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Market Updates

Strong Dollar and Rising Interest Rates Still a Headwind

Gold is back to the 18 week moving average and looking to establish itself around here. I am not bearish on gold..

Gold Gets the Grip n’ Trip Treatment

Either way, ’twas a “nothing week” for Gold, which given the approval of the DDD ought rightly have sent the yellow metal to the moon.

Gold’s Fedspeak Pullback

The bottom line is gold’s hawkish-Fedspeak-driven May pullback has likely mostly run its course.  Top Fed officials have been talking tough on future rate hikes, but now they have to..

The Jobs Report Will Determine Today's Activity

A super dove at the Fed speaks yesterday but ADP was super strong. The jobs report out this morning will be a market mover. How strong of a number will it be? Gold had a bounce..

Gold Bull Trap Rally

We are in a B-wave bounce in Gold. I do not believe we will run to a new high on this run, it is a trap. Usually these rallies last 5 to 8 days...

Gold SWOT: Fortuna Silver reports the successful first gold pour at its Seguela Mine

Goldman Sachs expects a continued focus on mergers and acquisitions due to the supportive gold price environment and strong balance sheet positions.

Today's Private Jobs Numbers & Debt Ceiling Vote Will Impact Markets

Today is a big day with some key reports: ADP and layoff data. Friday's jobs report and debt-ceiling vote. Gold's resistance is at $1,988.20 zone ...

Are Bears Just Taking A Break?

But, when we break that 4104SPX support, that will open the door to the bigger pullback I am expecting as we look out a number of months from today.

Beige Book Comes Out at 1:00 CT; We Should See a Reaction

Copper finding demand problems and price pressures from China. Gold under pressure too. JOLTS report out today. Next datasets will help to guide the Fed's next rate move.

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