Barry Stuppler

After yesterday’s $13 rally, Gold has traded in a tight $10 range between $1,770 and $1,780 per ounce . . . . Barry Stuppler

The Biden administration just unveiled new sanctions against the cryptocurrency exchanges . . . . Barry Stuppler

With our U.S. Dollar making a one month high of 93.23 and a Federal Reserve announcement being released this week . . . . Barry Stuppler

Today, we have the stock market, Bitcoin, the U.S. Dollar and interest rates dropping while Gold is moving higher . . . . Barry Stuppler

As the value of the U.S. Dollar continues to move higher (Above 93), it's putting more pressure on the price of precious metals . . . . Barry Stuppler

An unexpectedly strong increase in U.S. retail sales has boosted the value of the U.S. Dollar . . . . Barry Stuppler

Gold traded today in a narrow one percentage range between $1,790 and $1,808 per ounce as it continues . . . . Barry Stuppler

Gold moved above the key $1,800 resistance level this morning . . . . Barry Stuppler

In early trading in Asia and Europe, a strong U.S. Dollar took the Gold price down to $1,785 per ounce, then came sizeable buying that lifted the price to over $1,795 . . . . Barry Stuppler

After rallying four weeks in a row since reaching the August 9th low of $1,675, Gold saw profit taking last week and closed at $1,788 per ounce, down $41 for the week . . . . Barry Stuppler