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Market Updates

Technical Scoop: Topical de-dollarization, pivot bullishness, recession threat, gold resistance, poised oil, bitcoin rise

Gold is struggling to break through $2,000 but with so much going on economically and politically it should eventually. De-dollarization has become...

Gold is Our Markets' Leader Year-to-Date

For through 2023's 62 trading days-to-date, we've the BEGOS Markets' yellow metal with the best growth rate: numéro uno, bébé!

Market Looking Hard at Interest Rates; Dollar Corrects

We have sticky inflation! Gold on a weekly basis has never closed above $2,009.80. Gold is in a classic bullish set-up.

Keep Your Eye on the Dollar; Seems to be Getting Weaker

PCE inflation data out today, watch the Dollar. Gold is battling $2,000 and the market is overbought. Overbought markets does not attract new money. So the market has to either embed or ...

It's Risky to be Out of Gold Market

Gold is on the cusp of a major breakout from its super-bullish cup and handle pattern. The measured upside target is $3000/oz, and the log target is roughly $4000/oz.

As Interest Rates are Climbing, Gold is Running into a Headwind

Interest rates are climbing again, it is putting some pressure on the gold market. The gold market is now fighting for what it will want to do next.

Bank Hearings Continue Tomorrow on Capitol Hill

The gold market came roaring back today, even though it started off weak. Gold had an inside day, looks like the price is developing a pause..

Key Day Tomorrow in Gold; Down Day May Lead to Another Correction

Gold's 18 day moving average is $1,932 and rising. The buying momentum did not embed. Gold needs to hold the 1950 area..

Gold SWOT: Can gold prices surpass the record set during the height of the Covid pandemic?

Gold prices could surpass the record set at the height of the Covid-19 pandemic if ongoing turmoil in the banking sector persists and global central banks downshift..

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