Daily Market Report

Gold broke through the $1,280 short term resistance level today and is continuing higher . . . .

Fire & fury, and Gold is back on its bullish track, reaching a high of $1,276 today . . . .

Gold tested the $1,250 per ounce support level this morning, reaching a low of $1,251 before sizeable buying appeared . . . .

Gold is trading in a very narrow $4 high/low range today, between $1,259 and $1,255 per ounce . . . .

Considering that the Dow Jones Industrial Average is over 22,000 and U.S. employment rate gained 209,000 new jobs in July, Gold is surprisingly holding above $1,250 per ounce . . . .

Gold is consolidating after its recent rally, trading between $1,260 and $1,270 per ounce for most of today . . . .

Gold is trading in a very tight $10 high/low range, from $1,262 to $1,272 per ounce . . . .

The Gold rally continues as the U.S. Dollar Index drops below 93.00, hitting a new 2017 low . . .

As the U.S. Dollar Index continues to fall (93.19), Gold is holding well above the $1,265 price level . . . .

After the Gold rally that started on July 7th, with Gold at $1,212, the price has continued to move higher . . . .