'Tis a dubious title, to be sure, Gold's having been up as much as +29.9% year-to-date, but per yesterday's (Friday's) settle at 1135, now up only +7.0% in 2016. Justifiably, a more descriptive title ought be "Gold Four Sessions Away from...
That over which we warranted concern some three missives ago is playing out for gold per this quote from our post-Thanksgiving piece: "...when gold's been sub-1199 during 2016, there's really not been any material [support] following...
Again, we hark back to the great Welsh football commentator Toby Charles, who in describing match-turning chaos and then running out of superlatives, would exclaim: "Ohhh, 'tis all happening there!"
With the precious metals running out of puff deep into 2016, recall how they completely dominated our BEGOS Market Standings throughout the year's first two trimesters, (Oil also sneaking up there to appear on the podium in the Top Three...
Now, with Gold having since failed to hold 1199 and trading this past week to as low as 1170 toward settling out yesterday (Friday) at 1183, 'tis easy to quip: "What a turkey...", (which for our many international readers out there is, per...
Let's start with this quote from last week's missive following Gold's post-election fallout: "Technically, we ought label this as 'technical damage'; however, given our expectations of the markets remaining nothing short of zany over the...
Many are the analogies one might make to describe Gold's -8.9% decline from the week's high of 1338, down through the whole 1280-1240 support zone to the week's low of 1219, in turn momentarily penetrating the rising 300-day moving average...
We were graced this past week from a visit by a great friend/charter reader of The Gold Update. I excitedly grabbed the nearest node on the residence's network of devices, and with a swipe, double-tap and turn of the unit in our guest's...
Once again reality trumps Hollywood: you cannot script this stuff ... well almost not: "Welcome to real life..." --(Spaceballs, MGM, '87) Ah, but first: with just Halloween left in October's trading balance, let's call it a month and bring...
From Friday a week ago (14 October) through settling out the week yesterday (Friday) at 1267, Gold has continued to firm following its early October flushing to as low as 1243: over the past six trading days, price has risen out of the...