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More Short-Term Uncertainty as Investors Await Economic Data Releases

Stocks were mixed again on Wednesday, as investors hesitated following the recent advances. The S&P 500 index continues to trade at the 2,800 resistance level. So is this a topping pattern or just a pause before another leg up? The U.S. stock market indexes were mixed betw...

Gold Daily News: Friday, January 31

The gold futures contract gained 1.20% on Thursday, as it resumed its short-term uptrend following Tuesday’s-Wednesday’s downward correction . The market continued to retrace its sharp move lower from January 8 medium-term high. It reached th...

Gold Daily News: Thursday, April 30

The gold futures contract lost 0.51% on Wednesday but it’s basically remained within Tuesday’s trading range. The market continues to trade within a short-term downward correction following last week’s advance. The price bounce...

Part II - Is The Debt Crisis About To Be Reborn In 2020?

There are some key elements of political and economic Super-Cycles that all traders must stay aware of listed below. But if you have not yet read PART I do so now. - Very often, 12+ months before a major US political election cycle, the US stock market typically enters...

Market News Report: January 27, 2020 – January 31, 2020

Not that much happened on the financial markets last week. Stocks extended their uptrend while the price of gold went sideways. Everyone seemed to be waiting for this week’s Wednesday’s FOMC Statement release. But there will be more interesting ...

Daily Gold News: Monday, June 29 – Gold Closer to Long-Term High Again

The gold futures contract gained 0.55% on Friday, as it continued to trade along Wednesday’s new yearly high of $1,796.10. The market has extended its long-term uptrend last week. The recent economic data releases didn’t bring any new surprise...

Daily Gold News: Tuesday, June 30 – More Short-Term Uncertainty Ahead of Economic Data

The gold futures contract gained 0.05% on Monday, as it extended its short-term consolidation along last Wednesday’s new yearly high of $1,796.10. The market continued its long-term uptrend last week. The recent economic data releases didn’t b...

Market News Report: February 24, 2020 - February 28, 2020

The financial markets have been fluctuating for most of the last week. Then on Friday we got worse-than-expected PMI numbers release, and corona virus fears reappeared ahead of the weekend. So markets went risk-off again. This week we will have some important economic data rel...

Market News Report: April 27, 2020 - May 1, 2020

Last week’s economic data releases have revealed more coronavirus damage to the economy. Thursday’s weekly Unemployment Claims number has surpassed 4 million, but it was lower than the week before. We’ve also seen some weak PMI...

DESERT GOLD - A new top-tier gold project added

Allied and Perseus as neighbors in Côte d’Ivoire Wars, inflation, and ever-increasing public debt are strong arguments for investing in precious metals. Gold, in particular, has demonstrated its ability to preserve value in recent months. While curr...
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