Everything you need to know about gold news.
The silver market has fallen this week, particularly on Friday. Now that we are much below the $20 threshold, it appears that silver has further to fall.
Written by: Winona Grant
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The gold price is hanging at $1,800.00, and a decline is imminent as the DXY recovers. Fed Powell cannot provide an assurance that the inflation rate would fall to 2 percent. On the ISM PMI front, investors anticipate a lackluster showing.
Written by: Winona Grant
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WTI recovers from its largest daily loss in a week near key support. Bearish MACD signs, a declining RSI, and the inability to breach the 21-day EMA all favor selling. The convergence of the two-month-old support line and the 100-day exponential moving average inhibits additional declines.
Written by: Winona Grant
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As of Thursday’s trading session, the silver market has broken below the $20.50 barrier, resulting in a major decline.
Written by: Winona Grant
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The gold market fluctuated during trade on Thursday, as the important $1800 barrier continues to be threatened. The $1800 level is a support region that is reinforced by a substantial rising line.
Written by: Winona Grant
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The decline in Treasury rates is an indicator that some speculators are banking on a recession. However, we do not observe the similar betting activity on the gold market.
Written by: Winona Grant
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The price of gold rose but continues to consolidate. Treasury yields decreased. Fed Chair Powell gave his semiannual speech on Capitol Hill.
Written by: Winona Grant
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Throughout Wednesday’s trading session, gold markets were all over the place as we continue to seek market balance.
Written by: Winona Grant
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Monday’s gold markets originally attempted to advance, but the Juneteenth holiday in the United States had a negative impact on liquidity.
Written by: Winona Grant
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The natural gas market gapped slightly lower during Monday’s trading session, as it appears we are about to test the important $6.50 level.
Written by: Winona Grant
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