Gold pushing the 18 day moving average, resistance.
Now we are getting employment data. Got to start paying attention.
Come September, the 5.5% interest rate..
For many years the yen was the preferred safe-haven currency for the largest bank FOREX traders. The topping action of the yen in 2011 created a huge US stock..
Pretty much everything is in an intermediate decline. Almost certainly what will happen is a rally pretty soon and will get people hopeful again but ..
Gold has some strong support below at $1803-$1812/oz (futures). U.S. interest rates hurting gold here. Short-term rates' incentives are pretty big for that time...
Gold is still languishing as the US$ Index continues an upward path. Oil still looks poised to break out and natural gas (NG) put in a big reversal week to the upside. Could energy prices soar again?
With but two trading days remaining to complete this year's second month -- a year which finds Gold repeatedly being hyped to the heavens -- price is actually now -0.7% for 2023..
