Barry Stuppler

Between the U.S. Navy stopping and boarding Iranian oil tankers and the Islamic Revolutionary Guard attacking foreign ships in the Straits of Hormuz, precious metals prices. . . Barry Stuppler

As precious metal trading moved into London and the U.S. this morning, Gold fell from the Chinese high of $4,730, below the $4,700 resistance level... Barry Stuppler

With another round of possible talks on the Iranian war scheduled for early next week, the Gold price found support and fresh buying this morning. . . Barry Stuppler

While Trump threatens to destroy Iranian boats laying mines in the Strait of Hormuz, and the Iranian say they are receiving revenue. . . Barry Stuppler

Gold rallied this morning on the extension of the Iranian ceasefire and a weaker U.S. Dollar plus a drop. . . Barry Stuppler

As the Iranian war news turned negative the Gold price headed south. . . Barry Stuppler

On Saturday, Iran closed the Strait of Hormuz and fired on two ships. Iran is saying the Strait will remain closed . . . . Barry Stuppler

These events led Gold to drop $80, while oil and the U.S. Dollar rallied at the start of trading... Barry Stuppler

Gold traded at under $4,800 in oversea trading last night, but when it was announced that the Strait of Hormuz are open during U.S. trading Gold jumped... Barry Stuppler

Gold reached a high of $4,840 in oversea trading last night, but couldn’t stay above $4,800 when Gold... Barry Stuppler