| Period | Period Low | Period High | Performance | |
|---|---|---|---|---|
| 1-Month | 1,148.5 +5.24% on 03/25/21 | | 1,252.5 -3.50% on 04/07/21 | -14.7 (-1.20%) since 03/16/21 |
| 3-Month | 1,059.4 +14.09% on 01/28/21 | | 1,351.2 -10.55% on 02/16/21 | +114.4 (+10.45%) since 01/15/21 |
Gold had a good day yesterday, but as it hits the $1,770 resistance line, it will be anything but easy for the yellow metal. The real test has begun.
The recent rally in the bond yields pushed gold prices down, but this trend won’t continue forever, as the Fed will likely be forced to step in.
June gold (GCM21 ) on Friday closed up +13.40 (+0.76%), and May silver (SIK21 ) closed up +0.141 (+0.54%). Gold and silver prices on Friday extended Thursday's gains, with gold posting a 1-1/2 month high...
There's a lot of talk in Fintwit lately suggesting that precious metals may have ended the long 8 months correction and ready for the next glorious rally. In this article, I will attempt to answer the...
June gold (GCM21 ) this morning is up +12.30 (+0.70%), and May silver (SIK21 ) is up +0.156 (+0.60%). Gold and silver prices this morning extended Thursday's gains, with gold at a 1-1/2 month high and...
The S&P 500 red candle and then some – erased in a day, that‘s what you get with the Fed always having your back. The staircase climb certainly looks like continuing without any real breather.
After higher US CPI figures this week, investors are moving away from the USD and into metals.
The U.S. CPI inflation rate rose 0.6% in March, following a 0.4% increase in February. It was the biggest monthly jump since August 2012. The move was larger than most analysts expected. However, I’m...
June gold (GCM21 ) on Thursday closed up +30.50 (+1.76%), and May silver (SIK21 ) closed up +0.440 (+1.72%). Gold and silver prices on Thursday posted moderate gains, with gold at a 1-1/2 month high and...
S&P 500 in the red – unprecedented. Don‘t pin your hopes too high for a (sharp) correction though. Yes, this time stocks listened to the weakening corporate credit markets, and the daily retreat in...
The Barchart Trading Guide is a Buy Signal with a Weak Signal Strength.
| 3rd Resistance Point | 1,237.6 |
| 2nd Resistance Point | 1,225.2 |
| 1st Resistance Point | 1,217.0 |
| Last Price | 1,208.7s |
| 1st Support Level | 1,196.4 |
| 2nd Support Level | 1,184.0 |
| 3rd Support Level | 1,175.8 |
| 52-Week High | 1,351.2 |
| Last Price | 1,208.7s |
| Fibonacci 61.8% | 1,127.7 |
| Fibonacci 50% | 1,058.6 |
| Fibonacci 38.2% | 989.5 |
| 52-Week Low | 766.0 |
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