US DOLLAR TECHNICAL ANALYSIS Prices turned lower as expected, with prices digesting losses near monthly lows. A daily close below the 11858-86 area (23.6% Fibonacci retracement, March 18 low) exposes the 38.2% level at 11679...
Over the last week both gold and silver were higher before stabilizing on Friday. The Fed induced rally which started on Wednesday March 18th, was probably the “reason” for the optimism in the precious metals complex...
On Monday gold prices kept declining extending losses from the previous session, as market participants eyed the direction of the US dollar to estimate the appeal of the yellow metal...
US DOLLAR TECHNICAL ANALYSIS Prices turned lower as expected, with prices digesting losses near monthly lows. A daily close below the 11854-78 area (March 2009 high, 14.6% Fibonacci expansion) exposes the 11679-737 region (February 26 low, 38.2% Fib retracement...
On Thursday gold prices touched the highest level in almost four weeks, after the news that Saudi Arabia launched military operations in Yemen. The greenback extended its slide...
In 2015, the gold will be dropping for the third straight year, as concern eases that global economies will falter, curbing demand for the metal as a haven, according to CPM Group...
On Wednesday, copper was seen declining as some investors sold to lock in recent gains. Nickel also fell after inventories hit an all-time peak, signalling a glut of metal...
Gold declined and silver dropped on Wednesday after inflation data showed the world’s biggest economy keeps growing, driving prospects for an increase in US interest rates...
Both gold and silver were consolidating during the first days of the week. Gold tested a couple of times the $1145 level and silver $15.45...
The most common explanation of the recent jump in the prices for gold and oil after the Fed's statement has been the drop in the greenback, but the two commodities don’t always have an inverse relationship with the latter...
Gold closed the week at $1,183.16 up $24.61 per ounce (2.12%). Gold stocks, as measured by the NYSE Arca Gold Miners Index, rose 0.45%. The U.S. Trade-Weighted Dollar Index lost 2.40% for the week...
On Monday gold prices declined in Asia, as investors got nervous about the timing of a highly expected Federal Reserve rate hike guides investors...
The Federal Reserve’s Open Market Committee concluded their March policy meeting and it certainly gave traders plenty to chew over heading into Q2...
On Thursday gold price surged to a two-week high, as markets interpreted the Federal Reserve's statement as dovish...
Gold and silver have a little trickier of a situation to navigate and invest for maximum returns over the next 2+ years. The most important thing to realize is that when a full blown bear market starts virtually all stocks and commodities drop including gold, silver and oil...
The Hidden Pivot methodology shows the current 3 leg pattern (A-B, B-C, C-D) in play. The first leg started in September 2012 which marked point A, and reached point B in June 2013. The second leg, a bounce, was a very shortlived move from June 2013 (point B) till August 2013 (point C...
On Wednesday gold traded at more than four-months low before Fed's upcoming statement, as investors expect the central bank will signal a June rate hike by dropping a pledge to be "patient" from its statement later in the day...
Australia & New Zealand Banking Group Ltd predicted that gold demand in Asia is likely to double by 2013 and drive prices to a record, as investment and jewelry purchases climb...
Gold and silver have no third-party counter risk. Both are debt-free and with a proven history for having an intrinsic value...
Copper climbed on Monday, underpinned by growing expectations for further monetary easing in China...
