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.
Precious metals take a modest slide this week, as gold drops 2% and silver a little over 3%. As the metals dropped, equities rose higher and [...]
Once again silver was the star of the show this week, posting a 7% gain and closed in on the $80 mark. Gold climbed an admirable 1.7% while white [...]
Volatility continued to shake the markets this week as ongoing geopolitical developments drive markets in short-term swings. Despite the volatility, [...]
The long-term trend in gold and silver remains constructive, even if the path higher is uneven. Gold and silver both posted strong first-quarter [...]
Metals markets took another step downwards this week, with gold momentarily dropping towards its 200-day moving average before recovering. Despite [...]
