Daily Market Report

  1. Silver Showing More Price Support Than Gold

    Silver Showing More Price Support Than Gold

    Gold continues to trade above and below the key $1,400 per ounce level. Traders are looking to the Federal Reserve announcement coming . . . .
    (Read More)
  2. Gold In Bull / Bear War At $1,400 Resistance Level

    Gold In Bull / Bear War At $1,400 Resistance Level

    Gold traded higher in Asia and Europe, reaching a high of $1,406, but when it rolled into the U.S. it sold off, trading below $1,400 per . . . .
    (Read More)
  3. Judy Shelton Nominated To Federal Reserve Board

    Judy Shelton Nominated To Federal Reserve Board

    Gold made its second unsuccessful attempt to break above the key $1,438 resistance level in late trading yesterday. I think next week it will break above after the long . . . .
    (Read More)
  4. Gold Rallied In Asia Overnight

    Gold Rallied In Asia Overnight

    Gold rallied in Asia overnight, moving back above the key $1,400 per ounce resistance level . . . .
    (Read More)
  5. Gold Price Drops After Trade War Truce

    Gold Price Drops After Trade War Truce

    Trumps agreement with the Chinese over the weekend, reaching a truce on the current trade war and agreeing to restart negotiations, has caused Gold to . . . .
    (Read More)
  6. Silver Treads Water Waiting On Gold

    Silver Treads Water Waiting On Gold

    A major buyer came into the Gold market in Asia this morning, driving the price up to $1,423 per ounce. At that level sellers appeared and drove Gold . . . .
    (Read More)
  7. Gold Market Waits On G-20 Results

    Gold Market Waits On G-20 Results

    This morning we saw Gold’s second test of the very important $1,400 support level. Gold reached a low of $1,398 before serious buying appeared . . . .
    (Read More)
  8. Gold Tests Important $1,400 Support Level

    Gold Tests Important $1,400 Support Level

    Gold tested its $1,400 support level in early Asian trading. Gold reached a low of $1,402 per ounce before sizeable buying appeared and quickly rallied . . . .
    (Read More)
  9. Another Wild Night In The Asian Gold Markets

    Another Wild Night In The Asian Gold Markets

    Another wild night in the Asian Gold Markets. Gold reached a high of $1,438 on unbelievable trading volume. A major seller appeared at that point . . . .
    (Read More)
  10. Silver Shows Resistance At $15.50 Per Ounce Level

    Silver Shows Resistance At $15.50 Per Ounce Level

    Gold continues to rally as the U.S. Dollar Index and interest rates move lower. Trader’s eyes are looking forward to this week’s G-20 meeting and any . . . .
    (Read More)

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