turnaround plan

The company reported a loss for the first half of its financial year and announced a 40 million pound ($51 million) cost savings programme, as new CEO Joshua Schulman laid out his turnaround plan.




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Wearables brand Noise posts loss in FY24, revenue growth flat amid slump in sector

Operating revenue remained largely unchanged at Rs 1,430 crore compared to Rs 1,426 crore in FY23. The company, which secured its maiden fundraise last year, saw a 40% surge in employee benefit expenses at Rs 71 crore, while finance costs rose nearly 50% to Rs 29.5 crore. Total expenses increased to Rs 1,460 crore from Rs 1,432 crore in FY23.




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Convergence To Feature Schlosser Science Talk

ILS Bermuda added a science-focused session to Convergence 2024, developed with BIOS and ASU, featuring an address by Peter Schlosser and panels on science and innovation in the ILS industry. A spokesperson said, “ILS Bermuda is excited to announce the addition of a special afternoon of innovative science-focused content to its Convergence 2024 agenda. Scheduled […]




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Scottish Rugby posts £11.3m loss, eyes profit in 2027

Scottish Rugby loses £11.3m for the year ending 30 June 2024, despite generating a record £73.9m, which included revenue from a series of Taylor Swift concerts at Murrayfield.




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Ken Griffin takes a 44% loss selling 2 Chicago penthouses he never lived in as he moves to Florida

The billionaire hedge funder sold two luxury condos for $19 million after paying about $37 million. He's going all in on Florida real estate instead.




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Erik Spoelstra: 'Horrendous' timeout, mental error costly in Heat loss to Pistons

Erik Spoelstra, who is widely known as one of the NBA's top coaches, shouldered blame for a brutal timeout infraction, calling it a "serious mental error" in the final seconds of a Miami Heat loss to the Detroit Pistons.




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Islanders Netminder Ilya Sorokin & Extra-Time Losses: Building On Franchise Record In Fifth NHL Season

Sorokin has 33 extra-time losses in just 202 NHL starts.




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Takeaways from the Ducks 3-2 Loss to the Golden Knights

Detailed notes from Wednesday's game between the Vegas Golden Knights and Anaheim Ducks




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"It Was Just Down To...": SA Captain's Candid Confession On Loss vs India

South Africa lost by only 11 runs to India in the third T20I in Centurion.




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$65 Million, ICC Sanctions...: PCB Faces Big Loss From Champions Trophy Row

The PCB has conveyed to the ICC that security is not an issue in the country which successfully hosted England and New Zealand recently and promised the same for the Champions Trophy




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Vodafone Idea shares in green as net loss narrows in Q2, ARPU rises to Rs 166 - Moneycontrol

  1. Vodafone Idea shares in green as net loss narrows in Q2, ARPU rises to Rs 166  Moneycontrol
  2. Voda Idea Q2 loss narrows to Rs 7,176 crore  The Times of India
  3. Vodafone Idea shares up 3% today; what MOFSL says post Q2 results  Business Today
  4. Vi Q2 results: Net loss narrows to Rs.7,175 crores, Arpu at Rs 156  Business Standard
  5. Vodafone Idea shares slip 2% ahead of Q2 results today  The Economic Times




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Airbnb is inviting select guests to Rome’s Colosseum ahead of ‘Gladiator 2’ release

The experience provides a three-hour adventure where guests can explore the Colosseum after hours, beginning with a ceremonial welcome before delving into the ancient structure’s underground chambers




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After historic losses, Democrats wonder where they go from here.

Since Donald Trump won the presidency last week, Democrats have been pointing fingers, laying blame and second-guessing themselves.

All Things Considered host Ari Shapiro talked with three democratic strategists who are looking ahead and asking: Where does the party go from here?

For sponsor-free episodes of Consider This, sign up for Consider This+ via Apple Podcasts or at plus.npr.org.

Email us at considerthis@npr.org.




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How to Overcome Solastalgia, the Feeling of Profound Loss of Your Environment

Damage to your environment can bring a profound sense of loss; that feeling, called solastalgia, can also provide inspiration




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FLOSS Weekly Episode 809: Pi4J – Stable and Boring on the Raspberry Pi

This week, Jonathan Bennett and David Ruggles chat with Frank Delporte about Pi4J, the friendly Java libraries for the Raspberry Pi, that expose GPIO, SPI, I2C and other IO interfaces. …read more




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Swiggy-backed Rapido sees net loss at Rs 371 crore in FY24

Homegrown ride-sharing platform Rapido registered a net loss of Rs 371 crore last fiscal (FY24) from Rs 675 crore in FY23.




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Swiggy-backed Rapido sees net loss at Rs 371 crore in FY24




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Omar seeks compensation from Centre over losses due to Indus Water Treaty

Jammu and Kashmir Chief Minister’s remarks that the IWT hinders J&K’s power capacity spark row; the focus should be the return of power projects from National Hydroelectric Power Corporation, says former Chief Minister Mehbooba Mufti




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$19 mn Loss & Damage funding pledged by Sweden at COP29, bringing total pledged funding to $720 mn




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Vodafone Idea narrows Q2 loss to ₹7,176 crore




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Greaves Cotton Q2 net loss narrows to ₹14 crore




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Uncontrolled diabetes increases risk of hearing loss; doctors call for more awareness, screening

Hearing loss occurs twice as frequently in patients with uncontrolled diabetes as compared to the non-diabetic population, doctors say, calling for screening to be included in routine diabetes care




