Barry Stuppler

A good number of professional commodity traders have recently shorted Gold . . . .

The Gold price remains on the defensive, hitting a low of $1,254.50 per ounce in early trading . . . .

President Trump has promised to institute trade tariffs on various imports, and some countries haven’t been happy about his actions . . . .

Gold is trading in a narrow $8 High/Low range from $1,264 to $1,272 per ounce today . . . .

Last week was the second week in a row that the Gold price was on the defensive . . . .

Gold has traded in a very tight $5 High/Low spread today, between $1,266 and $1,271 per ounce . . . .

Research firm Rhodium Group estimates that in the first five months of this year Chinese acquisitions and investments into America amounted to just $1.8 billion, off 92 per cent since this time last year, CNBC reports . . . .

After Dumping Half of US Treasuries in April . . . .

This morning in early morning trading Gold was sold down to $1,258 per ounce on little selling. At that point . . . .

The stronger U.S. Dollar Index, which is now at the 95 level, is keeping Gold from moving higher . . . .