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.
Gold’s first-quarter performance in 2023 sets the stage for the rest of the year. Despite fluctuations in the stock market and ongoing concerns about the [...]
The price of gold jumped up to $1982 Thursday morning after the Fed raised interest rates on March 22. Gold had its breakout move two weeks ago, and it has [...]
Gold pushed up to $1935 today following a massive news week for not only the equities but banking sector. After the collapse of Silicon Valley Bank and the [...]
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 [...]
This week we saw gold breaking above the 382 fib, with $1846 being the next test for the metal. Silver came into the 618 fib this last week, likely signaling [...]
