Barry Stuppler

Inflation concerns fired up this morning as the Oil price increased 3%. This is the highest price for Oil since . . . .

Last Tuesday, Gold broke down below the key $1,280 per ounce support level. On that day, the U.S. Dollar index moved above the 97-resistance . . . .

Today Gold was locked into a $5 high/low trading range, between $1,272 and $1,277 per ounce. Gold needs to break . . . .

Gold traded between $1,272.70 and $1,279 this morning, a very tight high/low spread. A strong Euro could drive the U.S. Dollar . . . .

A stronger U.S. Dollar Index, based on a pending announcement regaurding the U.S. – China trade agreement, combined with a story

While two weeks ago the Gold price closed between $1,289 and $1,290.40, only a $1.40 range, the closing range last week . . . .

Gold tested support this morning, reaching a low of $1,281 before major buying appeared . . . .

After yesterday’s $17 price drop Gold has returned to a tight trading range between $1,288 to $1,295 per ounce. It appears . . . .

This morning it was reported that in March U.S. jobless claims fell (lowest level since 1969) and the Producer price index increased. These two . . . .

Many of the professional traders who shorted Gold at $1,300 are now covering those short-sells. That buying is helping . . .