Super-leveraged traders have vast room to flood back in and chase gold higher, amplifying its gains. This extreme anomaly is unprecedented, driven by that gold bull’s unique nature.
Epstein examines the behavior of the dollar and various currencies and provides technical analysis of gold prices, emphasizing key support levels and the potential for an embedded reading.
Ira Epstein discusses the current state of the metal markets in his Metal Market Wrap-Up, addressing geopolitical tensions and their impact on market dynamics.
There will be a new wave of rise in silver, copper, and all non-ferrous metals if the price rises or remains firm. I do not see any reason to short sell precious metals...
Despite gold’s nearly 10% pullback from its January record amid Middle East–driven volatility, major banks remain constructive on the long-term outlook.