temporary

Gold – Ready or Not?    Commentary for Tuesday, Dec 11, 2018 (www.golddealer.com) – Gold closed down $1.80 at $1241.90 today. While gold appeared firm in overnight trading the domestic market experienced a jump in the Dollar Index which rained on the parade. In early trading the index moved from 96.88 through 97.50 – a […]

Gold – Interesting but Quiet  Commentary for Monday, Dec 10, 2018 – Gold closed down $3.10 at $1243.70 today. Pricing action today for gold was subdued – typical holiday stuff. With the dollar pushing higher – the Dollar Index moved above 97.00 and the last FOMC meeting a few weeks off we could be doing worse. […]

Gold Settles – On the Sleepy Side    Commentary for Thursday, Dec 6, 2018 – Gold closed up $1.00 at $1238.10. So we finished in the green but the day was kind of a fizzle considering gold’s pop to higher ground in earlier trading.  The shorter term technical picture remains upbeat in that we challenged […]

Gold Demand Hopes Push Prices    Commentary for Monday, Dec 3, 2018 – Gold closed up a surprising $13.70 at $1233.90 today. It actually woke up in overnight trading on the news that the China and the US have decided that bullying the other party does not work in their interests and makes the world nervous […]

Gold Ponders its Future    Commentary for Friday, Nov 30, 2018 – Gold closed down $3.90 at $1220.20 today. Still not much happening if you consider that gold closed Monday at $1229.80. The best aspect, as far as the gold community is concerned is simple and positive. For now the FOMC and Chair Powell seem to […]