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 trend after Mr. Powell 50pbs hike in May comment vs Russia Ukraine war
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
Will gold go to 1835 even though the FOMC is calling for tapering?
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
Will gold break the 1745 after April 7, 2021 FOMC Meeting?
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 around 1733-1736 to wait for US Retail Sale report
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 stimulus vs Bond Yield
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
Bond yield is going up generating bearish gold signals for Feb 25-26, 2021
gold is sold off because US Bond Yield is going up
Gold market analysis and gold signal after Mr. Powell speaking for Feb 24, 2021
Gold is consolidating from 1798 to 1815 after Mr. Powell’s speaking about US interest rate and monetary policy
Gold market analysis and gold signal for Feb 22, 2021
Gold is making a correction after the last week’s heavily sold-off. Gold short term trend is up
Gold market analysis and gold signal after US NFP for Feb 8, 2021
Will gold make a correction to 1831-1835 after bad US NFP report last Friday?