Although the bearish diamond top formation happens infrequently, it remains effective in displaying potential opportunities in the forex market.
Diamond prices declined in October but stabilized in the month’s second half. US buyers purchased for the holiday season ahead of India’s Diwali shutdown. However, manufacturers were under pressure to ...
The drop is mainly driven by three factors: muted demand in key export markets like the US and China, a 10-15% fall in diamond prices due to oversupply, and a shift in consumer preference toward ...