Blog · page 8
- A Big Test Ahead
July 22, 2022 · Robert Levy
The question of how gold may fare in the weeks ahead has become increasingly about its ability to tolerate another 75-point rate hike next week. The…
- The Bulls Need A Dollar Break
July 21, 2022 · Robert Levy
Could poor economic data give the gold market a boost? That seems to be the case today as gold rises following a larger-than-expected rise in weekly…
- Gold Could Be Making Large Move Soon
July 20, 2022 · Robert Levy
There has not been much to report on the gold market in recent weeks. The bears did cause prices to slide, however, and the market has been eyeing a test…
- Fresh Inputs Awaited
July 19, 2022 · Robert Levy
The gold market is steady in early afternoon trade Tuesday as the market appears to be awaiting some fresh inputs. The outside markets are playing…
- Bears Strong But Bulls Holding
July 15, 2022 · Robert Levy
The gold bears have gained some momentum this week. The bulls have held the bears from doing even more damage, however, in what may be viewed as a market…
- Bears Now Pressing
July 14, 2022 · Robert Levy
The gold bears are now pressing their positions, taking prices below the $1700 level in earlier action Thursday. Although the yellow metal has since…
- Knee-Jerk Reversal
July 13, 2022 · Robert Levy
The gold market was under some pressure earlier in the session. Following the June CPI print, gold moved rapidly lower down to a level of $1707. The metal…
- Stronger Dollar Has Gold In Headlock
July 12, 2022 · Robert Levy
The gold market is slightly lower in early action Tuesday. The yellow metal hit an 8.5-month low overnight and is seemingly stuck as the dollar continues…
- Another Day Lower
July 11, 2022 · Robert Levy
The gold market is lower again Monday as numerous issues weigh on the metal. A stronger dollar was a large factor in today’s price action as speculative…
- A Modest Correction
July 7, 2022 · Robert Levy
The gold market is higher in early action Thursday as the bulls see a slight reprieve from recent selling pressure. Spot gold is higher by less than $5…
- Where Are The Bulls?
July 6, 2022 · Robert Levy
The gold bulls appear to be taking a bit of a break. In the last two sessions, prices have declined from well over the $1800 level to a current price of…
- The Week Starts With A Slide
July 5, 2022 · Robert Levy
The gold market kicked off the holiday-shortened trading week on the wrong foot Tuesday as spot prices slid significantly. The spot gold market sold off…
- $1800 Under Assault
July 1, 2022 · Robert Levy
After spending several weeks moving sideways, the gold bears appear to be trying to take control of the market. Prices have been under pressure for days…
- Bears Gaining Upper Hand
June 30, 2022 · Kallen Larsen
The gold market is declining on Thursday as the bears seek to build some momentum. Spot gold prices are down over $7 per ounce and now sitting around the…
- Firmer Dollar A Gold Negative
June 29, 2022 · Robert Levy
The gold market is drifting a bit lower in early afternoon action on Wednesday as the dollar moves higher. The midweek dollar rally is keeping the gold…
- Gold Quiet Again As Fresh Inputs Awaited
June 28, 2022 · Robert Levy
The gold market is just below the unchanged line in mid-afternoon trade Tuesday. The market has been trading mostly sideways for the last few days now and…
- Gold weaker as investor risk appetite Improves
June 27, 2022 · Robert Levy
The gold market kicked off the trading week on a sour note as risk appetite improved and worries over a recession eased. Spot prices are lower by…
- Gold Weaker As Crude Oil Slumps Commodities
June 23, 2022 · Robert Levy
The gold market is weaker in mid-morning trade Thursday as commodity markets in general see a significant slump. Commodities are almost certainly being…
- Gold Firmer But Not By Much
June 22, 2022 · Robert Levy
The gold market is a bit stronger today. Prices have still not retaken the $1850 level, however, and therefore could remain vulnerable to another wave of…
- Could The Fed Reverse Course?
June 21, 2022 · Robert Levy
There has been much discussion in recent weeks about the Fed and its plans for higher interest rates. The Fed has already raised the Fed Funds Rate a few…