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The gold futures contract gained 0.58% on Monday, as it retraced some of its Friday's 2% drop from new record high price level of 2,089.20. The market has reversed sharply lower following...
The triumph of the gold bulls has finally come, as gold jumped above $2,000. But what's next for the shiny metal?Well, that escalated quickly! At the end of July, when gold was still below $1,900, I...
Everything good comes to its end sooner or later, and the higher one rises, the deeper one falls. These could very well apply to the current situation around PMs.Speaking of indications pointing to...
The Gold Futures contract has reached yet another new record high on Friday at the price level of 2,089.20. However, the market reversed sharply lower following better-than-expected Nonfarm...
The S&P 500 closed again above the mid-Feb bearish gap, and the talk of taking on the all-time highs is intensifying. So does the greed that's growing more extreme with each passing day. With the...
The mid-February bearish gap has been closed, and the S&P 500 is getting ever closer to the February all-time highs. The outlook for markets on my radar screen is shining quite brightly, too. So,...
For a long time, pundits talked excitedly about the rapid V-shaped recovery. I never shared this view, finding it too optimistic and without basis in reality. Like Jeff Goldblum in Jurassic Park, I...
After another bullish gap and more intraday gains, stocks are likely to challenge the mid-Feb gap's upper border at around 3335 shortly. And once they succeed, the Feb all-time highs come next. And...
The Gold futures contract has further accelerated its long-term uptrend on Wednesday following the recent short-term consolidation along $2,000 mark. The market reached new record high at the...
The gold futures contract has accelerated its long-term uptrend on Tuesday following the recent short-term consolidation along $2,000 mark. The market reached new record high at the level of...
The bulls are showing real staying power above the early June highs as Friday's bearish candle marked not an upcoming downside reversal, but a bullish comeback. Following yesterday's slow but sure...
This bull market can be more positive than the previous one both for gold and the mining stocks.In the last edition of the Fundamental Gold Report, I analyzed various WGC’s reports on the gold...
Nothing lasts forever, and the brightest flame burns itself out the fastest.Let’s take a look at the USD Index, an indicator that is pointing to an excessive situation. Remember in early 2018...
Just as I called for, the bulls are winning in the battle to break above the early June highs lastingly. And it's not through technology, communications or the defensives – the other sectors...
The Gold futures contract reached another new record high on Friday at the price level of $2,005.40. The market has slightly extended its recent advance again. The market gained 0.97%, but the...
The Gold Futures contract reached new record high of $1,974.90 on Wednesday, as it slightly extended its recent advance. But the market has closed just 0.45% higher and over $20 below yesterday's...
Yesterday's session was indeed volatile around the FOMC, just like we warned, and gold even moved to its previous high, likely forming a double-top pattern. Even though gold moved higher on an...