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Market Updates

Gold Stocks Breaking Out

The gold miners are on the verge of reporting their best quarterly results on record, which should attract professional investors to this sector. Gold stocks are breaking out.

Weakness in the Dollar Driving Gold & Silver

The report came up, the dollar fell sharply, and interest rates fell. Gold is at $22 for the week, nearly up 1%.

Asian Metals Market Update for 12th July 2024

The "Fear Of Missing Out" trade in gold, silver, base and other precious metals, has returned. Expect a parabolic rise within 30 days to 4 months if prices remain stable for a week.

CPI Will Rule the Day

The pattern is up with higher lows and higher highs, at this point, the market is holding over the $2351 level, which is the current 18-day average of closes.

Gold Stocks & A War Cycle Finale

Like oil stocks have rallied many times when oil has fallen, gold stocks may stun analysts and continue to move higher, especially versus gold.

Markets Waiting on CPI

The battleground is likely around $2347, with the upper Bollinger Band at $2389. Momentum suggests the market bias and trend are up due to the swing line's higher lows and higher highs.

Asian Metals Market Update for 10th July 2024

The next seven days are very crucial for copper and base metals from a very short-term bullish trend perspective.

Interest Rates Subject to What Fed Chair Powell Says to Senate

As long as gold stays over the 18-day average, I have a favorable attitude towards it. When you go to the swing line, it has higher lows and higher highs.

Gold SWOT: Central Banks Put a Floor Under the Gold Price in the Face of Outflows from ETFs

Central banks, led by Turkey, China and India, put a floor under the gold price in the face of outflows from exchange-traded funds (ETFs) in the recent past.

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