Monday, October 10, 2022

Strong USDX, rising U.S. Treasury yields, stingy Fed punish gold, silver prices

Strong USDX, rising U.S. Treasury yields, stingy Fed punish gold, silver prices: Strong USDX, rising U.S. Treasury yields, stingy Fed punish gold, silver prices Gold and silver prices are sharply lower near midday Monday. The safe-haven metals are being hit hard by a higher U.S. d...

Wednesday, June 22, 2022

Gold holds above key support, and the tug-of-war continues

Gold holds above key support, and the tug-of-war continues: Gold holds above key support, and the tug-of-war continues Whether you describe the underlying cause of recent changes in financial assets as a tug-of-war, double-edged sword, or battle of opposing fo...

Monday, March 14, 2022

Gold trades under pressure but currently holding the 38.2% retracement as support

Gold trades under pressure but currently holding the 38.2% retracement as support: Gold trades under pressure but currently holding the 38.2% retracement as support As of 3:30 PM, EST gold is trading off by $29.20, or 1.46%, with the April 2022 Comex contract currently fixed at $195...