Skip to main content
loading
loading

Market Updates

Technical Scoop: Dominating ceiling, recession indicators, inflated gold, narrow rally, awful commodities, precious N

Recession or no recession? Apparently Germany has fallen into a recession. Could we be far behind? The indicators keep saying yes we will.

Now MSFT Leads Stampede

Microsoft's bullish rampage last week added to already strong evidence that the stock market is headed to new records highs.

Gold: Our Near-Term Downside Target Zone

Therein, the green zone encompasses Golden Ratio support spanning from 1912 to 1874.

Gold & Silver: Light Buying Is The Plan

Technical stock chart updates on $GDX, $XLE, $NUGT, $BRO.v and more.

COT Gold, Silver & USDX Report - May 26, 2023

Positions as of  Tuesday, May 23, 2023

Gold Is Working Down Into a Bottom

Most traders do the opposite of what they are doing. These are the buying opportunities in gold bottoms (into the i.c.l.)

Consumer Sentiment Indices Release Due Today

Debt limit deadline looms, will there be a default? Jobs report and CPI data coming up next. This is where I think Gold will start holding. The 18-week average is where the market should firm up ...

A Showdown in Gold Is Imminent

They also give an update on their gold price forecast to the end of the year. They had previously given a price target of just shy of $4,800 by 2030.

Kansas City Fed May Manufacturing Composite Out at 10AM CT

The gold market pattern has changed today. Did you see yesterday's market action in the morning? The short covering spree. Trying to short gold here is a land mine..

Rally Time For Gold?

The global de-dollarization tidal wave is an issue separate from the US debt problem, but it will make the debt harder to expand and service, since there will be less demand for dollars.

Subscribe to Market Updates

Newsletter Signup

GoldSeek Free Newsletters
GoldSeek Daily Edition
Gold & Silver Seeker Report
Gold Seek -- Peter Spina