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Daily Gold News: Monday, June 15 – Gold Bouncing Off $1,750 Resistance Level Again

The gold futures contract lost 0.14% on Friday, as it remained within its Thursday’s daily trading range. The price broke above $1,750 mark once again before closing below that resistance level. Global markets went risk-on and gold has been selling off as a ...

Daily Gold News: Wednesday, June 17 – Gold Price Bouncing Back and Forth

The gold futures contract gained 0.54% on Tuesday, as it retraced most of its Monday’s decline of 0.58%. The price has been breaking above $1,750 mark recently. But it came back closer to $1,700 on Monday. Last Wednesday’s FOMC Statement cam...

Buzz on the Bullboards: On the verge of recession? These stocks could be a lifesaver

Welcome back to Buzz on the Bullboards. It has been a busy week for markets and investors alike. Each new twist has sent currencies and commodities bouncing up and down, and no one can figure out...

S&P 500 at Cliff’s Edge Again

Friday’s trading session was very bearish, as the stock market reacted to a series of negative U.S. – China trade war news. The S&P 500 index got back close to the recent local lows. Will stocks rebound off a support level? The U.S. stock market indexes los...

Gold Daily News: Monday, February 10

The gold futures contract gained 0.22% on Friday, as it slightly extended its short-term uptrend. The market has retraced some more of Tuesday’s decline following bouncing off $1,550 support level on Wednesday. Overall, gold continues to trade within a mont...

Gold Daily News: Tuesday, February 11

The gold futures contract gained 0.39% on Monday, as it extended its short-term uptrend again. The market has retraced more of last week’s Tuesday’s decline following bouncing off $1,550 support level . Overall, gold continues to trade within...

Gold Daily News: Wednesday, March 18

The gold futures gained 2.64% on Tuesday, as it retraced some of the recent sell-off after bouncing off $1,450-1,500 price level. Yellow metal fell the lowest since late November of 2019 on Monday , before bouncing off new medium-term low of $1,450.90. Earlier last week the...

Gold Daily News: Friday, March 20

The gold futures gained 0.09% on Thursday, as it fluctated following Wednesday’s decline of over three percent. Yellow metal fell the lowest since late November of 2019 on Monday , before bouncing off from new medium-term low of $1,450.90. Then the market bo...

S&P 500’s Breakout? Not Out of Woods Yet

Wednesday’s trading session was bullish, as stocks retraced their Tuesday’s decline and got close to the recent local highs again. Will the S&P 500 index break higher today? The U.S. stock market indexes gained 0.9-1.3% on Wednesday, as they...

Stocks Ready to Jump Again, but Is Downtrend Over?

Stocks retraced some of their recent decline on Friday, as investors’ sentiment improved following bouncing off the short-term support level, economic data releases. The S&P 500 index continues to trade within a consolidation. Is this a bottoming pattern or jus...
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