Elementary
OverviewYesterday, we received the US
CPI report and, though as anticipated it didn’t have the identical affect because it
used to, the core m/m determine...
Elementary
OverviewGold has been rallying
steadily this week since bouncing from the underside of the current vary. The delicate
US
Job Openings on Wednesday gave it the...
Basic
OverviewGold continues to commerce in
a good vary because the market awaits the important thing catalysts this week. As a reminder,
the Fed is now...
Basic
OverviewThis week has been fairly
boring throughout as the shortage of catalysts saved the worth motion confined in a
tight vary. The market is ready...
Basic
OverviewAfter the breakout of the
2480 resistance, gold ultimately prolonged the positive factors into the 2532 stage because the momentum
patrons piled in. Within the...
Basic
OverviewFinal Friday, gold had a
very constructive day regardless of an absence of catalysts, which culminated in a breakout
of a key resistance that’s been...
Basic
OverviewGold has been on a gradual
rise lately attributable to a geopolitical driver coming from the Center East and a
fall in actual yields. Yesterday,...
Basic
OverviewGold erased many of the
losses from the Monday’s world inventory market rout because the ISM
Companies PMI and particularly the US
Jobless Claims yesterday improved...
Elementary
OverviewGold continues to rise amid
a number of bullish drivers. We lately had a dovish Fed determination the place Fed Chair Powell hinted to...
Elementary
OverviewGold obtained a lift just lately on
renewed tensions within the Center East. Actually, on Tuesday, Israel struck Beirut
(Lebanon) concentrating on the Hezbollah commander...
Elementary
OverviewGold received a lift
from the benign US CPI report on Wednesday the place the information got here in step with expectations. The
market firmed...
Gold has jumped again strongly final week following
the surprisingly dovish FOMC choice the place
the Fed elevated the speed cuts anticipated in 2024 to...