Gold News

Gold continued to push south into last week, with the metal hitting its low in Tuesday's session - doing so with the tag of the 1492.10 figure. From there, a quick spike to the upside was seen into early-Thursday, here running all the way up to a peak of 1532.20 - b
What is history’s greatest illusion? Is it the Indian Rope Trick or is it performed by Houdini or maybe David Copperfield. No, this is an illusion which is so big that the whole world has fallen for it. Virtually every individual in the Western world and also many i
Gold confirmed a new bull market in June 2019. The current cycle likely peaked last week after surging nearly $300 since May. Next, we should get a multi-week correction into October/November and perhaps a backtest of the breakout area surrounding $1380. Commitm
Last week's trading witnessed the gold market once again forming the more bearish pattern of an early-week high into resistance, with the index hitting a peak of 1566.20, made on a Wednesday time top. From there, a sharp reversal to the downside was seen, one that s
Last week's trading saw gold forming the more bearish pattern of an early-week high into resistance, with the index hitting a peak of 1565.00, made on a Monday time top. From there, lower prices were seen into late-week, here dropping down to a bottom of 1525.60 - b
Gold held in a downside consolidation into early-to-mid week, last week, with the metal dropping down to a low of 1502.10 - registered in Thursday's session. From there, a slingshot higher was seen into Friday, with the metal running all the way up to a peak of 1540
How far down the rabbit hole will the world go? It seems that just like in Alice in Wonderland, things are getting more strange by the day. If it continues at this speed, the rabbit hole will soon become a black hole without a bottom. Bonds cost money to hold, cu
Last week's trading witnessed gold forming both its high and low for the week in Tuesday's session, here doing so with the tag of the 1546.10 figure first - before spiking down to a low of 1488.90. From there, an sideways-to-up consolidation was seen to end the week
Maecenas was a well-known benefactor in Rome for Horace and others. His name has come to mean benefactor, in many languages called a mecenate. The loss of a benefactor can be very serious for anyone on the receiving end of his alimonies. For a century, the world
Last week's trading saw gold forming its low early in the week, here doing so in Monday's session with the tag of the 1448.80 figure. From there, a straight short higher was seen into Wednesday, with the metal running all the way up to a peak of 1522.70 - before con

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