Gold’s Tug-of-War
Bullish stock market sentiment and unexpected U.S. Dollar strength are putting pressure on gold, while increased volatility in the equities and bond markets support safe haven demand for the yellow metal.
Bullish stock market sentiment and unexpected U.S. Dollar strength are putting pressure on gold, while increased volatility in the equities and bond markets support safe haven demand for the yellow metal.
The fallout from COVID-19 may be reversing the long-term trend of low inflation, which has dominated the U.S. economy for decades.
As inflation metrics continue to break records, the U.S. dollar could be reaching a breaking point.
In both the stock market and the precious metals markets, investors face a paralyzing collection of bearish and bullish evidence. Everyone is looking for the asset that will emerge as the winner in this new era of finance.
Gold bounced off the 50% correction line after last week’s plunge. The metal’s next move will either strengthen the bullish reversal or signify a continuation of the 10-month bear market.
Gold took a hit this week, alongside the stock market, after Jerome Powell announced the Fed’s plan to mitigate hotter-than-expected inflation.
After surging past several resistance points on its climb to $1,900, gold continues to shine in a financial ecosystem wrought with volatility.
Investors sent hot technology stocks and cryptocurrencies tumbling downward this week, increasing safe-haven demand for gold.
Gold is continuing its short-term bullish pattern as year-over-year consumer inflation reached a shocking 4.2%.
Gold made an exciting jump above a key resistance level today. Unprecedented money supply growth in the United States is a boon for commodities prices.
Commodity prices across the board are surging amid the Fed’s easy-money policies and a skyrocketing monetary supply. Will gold soon catch the wave?
Gold is putting in higher highs, signaling a bullish reversal that could finally end 2021’s short-term bear market.
The US dollar is showing weakness as compounding pressures of devaluation rack the currency. Gold is taking advantage of this weakness and moving higher.
Gold put in a double bottom at the key support level of $1,680, and is now experiencing some bullish action to the upside. Did gold finally turn around?
Gold bounced off a key support level last week, and continues to hold its gains after the Fed’s announcement to maintain easy money policies.
Gold is providing a key pocket of value in a market where everything else is getting more and more expensive.