Barry Stuppler

As the U.S. Dollar continues to rally (above 94.50), Gold remains in a holding pattern between $1,750 and $1,770 per ounce . . . . Barry Stuppler

Last Friday it was reported that U.S. employers added just 194,000 new jobs in September, well below expectations . . . . Barry Stuppler

Investors are awaiting to hear from the Federal Reserve for information on a stimulus tapering timetable . . . . Barry Stuppler

U.S. employers added just 194,000 new jobs in September, well below expectations . . . . Barry Stuppler

The bears took another unsuccessful run at Gold’s key $1,750 level last night . . . . Barry Stuppler

Both interest rates and the value of the U.S. Dollar increased (over 94) this morning . . . . Barry Stuppler

Gold tested the $1,750 per ounce support level again last night in Asian trading and held . . . . Barry Stuppler

Gold sold off early last week, reaching a low of $1,721 in early Asian and European trading Thursday. As trading rolled out of Europe and into the U.S., the buyers and volume came back . . . . Barry Stuppler

The markets await the September Jobs data, which will be released later this week . . . . Barry Stuppler

This morning the U.S. Dollar and interest rates moved lower, which caused Gold to reach a high of $1,765 before seeing short-term profit taking . . . . Barry Stuppler