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Market Updates

Jobless Claims Will Help Drive the Value of the US Dollar Tomorrow

In the gold market, we are in the ballpark, where we are seeing big support with $1,825 area. This is the zone where I believe the bottom to shape up in..

A Golden Valentine?

Fed leader Jay has been adamant that these anticipated rate cuts won’t play out as expected.  If his actions match his words, the stock market rally will die.

Gold Price Update Video: Wild trading day as hotter CPI...

Labor and the CPI data giving the FED problems. There is no easy way to get back to 2% inflation and I am starting to believe that this is a fictional number

Sentiment Speaks: Will The Next CPI Report Trigger A Rally To 4300 Or A Crash?

So, what is the most important takeaway from these reports? Is it that we should be looking a lot closer at the substance of these reports? Absolutely not.

US Dollar Reaction to CPI Report in the Morning will Set Tone

The CPI maybe a nothing report or it maybe a monstrous report. The algos will take action in the first minutes, best to watch and then react by ...

Asian Metals Market Update: Get ready for a big price move post CPI

Overhyped is US January consumer price index (CPI) number. Traders reaction will be wild.

Gold SWOT: China Raised Its Gold Reserves for a Third Straight Month

he People’s Bank of China (PBOC) increased reserves by about 15 tons in January, according to data on its website on Tuesday, pushing its total to 2,025 tons.

Gold Update: $2,000?

Gold has been extremely embed (RSI), heavily overbought, typical characteristic seen during a new 8-year cycle which will see gold taken to $5,000 - $10,000 before it tops. For the short-term, miners are showing an intermediate...

Technical Scoop: Surprising bullishness, notorious February, eery gold, Dollar break, blockbuster jobs, soaring energy

Canada's job numbers were blockbusters. We have a look. Markets were mostly in the red this past week. Except for oil and gas as oil in particular soared as Russia is cutting production.

TNX a Comprehensive Look at US Interest Rates

The long term charts above are strongly suggesting that the bear market in interest rates ended during the pandemic crash low in 2020 after 39 years of decline.

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