Market Updates

Gold: Still Looks Like a B-Wave Bounce

As it stands right now, gold has been rejected from the $2,000 level and appears to be in the declining phase of the intermediate cycle.

Strong Dollar and Rising Interest Rates Still a Headwind

By Ira Epstein

Gold is back to the 18 week moving average and looking to establish itself around here. I am not bearish on gold..

Gold Gets the Grip n’ Trip Treatment

By Mark Mead Baillie

Either way, ’twas a “nothing week” for Gold, which given the approval of the DDD ought rightly have sent the yellow metal to the moon.

COT Gold, Silver & USDX Report - June 2, 2023

By COT Gold Report

Positions as of 30 May, 2023

Gold’s Fedspeak Pullback

By Adam Hamilton, Zeal Research

The bottom line is gold’s hawkish-Fedspeak-driven May pullback has likely mostly run its course. Top Fed officials have been talking tough on future rate hikes, but now they have to..

The Jobs Report Will Determine Today's Activity

By Ira Epstein

A super dove at the Fed speaks yesterday but ADP was super strong. The jobs report out this morning will be a market mover. How strong of a number will it be? Gold had a bounce..