Thursday, December 08, 2022

Gold breaks above its 200-day moving average then moves back below it

Gold breaks above its 200-day moving average then moves back below it: Gold breaks above its 200-day moving average then moves back below it Gold futures basis the most active February 2023 contract opened in New York at $1783.30 and traded to a high of $1803.20 just abo...

Saturday, August 13, 2022

Traders buy the dip all week reinforcing support for gold futures at $1800

Traders buy the dip all week reinforcing support for gold futures at $1800: Traders buy the dip all week reinforcing support for gold futures at $1800 On Monday, August 8 gold futures opened at $1790 and by the close of trading had broken and closed above its 50-day moving av...

Tuesday, May 03, 2022

Gold, silver smacked by strong USDX, rising bond yields, technical selling

Gold, silver smacked by strong USDX, rising bond yields, technical selling: Gold, silver smacked by strong USDX, rising bond yields, technical selling Gold and silver prices are sharply lower in midday U.S. Trading Monday, with both scoring 2.5-month lows. The precious metals...

Friday, January 21, 2022

Gold market finally realizes Fed is completely wrong; $2,000 now on the way

Gold market finally realizes Fed is completely wrong; $2,000 now on the way: Gold market finally realizes Fed is completely wrong; $2,000 now on the way David Lin, Anchor at Kitco News discussed gold and inflation with Wyckoff. Wyckoff explained that the reason there w...