Gold (XAU/USD) trades right above the $4,000 psychology¡gicval level at the time of writing, after hitting fresh year-to-date (YTD) lows at $3,941 earlier on the day. The precious metal has turned ...
With the action seen over the past week or so, the downward phase of the 34-day cycle was confirmed to be back in force - with the same now seen as true for the bigger 72-day component. With that, the ...
From my prior articles, the last key low for Gold came with the bottoming of our 72-day cycle - made back in early-June. From there, the analysis called for strength into the late-July timeframe or ...
NEW YORK (January 22) The private sector is following the trend set by central banks by diversifying into gold, prompting Goldman Sachs to raise its year-end gold price target by more than 10%.Just ...
NEW YORK (June 16) Central bank demand has been a solid pillar of support for the gold market as prices pushed to all-time highs at the start of the year. According to the latest report from the World ...
Gold's recent selloff has certainly tested investors' nerves. On Wednesday, the yellow metal briefly fell below the $4,000-an-ounce mark, leaving prices roughly 28% below the all-time highs reached ...
Further resilience in the U.S. economy and muted inflation pressures are pulling gold prices lower, with the precious metal continuing to struggle around $4,000 an ounce.The Bureau of Economic ...
After a brief rebound, metals and miners turned lower following Wednesday's hawkish Fed announcement, potentially setting up ...
Jack Chan is the editor of Simply Profits, established in 2006. Chan bought his first mining stock, Hoko Exploration, in 1979, and has been active in the markets for the past 37 years. Technical ...
Gold price (XAU/USD) clings to Wednesday’s losses near $3,985 during the European trading session on Thursday. The yellow metal remains under severe pressure as traders seem confident that the next ...
Chinese gold imports surged to the highest level in two years last month despite sagging prices and cooling demand. According to the latest customs data, China imported 163 tonnes of gold in May. The ...
As usual, we begin with examining the Dow Jones’ Bear’s Eye View Chart, or the Dow Jones as Mr Bear understands it; in terms of new all-time highs (0.0% = BEV Zero), and the negative percentage ...
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