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Vodafone Idea Q2 net loss narrows 17% to ₹7,175.9 crore

Subscriber base declines by 14 million users in the quarter




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Mid-day updates: Markets deepen losses as metals, auto stocks drag; Sensex down nearly 500 points 

The broader market reflected selling pressure, particularly in metal and automotive sectors, with Hindalco leading the decline at 3.67 per cent




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Iron loss during continental weathering in the early Carboniferous period recorded by karst bauxites

Ling, K; Wen, H; Fan, H; Zhu, X; Zhang, Z; Grasby, S E. Journal of Geophysical Research, Earth Surface vol. 128, issue 4, 2023 p. 1-15, https://doi.org/10.1029/2022JF006906
<a href="https://geoscan.nrcan.gc.ca/images/geoscan/20230111.jpg"><img src="https://geoscan.nrcan.gc.ca/images/geoscan/20230111.jpg" title="Journal of Geophysical Research, Earth Surface vol. 128, issue 4, 2023 p. 1-15, https://doi.org/10.1029/2022JF006906" height="150" border="1" /></a>




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PostNL announce loss of €19 million over the first nine months of 2024

PostNL has reported Q3 2024 results, citing "urgent need" for transformation.




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A Brief Conversation Blossoms Into Much More (Italy)

Rose (Scotland) as been developing a growing ministry among residents at a local retirement community. What started with a single conversation has grown into a ministry that impacts many lives through friendship and community outreach.




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NPC to probe loss of funds in GCash accounts

The National Privacy Commission (NPC) will launch an investigation into the widespread unauthorized transfers involving several users of the country’s leading mobile wallet GCash. In a statement, the NPC said that GCash informed it about the incident on Nov. 11. However, the digital payment giant maintained that it recorded “no data leakage or personal data […]...

Keep on reading: NPC to probe loss of funds in GCash accounts




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New weight loss drug target reduces appetite and burns calories without sickness

The discovery could lead to a new treatment for millions of people with obesity and type 2 diabetes who do not respond well to current treatments.





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Hearing loss company Acousia announces first patient enrolled in its Phase 2 PROHEAR-Study

Acousia Therapeutics GmbH, a Tübingen-based clinical stage biotech company focused on the enhancement and preservation of natural hearing, just announced the randomization of the first patient for the PROHEAR-Study. The PROHEAR-Study is a placebo-controlled, Phase 2a study with split-body design, which investigates the otoprotective efficacy of ACOU085 in patients with testicular cancer undergoing high-dose cisplatin-based chemotherapy regimens (cis-Pt ≥300 mg/m2).




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Acousia Therapeutics to present its clinical Phase 2 PROHEAR study on hearing loss treatment candidate ACOU085 at upcoming conferences

Acousia Therapeutics GmbH, a Tübingen-based clinical stage biotech company focused on the enhancement and preservation of natural hearing, will be presenting the ACOU085 Phase 2 PROHEAR clinical study at the HansonWade 4th Inner Ear Disorders Therapeutics Summit in Boston (MA) from August 20–22, and at the 36th World Congress of Audiology from September 19–22, 2024.




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Call-On-Doc Now Offering Affordable Compounded Weight Loss Medication

Call-On-Doc launches a new compounded weight loss prescription service, offering affordable alternatives starting at $190/month, making weight loss medication more accessible.




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DriveLock Named as Leader for Data Leakage / Loss Prevention Solutions

DriveLock SE, a leading global provider of IT and data security solutions, announced that the "ISG Provider Lens™ Cyber Security – Solutions & Services Report Germany 2020" named it as the leader in the Data Leakage/Loss Prevention (DLP) segment in the German-speaking market.




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Retailers warn Reeves of inflation and job losses after budget tax hikes

Some of Britain's biggest retailers have warned the chancellor that last month's budget will stoke inflation in the economy and spark job losses as tax hikes add nearly £2.5bn to the industry's annual tax bill.




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Verizon Business Survey Finds 68% of Small Businesses Believe They Can Recoup COVID-19 Related Losses

Verizon Business today released findings from a recent survey, Small Business Response to COVID-19 to better understand the impact small business owners and decision makers feel COVID-19 has had on their businesses. The survey, conducted by Morning Consult, focused on 500 small and medium businesses that are currently open or plan to reopen. One of the survey’s key results is that small businesses have renewed confidence, with 68% believing they can recoup COVID-19 related losses.

Key Survey Findings:

As businesses grapple with the economic impact of COVID-19, these responses highlight the assistance small businesses feel they need, the communities they feel most supported by, and the changes they have made to adjust to the new normal.

1. A Renewed Confidence
The small businesses that have weathered this pandemic to date express an overall optimism and the financial wherewithal to eventually reopen.

68% of small businesses believe they can recoup COVID-19 related losses
46% (nearly half) of small businesses that remain open say their businesses will be able to stay open for more than six months if the pandemic continues in the same way
48% of small businesses say it’s unlikely they will need to resume operations with a smaller staff
While 78% of small businesses indicate declining sales, less than a quarter (24%) say that they have missed or withheld any payments of bills (rent, utilities, etc.).




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@cspratt15139 RT @JackAda07710351 I found that three arrow capitol is using bot to dump all invested tokens to the market that include $ddx. They are selling at big loss. The company is near bankruptcy, but $ddx will have a bright future after main

RT @JackAda07710351: I found that three arrow capitol is using bot to dump all invested tokens to the market that include $ddx. They are se…




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Healthy Eating and Weight Loss




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Weight Loss Success




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