1 Jun 2021

After 4 Up Weeks, Gold At Crucial Juncture – Pause Likely Before $1,920s Get Taken Out

by | posted in: Commodities, Currency, Derivatives, Technicals | 0

Gold has rallied for four straight weeks – up more than 14 percent from early March. Last week, the metal just about tested crucial resistance at $1,920s. Conditions – daily in particular – are overbought, and a pause is the … Continued

22 Mar 2021

Gold Bugs Put Foot Down Last 2 Weeks, Hoping Cooperation From Real Yields Ahead

by | posted in: Commodities, Credit, Derivatives, Technicals | 0

Gold peaked last August, before beginning a strong downtrend. Amidst this, gold bugs have put their foot down at dual support, rallying the metal the last two weeks. Important resistance lies ahead. Real yields likely come to gold’s aid in … Continued