MARKET NEWS / GOLDEN RULE RADIO
This week we look at the gold and silver market. Are we nearing the bottom of an opportunistic drawdown in gold? Silver is following a similar story but with a deeper retracement so far. The 200-day moving average for silver and the 50% retracement line are at roughly the same price. Thanks for watching.
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 [...]
