bounces

Gold bounces ahead on potentially market-moving inflation data

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Gold bounces off the psychologically important $2,300 level after a fresh selling phase. The pair remains under pressure from the longer-term outlook for interest rates – data from Friday could be key. XAU/USD is approaching the neckline for a possible top pattern. If this is broken, it could lead to a downward cascade. Gold (XAU/USD) … Read more

Hubble telescope bounces back with glorious galaxy photo in ‘1-gyroscope mode’

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a stunning spiral galaxy hangs dimly in the dark of space; a bright light at its center illuminates nearby gasses, swirling around in shades of pale blues, whites and crisp browns.

The Hubble Space Telescope is back in action and has returned to scientific activities, but now with only one working gyroscope. And to prove it still has what it takes, the venerable observatory captured a striking photo of the dusty spiral galaxy NGC 1546. Located about 50 million light years Further up in the constellation … Read more