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Market Updates

Technical Scoop: High Jobs, Golden Reversal, Santa Rally

Coming is the so-called Santa Claus rally and the January effect. Watch carefully. Gold often makes a low in December. Gold fell sharply on December 8.

Gold Not Yet, Copper Will Retest $4

Gold isn’t going to $2,500 in the current macro environment — high rates, a high dollar, lower inflation, and positive real rates are all bearish for gold.

Asian Metals Market Update for 11th December 2023

Volatility will be very high in gold and silver. Base metals and energies price trend will be dependent on news from China.

Gold-Record’s Calamity; Stocks’ Stark Misfortune-to-Be

Gold’s dominant trends all remain up:  that includes the key 21-day linear regression trend, and both the year-over-year regression trend and the parabolic Long trend, now a healthy eight weeks in duration and accelerating upward.

Gold & Silver Outlook after Contrived Flushout...

PM sector investors have just been royally played – first they are encouraged to pile in on gold’s breakout to new highs, which occurred when it was already very overbought, and now they are being pressured into barfing their holdings before the sector turns around and then goes on to break out for real.

Gold-Record Momentum

Gold just achieved its first new nominal record close in several years!  That came as a super-bullish upside breakout in a massive secular chart pattern, portending much-higher gold prices. 

US Jobs Report: A Key Catalyst For Gold

We booked serious profits into this rally and we're flat now, awaiting fresh buy and sell signals for gold stocks, bonds, and silver.

Final Resistance for Gold & Silver

Get positioned during this weakness because share prices could accelerate much higher before next spring. There is no looking back once the market clears $2100.

Central Banks and Geopolitics to Support Gold In 2024

So whilst soft landings have not always been good news for the gold price, we would posit that the latent impact of increased rates on the US economy combined with geopolitical events and central bank buying will set gold up for a stellar 2024. 

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