temporary

Gold – Bottom or Not? Commentary for Monday, April 22, 2019 – Gold closed up $1.60 today at $1273.50 in another round of quiet trading. Overnight gold pricing in Hong Kong and London was fairly steady between $1277.00 and $1279.00 – not expecting much here folks with an after Easter market. Domestic pricing however in […]

Gold Settles Quietly into Easter Commentary for Thursday, April 18, 2019 (www.golddealer.com) – Gold closed down $0.30 today at $1271.90 and was up a few dollars in the aftermarket and a reminder we will be closed for Good Friday. While gold managed to finish virtually unchanged today it is still struggling – the 30 day […]

Gold Falters? Commentary for Tuesday, April 16, 2019 – Gold closed down $14.20 at $1272.60. So did gold decide the path of least resistance is down? Well it is a bit early to place your bets but the failure of gold to hold $1290.00 opens the door to all sorts of questions. The trade thinks […]

Gold Weakens – Technical or Not? Commentary for Thursday, April 11, 2019 – Gold closed down $20.50 today at $1288.60. So we are looking at a nice downside correction in gold once again pointing out that it is struggling above $1300.00. Most likely today’s downdraft was caused by a combination of a stronger dollar and […]

Gold Remains Firm Commentary for Wednesday, April 10, 2019 – Gold closed up $5.60 today at $1309.10 reclaiming for now the important ground above $1300.00. Since late last week the Dollar Index has softened somewhat – moving from 97.50 through 97.00 – not a big deal but enough weakness to help support the price of […]