MARKET NEWS / GOLDEN RULE RADIO
Gold has hit its short-term bottom now at $1805 based on recent trading, with slight RSI divergence on the 4-hour charts signaling a likely short-term reversal. The US Dollar Index stalled right above the 382 fib with multiple indicators lining up around the 107 mark. Silver saw a decline on Tuesday during the Fed testimony, which has led to the gold-to-silver ratio rising to 90 to 1. Thanks for listening.
Remarks from the Federal Open Market Committee meeting after an expected rate cut rocked the markets, with major indexes falling across the board. Let’s take [...]
Precious metals rose slightly, with the exception of platinum this week. Let’s take a look at where prices stand as of December 11: The price of gold is [...]
Precious metals slow down their climb, but continue to show strength after the Thanksgiving break in the US. Let’s take a look at where prices stand as of [...]
Precious metals continue to follow the playbook laid out by our analysis of a Republican presidential win. Let’s take a look at where prices stand as of [...]
This week it’s more than just a weekly recap but also a bit of a look ahead. There’s been a lot of price action in the last week. So let’s take a look at [...]
