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 (July 2) U.S. stocks followed their European counterparts higher on Thursday, and the dollar dipped after a softer-than-expected June employment report eased the likelihood of a rate hike ...
The gold market is trading higher on Wednesday morning after the latest employment data showed the U.S. labor market adding ...
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 ...
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 ...
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 ...
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 ...
LONDON (June 26) Commerzbank analysts highlight a weakening Gold market, with prices briefly slipping below USD 4,000 per troy ounce before recovering. They note that strong US data and hawkish ...
New Federal Reserve Chair Kevin Warsh views inflation primarily as a monetary phenomenon, adhering to the Milton Friedman dictum that persistent price rises are a choice made by the central bank.
AG Thorson is a registered CMT through the MTA and an recognized expert in technical analysis of the precious metals markets. He is also the Editor of GoldPredict.com where members receive daily ...