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Globe and Mail
23 minutes ago
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Gold Is Bullish, But Be Aware Of Deeper Intraday Pullback; Elliott Wave Intraday Analysis
Good morning traders! USDollar Index - DXY remains under intraday bearish pressure at the start of the month and week, so we are definitely still bearish and expect more weakness, but it's early Monday and we may not see straight lines, thus still be aware of bigger or more complex intraday pullback before a bearish continuation. DXY could actually still be trading in subwave (b) and it can still see higher intraday resistance for subwave (c) of "ii", which can fill the GAP from May 18 before real bears show up. However, of course, if DXY breaks below 98 area decisively, then more weakness can be seen within wave "iii" of 5, unless it goes sideways for a higher degree bearish triangle in wave 4. Gold is coming nicely higher for wave subwave »c« of a projected three-wave abc corrective recovery in wave B and it's now testing key resistance, from where we may see another sell-off for a wave C of a higher degree wave (2), especially if we consider a new open GAP at 3925 level and then prevoius one at 3200 area, which can act as a strong support. However, if gold breaks straight above 3367 level decisively, then higher degree wave (3) can be already in full progress.
CTV News
26 minutes ago
- CTV News
Seized contraband from Springhill, N.S. institution entered by drone
Nova Scotia's Springhill Institution is seen in this undated file photo. Seized contraband and unauthorized items estimated to be worth $410,000 reportedly entered the Springhill Institution by drone, according to Correctional Service Canada (CSC). The seizure, that happened on May 17, included: methamphetamine hashish shatter (a type of cannabis concentrate) electronics accessories CSC said the drone used to drop the package was not seized. The CSC said no charges were laid against the Springhill Institution. The package was turned over to the RCMP per the Commissioners directive: Management of seized items. For more Nova Scotia news, visit our dedicated provincial page
Globe and Mail
36 minutes ago
- Globe and Mail
Resouro Strategic Metals Inc. to Attend THE Mining Investment Event in Quebec City
Vancouver, British Columbia--(Newsfile Corp. - June 2, 2025) - Resouro Strategic Metals Inc. (ASX: RAU) (TSXV: RSM) (FSE: 8TX) (OTCQB: RSGOF) ("Resouro" or the "Company") is pleased to announce that Executive Chairman Christopher Eager and Board Director Anne Landry will attend THE Mining Investment Event, taking place from June 3 to June 5, 2025, at the Centre des Congrès de Québec, Québec City, Canada. The premier event brings together mining companies, institutional investors, government officials, and other industry stakeholders for three days of meetings and strategic discussions. Christopher Eager and Anne Landry will be available for one-one-one meetings throughout the conference. Interested participants are encouraged to schedule a meeting via the event's official platform. More information about the conference is available at Contact Information: About the Company Resouro is a Canadian incorporated mineral exploration and development company, listed on the ASX, TSXV, OTC and FSE, focused on the discovery and advancement of economic mineral projects in Brazil.
