Barry Stuppler

After breaking above the key $1,800 level on May 6th, Gold kept on moving higher last week. . . . Barry Stuppler

As we move into the weekend, many commodity traders clear their positions, causing a little more volatility . . . . Barry Stuppler

Gold has traded today between $1,870 to $1,885 per ounce, as it continues to consolidate recent gains . . . . Barry Stuppler

Gold rallied $20 this morning as the Chinese government puts heavy restrictions on the use of Bitcoin . . . . Barry Stuppler

The U.S. Dollar Index broke below 90 this morning, which helped Gold reach $1,875 per ounce . . . . Barry Stuppler

This morning Gold traded above and below the key $1,850 level in Asian and early European trading, until low interest rates and U.S. Dollar caused a breakout . . . . Barry Stuppler

Demand came roaring back in late Asian and early European trading last night and Gold moved above the $1,840 level . . . . Barry Stuppler

The U.S. Dollar Index and interest rates are trading in a tight range and so is Gold . . . . Barry Stuppler

Today is the fifth trading day in a row that Gold has closed over $1,800 per ounce, and is now is establishing a base between $1,800 and $1,850 per ounce . . . . Barry Stuppler

This morning, the Dollar Index has dropped to 90.10 and 10-Year Treasuries are below 1.60% giving the Gold price a boost . . . . Barry Stuppler