Gold market analysis for April 24 – key intra-day price entry levels for active traders – Kitco NEWS
(Kitco News) – This 5-minute bar chart for Comex Gold Futures is a valuable analysis and trading tool for intraday gold futures traders and market watchers. Indicates potential buy and sell price entry points based on key short-term technical support and resistance levels. (Remember, most successful traders buy on initial price strength and sell on […]
Expect to see some consolidation next week as gold price is unable to hold gains above $2400 – Kitco NEWS
(Kitco News) – Gold and silver continue their strong upward trend, but some analysts say recent momentum appears to have peaked and investors should brace for firmer prices next week. It is said that Both gold and silver were volatile again on Friday as the precious metals were unable to sustain their significant gains earlier […]
Gold market analysis for April 10 – key intra-day price entry levels for active traders – Kitco NEWS
(Kitco News) – This 5-minute bar chart for Comex Gold Futures is a valuable analysis and trading tool for intraday gold futures traders and market watchers. His 5-minute bar chart of active gold futures contracts displays the key short-term moving averages (10 and 20 periods) that traders can use for crossover buy and sell signals. […]
Gold price sells off after another hotter U.S. inflation report – Kitco NEWS
(Kitco News) – Gold and silver prices fell in early U.S. trading on Wednesday, selling off after a better-than-expected U.S. inflation report. June gold was last down $14.50 to $2,347.00. May silver was last down $0.049 to $27.93. (Hello, thousands of my valued readers have subscribed to my free weekly newsletter, Front Burner, and are […]
Sohn conference: David Einhorn's Greenlight Capital hold gold as a defensive asset – KITCO
(Kitco News) – Billionaire investor David Einhorn, president and founder of Greenlight Capital, says the Federal Reserve has been unable to control inflation and will maintain restrictive monetary policy for longer than expected. They are betting money because they are forced to do so. “I think inflation is accelerating again. I think there are a […]
Gold price hits new record highs as the West loses price-setting powers: Frank Giustra & Pierre Lassonde on new geopolitical reality & resource nationalism – KITCO
(Kitco News) – Canadian mining legends Frank Giustra, CEO of the Fiore Group, and Pierre Lassonde, Honorary Chairman of Franco-Nevada, have announced that they will continue to invest in Western countries as gold prices reach new highs once again. says it has lost the power to determine the price of gold. Giustra and Lassonde also […]
Gold price up as USDX dips, crude oil gains – KITCO
(Kitco News) – Gold prices were firm in early U.S. trading on Monday, supported by a bullish daily “external market” that predicts a decline in the U.S. dollar index and a slight increase in oil prices. Silver prices have remained mostly stable. Precious metals’ gains are limited to some extent by a slight rise in […]
Wall Street advises caution on gold prices next week, Main Street mashes the gas – KITCO
(Kitco News) – After last week’s price movement was driven by inflation statistics, the gold market was once again dominated by Federal Reserve and interest rate expectations, but trader sentiment appeared to be changing as the day went on. . Immediately after Wednesday’s FOMC meeting, the market accepted and went along with the Fed’s plans […]
Gold traders position themselves ahead of potentially pivotal FOMC – KITCO
(Kitco News) – The X gold community is buzzing as retail traders scramble to read the tea leaves and profit from what is expected to be the FOMC’s key interest rate decision. . The central bank is scheduled to announce its interest rate decision at 2pm ET on Wednesday, and while analysts and traders generally […]
Analysts are watching to see if the silver price breaks above $25.50 next week – KITCO
(Kitco News) – With the gold market expected to consolidate near recent highs, it could be silver’s turn, according to some analysts, as investors look to other areas of the precious metals market. He says he sees value in While gold has seen some bullish momentum this month, the silver market has been relatively calm. […]