Market Updates

Technical Scoop: Alternate GDP, money growth, job surprise, hike fear, market resistance, tense Taiwan, energy hit, bear rally

Markets have been rebounding but are now running into resistance zones whether it be the stock market or the precious metals markets (gold, silver).

Gold Update Video: Pushing higher

By Ira Epstein

If this rally continues, it should test the $1,826.40 / the 18 week moving average. Gold pushing the upper daily Bollinger band open, overbought but embedded..

Gold SWOT: Geopolitical Tensions Between the U.S. and China are Boosting Haven Demand for Gold

By Frank Holmes, U.S. Global Investors

Bullion is hovering near a four-week high as the fallout from U.S. House Speaker Nancy Pelosi’s visit to Taiwan keeps markets on edge, the article explains.

PM Stocks -- A Bottom Finally Forms

By Rambus, Chartology

Plunger: In this report I will advance the case that a bottom has finally formed in the precious metals market after a grueling two year bear market.

Thoughts on 'The Drive'

By Rick Ackerman, Rick's Picks

This change in Fed expectations from 4.0% down to 3.25% (.75% decline) on the Fed Funds rate has been accompanied by a .70% decline in the 10-year Treasury bond yield and..

A Major Gold Trend Finally Ascends

By Mark Mead Baillie

After 18 rather ingloriously agonizing weeks of Gold's "parabolic trend" being Short, it has at long last finally flipped to, well, Long.

COT Gold, Silver & USDX Report - August 5, 2022

By COT Gold Report

Positions as of 2 August, 2022

Gold: A Six Week Rocket Ride

By Stewart Thomson, Graceland Updates

Oil and gasoline prices continue to fall. That’s relieving some inflationary pressures, yet gold is surging in a dramatic rally from my $1675 buy zone.