GOLD

Sell U.S. Dollar And Stay Long Gold As Further Fed Rate Hikes Are In Doubt

Wed Mar 29, 2017

The U.S. Dollar index (NYSEARCA:UUP), or DXY, which is essentially the USD/EUR exchange rate, has pulled back about 2.5% since the Federal Reserve decided to raise ...

Japanese Yen And Gold Poised For A Rebound As U.S. Dollar Rally May Begin To Fizzle

Thu Jan 12, 2017

The U.S. Dollar index, or DXY, which is essentially the USD/EUR exchange rate, has rallied 8.25% from its November low of 95.905, following Trump's presidential victory, to a ...

Japanese Yen And Gold May Rebound As Strong U.S. Dollar Is Unsustainable

Wed Dec 21, 2016

The U.S. Dollar index, or DXY, which is essentially the USD/EUR exchange rate, broke out the key technical resistance at 96.27, or 50% the Fibonacci retracement ...

Gold And Japanese Yen Should Rebound As December Fed Rate Hike May Be Unrealistic

Wed Oct 19, 2016

Concerns about a Fed rate hike and the announcement by the U.K. Prime Minister Theresa May that she and her government will trigger Britain's exit from the European ...

Japanese Yen And Gold Are About To Break Out As The Yield Curve Flattens

Wed Sep 28, 2016

Concerns about the weakening U.S. and global economies and the Bank of Japan's, or BOJ's, negative interest rate policy, have put buying pressures on the Japanese yen ...

Yen And Gold Rise As U.S. Economy Is Faltering

Sun Jun 19, 2016

Concerns about the weakening U.S. and global economies and the Bank of Japan's, or BOJ's, negative interest rate policy, as well as a Brexit vote have put buying pressures on the Japanese yen and gold as safe-havens. Both the JPY ...

Gold Sell-Offs Triggered by Rising U.S. 10-year Treasury Yields

Thu Nov 12, 2015

The CME spot price of gold broke down a key technical support at $1,160 per ounce, after the U.S. Federal Reserve decided to keep rates on hold and issued a somewhat ...

Gold Prices May be Ready to Break Out as U.S. 10-year Treasury Yield Tumbles

Thu Sep 24, 2015

The CME spot price of gold surged 2.38% on Thursday to an intraday high of $1,156.40 per ounce, after Caterpillar Inc [NYSE:CAT] slashed its 2015 revenue forecast and could ...

Gold Prices Could Continue Rising as Hedge Funds Increase Long-Positions on Gold and U.S. 10-year Treasury Note Contracts

Tue Aug 18, 2015

The rally in gold prices since August 7, after the disappointing July U.S. non-farm payrolls report, could be attributed to ...

How Low Can Gold Prices Go?

Fri Jul 24, 2015

Gold took another dive on Friday but bounced off the U.S. $1,072 per ounce level to close at U.S. $1,098.40, just above the 50% Fibonacci retracement level. Last Monday, we suggested that the projected gold price is U.S. $1,072 per ...

Gold Prices Plunge as Shanghai and New York Dump Gold

Tue Jul 21, 2015

The CME spot price of gold tumbled 4.62% on Monday to an intraday low of U.S. $1,080 per ounce, or February 2010 resistance levels, following an overnight two-minute flash ...

Gold is in Trouble Again

Thu Jun 25, 2015

The price of gold has tumbled 2.28% since the beginning of the week to close on Thursday at U.S. $1,172.10 per ounce, as the yield of the U.S. 10-year Treasury notes surged 6.19% to 2.4% during the same time period. Investors were ...

Global Bond Rout Triggers More Gold Sell-offs

Mon Jun 8, 2015

The price of gold and the U.S. 10-year Treasury notes tumbled on Friday, sending the gold price down 1.22% to an intra-day low of $1,162.10 per ounce and the 10-year yield up 5.76% to an intra-day high of 2.442%, after the release of the May ...

Gold Bounced Off the U.S. $1,142 per Ounce Level, Beware of Event- and Momentum-Driven Gold Prices

Sat May 2, 2015

Gold futures for delivery in April 15 [GCJ5] surged 2.34% on Wednesday to an intraday high of U.S. $1,175.10 per ...

Gold Bounced Off the U.S. $1,142 per Ounce Level, Beware of Event- and Momentum-Driven Gold Prices

Mon Mar 23, 2015

Gold futures for delivery in April 15 [GCJ5] surged 2.34% on Wednesday to an intraday high of U.S. $1,175.10 per ...

Gold Broke its Five-Year Support at U.S. $1180 per Ounce, What’s Next?

Wed Mar 11, 2015

Gold futures for delivery in April 15 [GCJ5] extended their losses and dropped 1.18% on Wednesday to an intraday low of U.S. $1146.6 per ounce and closed at U.S. $1153.7 ...

Gold Just Broke Below the Ascending Wedge Trend Line, What’s Next?

Wed Feb 18, 2015

The price of gold extended yesterday's loss and dropped below the psychological U.S. $1200.00 per ounce level on Wednesday, before bouncing back to close at U.S. $1200 ...

Gold Just Dropped Below the 50-Day SMA, What’s Next?

Wed Feb 11, 2015

The price of gold extended its losses another 1.4% on Wednesday to close at U.S. $1258.70 per ounce, just below its 50-day moving average, after the Bureau of Labor ...

Gold Hit a Brick Wall at the U.S. $1300 per Ounce Level, What’s Next?

Thu Jan 29, 2015

The price of gold extended its losses another 2.4% on Thursday to close at U.S. $1258.70 per ounce, just above its 200-day moving average, as gold futures brokers began to ...

Gold Price Boosted by Swiss National Bank’s Announcement … Chinese Lunar New Year May Likely Lift Demand

Thu Jan 15, 2015

Gold prices surged 3.1% yesterday to an intra-day high of U.S. $1267.20 per ounce before pulling back and closed at ...

Gold Loses Momentum as Swiss Voters Reject Referendum

Thu Nov 30, 2014

Gold price is currently traded at U.S. $1150.30 per ounce, down another U.S. $15 per ounce from the Friday close on the Chicago Mercantile Exchange (CME) Globex, after the ...

The Gold Price Bounced Off the US $1130.40 an Ounce Level and Continues to Move Higher, But be Careful. Here’s why:

Mon Nov 17, 2014

On November 30, the Swiss voters will be asked whether the Swiss National Bank should build up its gold holdings ...

Gold and the Inflation/Deflation Conundrum

Tue Nov 4, 2014

Here is the 15-year chart of the gold spot price on the Chicago Mercantile Exchange (CME). The unit is $USD per ounce, not inflation adjusted. Basically, the gold price rises and falls along with inflation, measured by the consumer price ...

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