U.S. Markets Closed Gold Under Pressure

Although the U.S. Markets are closed today for President’s Day, markets still trade electronically until 1:00 EST. The trends have not changed with equities making new highs once again, Crude exploding higher and Bonds getting […]

By |2021-02-15T09:41:27-05:00February 15, 2021|Articles|Comments Off on U.S. Markets Closed Gold Under Pressure

Gold Under Pressure

On Monday, June Gold Futures hit a new high at 1788.8. Since then, it has been under pressure. This morning Gold traded as low as 1696.8 which was a solid support area. Gold has bounced a few dollars but still looks weak. However, we remain long and will stay there until Gold closes below 1660...

By |2020-04-17T10:43:52-04:00April 17, 2020|Articles|Comments Off on Gold Under Pressure