gold

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My Thoughts on Current Markets-66

11 Jan 2024 3 minute read 1 comment Perfectionist25 $0.16

Euro - dollar parity is in a calm course at 1.0956. It continues to be protected in the horizontal narrow band range. Because there is important data today. Inflation data will be announced in America. Until today's data, this calm and boring pricing...

My Thoughts on Current Markets-65

10 Jan 2024 2 minute read 0 comments Perfectionist25 $0.08

Gold has been below the short-term downtrend since reaching around 2146 on the daily chart, where we made a peak towards there. Now when will we get rid of the falling train? Let me explain my if condition once. In other words, when will strong prici...

My Thoughts on Current Markets-63

8 Jan 2024 3 minute read 0 comments Perfectionist25 $0.16

The dollar is strong in international markets. There is a dollar index above the 102 level this week. I will continue to follow the dollar index's $101.80 - $102.80 range. Another important development this week that closely concerns the dollar and d...

My Thoughts on Current Markets-62

8 Jan 2024 3 minute read 0 comments Perfectionist25 $0.08

The trend, which started at the bottom in Dow Jones, continues upwards without falling below the RSI, as well as passing the red trace period. The first dot trial has arrived. This was at the end of last week. It is necessary to pay attention to this...

My Thoughts on Current Markets-61

7 Jan 2024 2 minute read 0 comments Perfectionist25 $0.17

In international markets, the dollar index had tested above the 102 level. The dollar index declined again. In other words, last week we left behind a week in which the dollar increased in value in international markets. Euro - Dollar parity closed a...

U.S. National Debt Hits $34 Trillion!

3 Jan 2024 4 minute read 2 comments SweptOverNiagara $0.14

We have a couple of milestones occurring today. First is the U.S. national debt which just surpassed $34T, that's $34 Trillion or $34,000,000,000,000! Take a moment and let that sink in. These trillion dollar increases are happening in higher frequen...

Gold 1 / 2 / 2024

2 Jan 2024 1 minute read 0 comments tommyl33 $0.02

Good morning everyone. DAILY GOLD MARKET OVERVIEW CHART IN 1/2/2024 Gold didn't show any sign of bullish or bearish movement for long runs. It has been capped with a price between 1862.41 and 1878.47 since a few days ago (range between 160 pips). En...

Gold Closes At Record Year End High

30 Dec 2023 4 minute read 4 comments SweptOverNiagara $0.32

December has been an exciting month for gold. On Friday, December 1, 2023 gold went above $2,070 for a new record daily close after languishing at about $1930 most of the previous month. It gave me a sense that something was up behind the scenes. Was...

My Thoughts on Current Markets-58

28 Dec 2023 1 minute read 0 comments Perfectionist25 $0.16

The dollar index is at 100.60, just above the 100 level. My expectation for the dollar index is 92 levels, 103 - 104 levels are now behind us. It retreated again to the psychological support level of 100. Of course, this downward trend in the dollar...

Gold On Track For A Record Yearly Close

27 Dec 2023 2 minute read 1 comment SweptOverNiagara $0.22

Just a quick update on the things I like to follow... Gold is doing very well. So good in fact, it's headed for the highest yearly close on record! As shown below, gold is at $2,077. These are historical times for gold, indeed! While Kitco's site is...