Daily Market Report

Gold continued to move lower this morning, reaching a low of $1,974 before finding bargain buyers.... Barry Stuppler

Gold broke down below the key $2,000 support level this morning, reaching a low of $1,985 before seeing sizeable demand.... Barry Stuppler

Gold rallied this morning, reaching a high of $2,023 before seeing some light selling. . . . Barry Stuppler

A strong U.S. Dollar is putting pressure on the Gold price, but Gold is showing a lot of demand at. . . . Barry Stuppler

Gold saw some serious profit taking in late European trading this morning. . . . Barry Stuppler

Gold attempted to break above the key $2,050 level this morning after the U.S. Labor Department released. . . . Barry Stuppler

Yesterday and in overnight today, Gold has stayed in a narrow trading range. . . . Barry Stuppler

The Gold price is firming up today, trading between $2,018 and $2,030 per ounce as it gets ready for the next move higher. . . . Barry Stuppler

Job growth in April proves better than expected despite bank issues and a decelerating economy. . . . Barry Stuppler

Yesterday was an exciting day with Gold trading around $2,018 per ounce until Federal Reserve Chairman Powell gave a news conference. . . . Barry Stuppler