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Market Updates

Gold Update: Volatility Continues

I think gold has another leg down, but it wont be easy to short. Technical breakdowns.

This Is What The Market Is Saying About Trump’s Re-Election

So, I will be watching the market over the coming weeks to gain a bit more insight as to whom the winner will be in the next election for President of the United States of America.

Precious Metals Update Video: What about the stimulus?

Today was a disappointing day on the stimulus front.  Fed's Powell says more stimulus is needed.  Gold's weekly chart, back to the 18-week closing price.

Gold, Silver, & Main Street Inflation

Historically, gold tends to do well ahead of US elections and after the Chinese “Golden Week” holiday. 

How Soon Will We See 4000SPX?

So, needless to say, October is going to be very important in determining how soon the market is ready to attack the 4000-4250SPX region.

Precious Metals Update Video: Gold at the 18-d.m.a.

If you take the lows of Monday in the coming days, then this move higher is a bull trap. Right now the 18-dma resistance is at $1918.50, closing above would be a bullish bias.

Gold SWOT: Silver’s Best Quarter Since 2010

Silver had its best quarter since 2010, up a massive 27.62 percent for the three months ended September 30. Gold also had a strong quarter, up 5.89 percent despite a weak September. Holdings in gold-backed ETFs saw an eighth straight quarter of expansion. So far in 2020 they have added around 860 tons.

October could be a difficult month for markets

Another low coming in the markets this month? -- Video Update

Precious Metals Update Video: How will Trump's covid impact the markets?

The big money interested in gold, likely stepped in at the 18-week moving average, $1860's. Latest resistances and supports for gold -- Video Update

Asian Metals Market Update: FOMC minutes and various Fed speakers this week

I am bullish on physical demand for gold, silver and copper in October. India will see a good demand for gold and silver in the second half of the year.

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