Market Updates

Falling Interest Rates and Dollar Behind Metals

When we come to the chart action, we can see that we have higher lows, higher highs; the trend is clearly to the upside.

A Golden Pocket Rocket Is Launched

By Stewart Thomson, Graceland Updates

Gold is simply recoiling from the supply line of the triangle pattern… and from the previous high resistance at $2720.

CPI Will Set Tone for US Dollar Trades

By Ira Epstein

The market is getting a bounce and has a pattern that is friendly with higher lows and higher highs on the swing line.

Sentiment Speaks: Don’t Worry About A Repeat Of A 1929 Depression; It Will Likely Be Much Worse

By Avi Gilburt, Elliott Wave Trader

Whereas the 1929 crash led to one 3-year 89% market crash, I believe we will see many smaller degree crashes during the impending bear market.

Metals: Was the Break a Relief Break or Something Else?

By Ira Epstein

With a pattern of higher lows and higher highs, it's bullish. I wouldn't mind if the market pulled back into the 100-day average and the 18-day average, between $2667 and $2655.

COT Gold, Silver & USDX Report - January 13, 2025

By COT Gold Report

Positions as of Tuesday, January 7, 2025

Gold SWOT: China’s Central Bank Expanded Its Gold Reserves for a Second Month

By Frank Holmes, U.S. Global Investors

China’s central bank expanded its gold reserves for a second straight month in December, signaling renewed appetite after temporarily pausing purchases last year as prices soared.