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Market Updates

Gold – Pullback as a Springboard

A sharp and significant price pullback would lead to a sentiment cleansing, allowing the overarching rally to continue afterwards and potentially maintain strength until next spring.

Gold in 60 Seconds (III)

The yellow metal today at 2674 is undervalued by some -1069 points per its 3743 Dollar debasement value.  Dip Gold may near-term do, but long-term do not Gold eschew.

COT Gold, Silver & USDX Report - October 11, 2024

Positions as of Tuesday, October 8, 2024

Gold Miners’ Epic Quarter

Last quarter’s dazzling record gold prices combined with forecast lower mining costs will catapult unit earnings and Q3 results to astounding levels.

China to Announce Stimulus

The pattern has been one of lower highs, lower lows if you look at the swing line study.

Metals: US Interest Rates Soar Sending USD Higher & Metals Lower

When we take a look at what the market's doing here, you've entered a downtrend status of lower highs, lower lows.

Breakout in Silver

This is where the cartel really died...they tried multiple times here to drive gold back below $2000, but failed to do it.

Gold Stocks: A Cup & Handle Is Born

A big decline in rates is likely, and it “should” be accompanied with a surge to $3000-$3300 for gold.

China’s Stock Market Sell-off Takes Metals Lower

So everything's been delayed as I look at it, lower highs, lower lows.

Sentiment Speaks: If You Follow The Fed Then You Are Behind The Curve

When the Fed finally followed the market in lowering rates, the market made the Fed look even more foolish by starting its decline in bonds the day before the Fed announcement.

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