Market Updates
Metals: April PPI Indicator
You have an uptrend of higher lows and higher highs. The market got over the 18-day moving average of closes and fell back to support.
Ira Epstein
Tue, 05/14/2024 - 03:33
Gold SWOT: China’s Central Bank Topped Up its Gold Reserves for an 18th Straight Month
Gold's record-breaking rally since mid-February — with successive all-time-highs reached last month — seems to have dented demand, according to Bloomberg.
Frank Holmes
Mon, 05/13/2024 - 10:36
Gold Garners a Groovy Golden Ratio Retracement
Has the near-term downside Gold correction run its course? Or is the perfect Fibonacci Golden Ratio retracement and subsequent same-day pullback signaling the resumption of such downside?
Mark Mead Baillie
Sun, 05/12/2024 - 16:29
Gold is a Counter-Cyclical Anchor
Gold is changing trends, and that does not bode well for 2025 for most markets. Gold has counter-cyclical characteristics and the gold mining industry leverages gold’s relative standing to the cyclical macro.
Gary Tanashian
Sun, 05/12/2024 - 16:11