temporary

Gold Next Week – Place Your Bets!

Gold Next Week – Place Your Bets! Commentary for Friday, September 25, 2020 (www.golddealer.com) – Gold closed down $10.60 at $1857.70 today and was up $8.00 in quiet aftermarket trading. Not spectacular but good enough in a crazy week of trading that caught everyone by surprise and then turned into a panic session as most […]

Gold – Trying to Climb that Wall 

Gold – Trying to Climb that Wall  Commentary for Friday, September 18, 2020 (www.golddealer.com) – Gold was firm going into the weekend but ran into overhead resistance around $1960.00 finishing the day up $12.10 at $1952.10. Silver was quiet up $0.04 on the $27.03. Gold closed last Friday at $1937.80 so on the week we […]

Gold – In the Middle Again

Gold – In the Middle Again Commentary for Friday, September 11, 2020 – Gold closed down $16.40 at $1937.80 in this short trading week featuring an erratic stock market. Can’t say gold developed much new buzz – at the same time look at the close – fighting for the middle of a price channel established […]

Gold – Tenuous and Quiet

Gold – Tenuous and Quiet Commentary for Friday, September 4, 2020 – Gold closed down $3.70 today at $1923.90 in quiet trading but up $12.00 in the aftermarket which is significant. Most US traders have left for the Labor Day weekend and the big aftermarket in gold may relate to US stock loses seen these past […]

Gold – Getting Ready to Roar Again?

 Gold – Getting Ready to Roar Again? Commentary for Friday, August 28, 2020 – Gold closed up a surprising $43.00 today at $1964.60 as Powell’s latest comments on the Fed’s targeted inflation rate gets more attention. Last Friday gold closed at $1934.60 so on the week we gained $30.00. But it was a wild week […]