Barry Stuppler
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Here’s Why Gold is Now Poised to Run to $1,550 and Beyond
(Read More)Technical analyst Gary Savage examines gold’s recent big pullback, and explains why the downturn is a healthy part of a much larger bullish move higher for the yellow metal . . . .
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Daily Market Report 10/7/16
GOLD $1,250 per ounce is an excellent support level, and today Gold briefly broke below it, reaching $1,242 before quickly rallying back. Monday will be an important day to find out how much support the Asian, Middle Eastern, and European markets will provide. At 11am PDT today, Gold is trading at $1,254, up $3 on active volume. SILVER After hitting...(Read More) -
3.2 million oz of COMEX paper gold crashed the price on Tuesday 10-4-16
(Read More)The evidence is out. 3.2 million ounces of gold futures, not gold, were traded in the first few minutes after New York opened the day before yesterday. This is what caused the fall triggering stop losses . . . .
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Daily Market Report 10/6/16
GOLD Gold hit a four month low this morning of $1,250 per ounce, a major support level, before finding sizeable buying. I believe the worst is over, Gold should find support at this level and, after a short period, start moving back to the important $1,300 level. This week’s decline was focused on cleaning out the short term speculators and...(Read More) -
Gold Holds Near Three-Month Low on Rate Outlook Before Jobs Data
(Read More)Gold held near a three-month low as investors awaited Friday’s U.S. jobs report for more clues on when the Federal Reserve will raise interest rates amid growing expectation for a hike soon . . . .
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Daily Market Report 10/5/16
GOLD After Gold’s correction yesterday, based on U.S. manufacturing numbers, a lot of day traders cleared out their positions. We saw a strong bottom on Gold today when it hit $1,262. Now we are starting to see Gold recovering and developing a base. This is an excellent Gold buying opportunity if you are a long term buyer, as the U.S...(Read More) -
Daily Market Report 10/4/16
GOLD In early trading, the Gold price broke below the important $1,300 per ounce level after upbeat U.S. manufacturing data stoked expectations that the Federal Reserve would hike interest rates by year-end, driving the Dollar higher. After Gold broke below the $1,300 level, sell stops were triggered and professional traders shorted Gold which quickly drove the price lower, reaching $1,281.50...(Read More) -
Weekly Market Report 10/3/16
(Read More)Chinese Renminbi joining IMF SDR currency is bullish for Gold price . . . .
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Daily Market Report 10/3/16
GOLD This morning Gold is trading in a very narrow $9 high/low price range. Gold has found excellent support around $1,310, but resistance at $1,319 per ounce. At 11am PDT today, Gold is down $3 per ounce, trading at $1,312 per ounce on average volume. SILVER Silver continues to trade above and below the important $19 per ounce support level...(Read More) -
Daily Market Report 9/30/16
GOLD Gold is showing good physical demand and price support above the key $1,300 per ounce level. At 11am PDT today, Gold is trading at $1,315 per ounce, down $7 on normal volume. SILVER This morning Silver found major buyers at its low of $19.04 per ounce in Asia and Europe. The price rallied $0.30 above its low as demand...(Read More)





