Barry Stuppler

Gold remains on the defensive as the U.S. Dollar index hit a 3 1/2 month high today, and the 10-year U.S. Treasury rate moved above 3%, the highest rate in 4 years . . . .

A few massive Gold orders (maybe a central bank) hit the Asian markets this morning, causing Gold to rally $7 per ounce . . . .

After hitting a high of $1,358 per ounce last Wednesday, Gold closed the week at $1,337 per ounce. Gold was down $10.60 for the week, but still up $32 for the year . . . .

Gold opened lower, reaching an early morning low of $1,322 per ounce based on raising interest rates . . . .

Gold couldn’t move back above the key $1,350 level this morning and sellers jumped in, taking the price down to the low of the day . . . .

Gold reached a high of $1,354 in early trading today. When sellers appeared, the price couldn’t stay above the key $1,350 level . . . .

Finally, after four attempts in the last month, Gold has moved above $1,350 per ounce . . . .

Today, Gold briefly broke below the $1,340 level and quickly rallied back on excellent demand . . . .

Gold rallied on Friday based on the threat of a missile attack and the increase of geopolitical problems in the Middle East . . . .

Gold opened lower, reaching an early low of $1,341 per ounce, but quickly turned higher . . . .