Gold News

It is increasingly clear that events beyond the United States borders will play an important role in defining the trends over the next few weeks for the precious metals and currency markets. Of course, the international perspective is a critical component of the
Macron will face Le Pen in the second round of the French presidential election. What does it mean for the gold market? Initial Results According to the initial results, centrist Emmanuel Macron and nationalistic Marine Le Pen will fight for the French preside
How can ordinary people ever understand the importance of gold when they are continuously fed with false and distorted facts. The latest publication to publish false and ignorant propaganda on gold is the British weekly magazine the Economist. The article begins with a
In my last missive, I presented our medium-term Gold Forecast. Cycle conditions suggested that a top was at hand. Geopolitical events (Syrian missile strikes and North Korea) extended the rallies in gold and oil an additional week. Prices topped, consequently our fo
Those who have been paying attention to the price of gold in recent years have seen it move up to around $1,350—and back down again. Now, with gold making a comeback in 2017 (only to hit a wall of resistance today, with the price down over $10 as of this writing), i
On April 3rd—the beginning of the month’s trading—gold was around $1,254 per troy ounce. Gold is up twelve dollars as of this Good Friday morning to $1,290, perhaps on its way back into the $1,300 range, and showing no signs of stopping. But although there are enoug
There are lies, damned lies and news, to paraphrase British Prime Minister Disraeli who said: “There are lies, damned lies and statistics. Today we are fed with lies ubiquitously in the form of news and most people who just follow conventional media are totally unaware
First published on Saturday April 8 for members of ElliottWaveTrader.net:   I have read in many places on the Internet that the metals have certainly broken out.  But, as you know, I am not quite convinced.  Now, that does not mean I am bear
It’s not often in this space that we can report big spikes in the price of gold—or big movements in that price in either direction. But this has been no ordinary week in the news: US actions in Syria have raised tensions in the Middle-East—and if there’s anything that t
Several things happened on Friday and the markets reacted to them, so it’s not easy to interpret the final outcome. Was the reversal bearish or was the session bullish as gold didn’t decline substantially even though the USD rallied? Was gold’s reaction adequate, too sm

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