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.
Pressure builds in the metals markets as volatility in equities, the USD dollar, and oil shape market sentiment. Gold took a small pullback to the [...]
Silver surged upwards this week with a 13% rise and nearly reached $90. While gold remained relatively flat, platinum continued its breakout and [...]
Gold and silver snapped back this week with conviction, with gold climbing 3.5% and silver surging over 8%. Platinum led the metals with a 9.25% [...]
Gold and silver pulled back again this week, but don’t mistake a short-term retreat for a change in direction. The forces driving this [...]
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 [...]
