The Fed chairman, Powell, speaking will set a 450-600 pips gold trading range
Gold dropped from 1909 to 1786 after the news that the Fed would aggressively to raise US Interest Rate by 0.5 to 0.75 to counter … Read More
Gold dropped from 1909 to 1786 after the news that the Fed would aggressively to raise US Interest Rate by 0.5 to 0.75 to counter … Read More
Gold trend was up from 1921 (April 4, 2022) to 1995-1998 (April 18, 2022) because the Russia Ukraine did not reach a peace deal after … Read More
Gold failed to break the 1796-1798 several times after the earlier taping called in the last week FOMC Meeting minutes. Gold closed around 1708 last … Read More
Gold was sold off to 1681 last week and it has gone up from 1681 to 1745 in the last couple of days. Gold may … Read More
Gold is testing the 1733-1736, will it go to 1759 or being sold-off after today’s US Retail Sale report? Please read this gold market analysis for more details
US Senate passed the new 1.9 trillion Covid stimulus package on Sunday Mar 7. Gold made a gap from 1698 to 1701 and then went … Read More
gold is sold off because US Bond Yield is going up
Gold is consolidating from 1798 to 1815 after Mr. Powell’s speaking about US interest rate and monetary policy
Gold is making a correction after the last week’s heavily sold-off. Gold short term trend is up
Will gold make a correction to 1831-1835 after bad US NFP report last Friday?