Clik here to view.
Gold threatens four-year low
Gold & Silver Silver broke long-term support at $18.50 per ounce, offering a target of $15.50/ounce*. First, expect retracement to respect the new resistance level. Gold is likely to follow Silver...
View ArticleClik here to view.
Bears eye gold
Gold is testing resistance at $1250/ounce after a two-week retracement. 13-Week Twiggs Momentum (below zero) continues to indicate a primary down-trend. Respect of resistance at $1250 would confirm...
View ArticleClik here to view.
Gold Bugs and Silver warn of further weakness
Low interest rates strengthen demand for gold as they reduce the carrying cost. A rising dollar, however, would reduce demand. Gold encountered stubborn resistance at $1250/ounce. Respect would confirm...
View ArticleClik here to view.
Gold – further falls likely
Low interest rates increase demand for gold by lowering the carrying cost. A rising dollar, however, has the opposite effect. Gold respected resistance at $1250/ounce, confirming the primary...
View ArticleClik here to view.
Gold resurgent despite stronger Dollar
The Fed has signaled a “patient approach” to raising interest rates, causing long-term yields to fall. Ten-year Treasury Note yields broke primary support at 2.00%, signaling another test of the 2012...
View ArticleClik here to view.
Interest rates and inflation hurt gold prices
Where is inflation headed? The five-year breakeven rate (5-Year Treasury Yield minus 5-year TIPS) is hovering around 1.80 percent, close to the latest readings for core CPI. The market is anticipating...
View ArticleClik here to view.
Gold Bugs warn of a bear market
Silver is testing long-term support at $15/ounce. Breach is likely, with 13-week Twiggs Momentum peaking below zero, indicating continuation of the down-trend. Gold is similarly testing primary support...
View ArticleClik here to view.
Gold: Is Barrick next?
The Gold Bugs Index — representing un-hedged gold stocks — broke primary support at 150, warning of a bear market for gold. Major producer Barrick Gold is testing primary support at $10. Peaks below...
View ArticleClik here to view.
Gold-Oil ratio warns of further selling
The Gold-Oil ratio, comparing the price of bullion ($/ounce) to Brent crude ($/barrel), has long been used as an indication of whether gold is in a bull or bear market. When the oil price is high,...
View ArticleClik here to view.
Gold: No flight to safety
US inflation remains subdued with core CPI hovering below 2.0 percent. Treasury yields remain weak, with the 10-year yield testing support between 1.85 and 2.0 percent. That gives a real yield, after...
View ArticleClik here to view.
Gold: The final nail
Gold respected its new resistance level after a brief retracement and is again testing short-term support at $1065/ounce. 13-Week Twiggs Momentum peaks below zero indicate a strong primary down-trend....
View ArticleClik here to view.
Gold: Told you so
Gold broke short-term support at $1065/ounce, confirming another (primary) decline. 13-Week Twiggs Momentum peaks below zero indicate a strong primary down-trend. Target for the decline is...
View Article
