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Market Updates

Dollar Up, Rates Rising, Metals Down: Buy Rumor, Sell

For the week, you're not down much. You have a higher high and lower low. That means you're in a pause at this stage, in terms of pure chart action.

The Banking System May Be Starting To Crack

This week, Tricolor Holdings, the third-largest auto lender in California and Texas, filed for Chapter 7 bankruptcy.

Non-Gold Metals Losing Upside Momentum

If gold finished here, even with the setback, you'd be at an all-time high. You've got higher lows, higher highs — still a bullish scenario.

Supreme Money Gold: Key Investor Tactics

It’s normal for oscillators to stay overbought in a powerful market, and that’s the case with gold right now.

USD Break Supports Metals, Priced in USD

On the gold: trend is up, bias is up. So that $3800 zone that we talked about is still very much in play.

Will Profit Taking Hit Gold/Silver Before FOMC?

The market cleared the old high it made; the 18-day average keeps climbing every day. I don't expect many corrections, but since you've just come from $3400 and are now pushing $3718.

Gold SWOT: Barrick Gold Announced the Sale of the Hemlo Gold Mine for up to $1.09 Billion

Gold was the worst performing precious metal of the past week, though still up 0.83%. China’s move to ease gold import/export rules aims to diversify reserves away from the U.S. dollar...

Gold: A $9000 Elliott Wave?

We should still move higher in wave -v- of (iii), targeting at least 3700–3800 before stopping, and potentially much higher if wave (iii) extends.

Technical Scoop: Worse Inflation, Unemployment Rise, Market Highs

As expected, gold not only maintains its lead, but the spread is widening. Gold is now up 34.9% in 2025.

Get Ready for the FOMC Meeting and a Rate Cut

So far for the month, you're still up 4.93 percent. You're well over the 18-week average at $3405.60, and you're fighting at the upper Bollinger Band. 

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