Daily Market Report

This morning Gold rallied off the $1,810 low it reached last night in Asian/European trading. . . . Barry Stuppler

This morning Fed Chairman Powell testified to the Senate finance committee. During that testimony he clearly warned us that . . . . Barry Stuppler

A bull/bear war in the Gold pits around the world is happening today and continues in U.S. markets. The Gold price has traded above and below the key $1,850 support level . . . .Barry Stuppler

Gold is seeing its first weekly increase in the past month. A weaker U.S. Dollar Index (under 105) is helping . . . . Barry Stuppler

After bouncing off the recent lows on Monday, Gold is trying to build a base between $1,830 and $1,840 per ounce today . . . . Barry Stuppler

Gold rallied this morning on weaker dollar, caused by weak U.S. economic numbers and surprising growth data out of China. . . . Barry Stuppler

Gold reached a low of $1,804.70 this morning during European trading. Then, the U.S. markets opened and it was announced that the Consumer Confidence Index (CCI) . . . .Barry Stuppler

This morning Gold bottomed out before the U.S. Commerce Department released the January durable goods data . . . . Barry Stuppler

The core Personal Consumption Expenditures (PCE) price index was released today . . . . Barry Stuppler

Gold continues to have trouble holding a rally above $1,830 per ounce. . . . Barry Stuppler