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Gold Approaches Two Year Lows

Gold Approaches Two Year Lows Commentary for Wednesday, Aug 15, 2018 – Gold closed down $15.50 at $1177.50. Obviously the bears are still having their way – as both gold and silver approach 2 year lows. Still, lower prices across the board should not surprise and the lack of fresh speculative money or some bargain […]

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Gold Continues Weaker and Contrary

Gold Continues Weaker and Contrary Commentary for Monday, Aug 13, 2018 – Gold closed down $19.80 at $1191.30. The bullish contingent is getting thinner and their hope had been that while gold broke down at $1250.00 in early July the price curve flattened out around $1210.00. So perhaps the important $1200.00 support would hold and […]

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Gold Yawns into a Hot Summer Weekend

Gold Yawns into a Hot Summer Weekend Commentary for Friday, Aug 10, 2018 – Gold closed down $0.80 at $1211.10 – so another slow day at the ranch. It closed this past Monday at $1208.60 so on the week we all fell asleep over $2.50. As gold gets cheaper I can’t say the US trade […]

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Gold Threatens $1200.00 Again

Gold Threatens $1200.00 Again Commentary for Monday, Aug 6, 2018 – Gold closed down $5.60 today at $1208.60 continuing to encourage the bears. The Dollar Index has crept high since last Tuesday moving from 94.33 through 95.37 so a stronger dollar continues to weigh on the price of gold. And frankly this market is looking […]

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Gold Remains Technically Weak

Gold Remains Technically Weak Commentary for Friday, Aug 3, 2018 – Gold closed up $3.60 at $1214.20 off its highs but in the green. It opened on Monday at $1221.30 and closed today at $1214.20 a loss of $7.10 on the week. The pricing action for gold today looked more promising in early trading some […]

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