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Market Updates

Metal Markets...Deal With Canada Late in the Day

When you look at the gold market here, you are back up to $2825 for the week. The pattern is one of higher lows, higher highs—which is bullish.

Asian Metals Market Update for 4th February

Gold and silver can be a day trader's paradise and a nightmare for those investing at the current price.

Gold SWOT: Gold Reached a New All-Time High. What’s Next?

A surge in gold shipments to the U.S. has led to a shortage of bullion in London, as traders amass an $82 billion stockpile in New York over fears of Trump administration tariffs.

Sentiment Speaks: A Long-Term Bear Market (SPX) Is Simply Impossible

Until the market actually breaks down below the larger degree of support I have noted, I still think we will see the 6273-6377SPX region before we consider that a major top may be struck.

US Stock Market: Elliott Waves Of Danger

We are now rallying in wave *iii*, which has a final projected endpoint of 3042.30! Trading Recommendation: Go long gold. Use puts as stops.  

Technical Scoop: Tariff Losers, Inflation Expectation, Gold Win

Given recent market uncertainty and volatility, it may be no surprise that gold rose 2.0% this past week to record highs at $2,835.

Strength of US Dollar via Tariffs

You can see how the charts come up against an all-time high. The market's backing off, big support's $2697, about a hundred dollars an ounce lower.

Asian Metals Market Update for 3rd February

Gold and more so physical gold is the only hedge against the current world situation.

Gold Achieves Golden Goal 1 of 3 – A Fresh All-Time High

Were the trendline’s pace to be maintained, Gold would reach $3,000 in 14-weeks’ time by that ending 08 May. 

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