| Period | Period Low | Period High | Performance | |
|---|---|---|---|---|
| 1-Month | 1,143.8 +3.92% on 03/25/21 | | 1,246.0 -4.61% on 04/07/21 | -11.5 (-0.96%) since 03/19/21 |
| 3-Month | 1,055.0 +12.66% on 01/28/21 | | 1,348.2 -11.84% on 02/16/21 | +72.2 (+6.47%) since 01/20/21 |
| 52-Week | 724.2 +64.13% on 04/21/20 | | 1,348.2 -11.84% on 02/16/21 | +389.5 (+48.74%) since 04/20/20 |
June gold (GCM21 ) on Tuesday closed up +7.80 (+0.44%), and May silver (SIK21 ) closed up +0.003 (+0.01%). Gold and silver prices on Tuesday posted modest gains on slumping stocks and falling global bond...
June gold (GCM21 ) this morning is up +4.50 (+0.26%), and May silver (SIK21 ) is up +0.018 (+0.07%). Gold and silver prices this morning are slightly higher on slumping stocks and falling global bond yields....
Going higher
S&P 500 closed in the the red, vindicating my bearish sentiment going into Monday‘s session. And as I have tweeted during the day, the sellling doesn‘t appear to be over.
Several economic indicators have surprised us on the positive side. Nevertheless, the price of gold has rebounded.
June gold (GCM21 ) on Monday closed down -9.60 (-0.54%), and May silver (SIK21 ) closed down -0.268 (-1.03%). Gold and silver prices on Monday posted moderate losses, despite a decline in the dollar index...
A culminating point has been reached. With the USD Index being backed up by solid fundamentals, can gold hold the line?
The S&P 500 went back to relentless rallying on Friday, yet the selling wave before the close looks to indicate hesitation ahead. Even though VIX is attacking the 16 level, and the put/call ratio ticked...
June gold (GCM21 ) this morning is down -4.70 (-0.26%), and May silver (SIK21 ) is down -0.190 (-0.73%). Gold and silver prices this morning are moderately lower, despite a decline in the dollar index...
Actionable commodity research . . .
The Barchart Trading Guide is a Sell Signal with a Weak Signal Strength.
| 3rd Resistance Point | 1,228.0 |
| 2nd Resistance Point | 1,223.2 |
| 1st Resistance Point | 1,213.6 |
| Last Price | 1,188.6 |
| 1st Support Level | 1,199.2 |
| 2nd Support Level | 1,194.4 |
| 3rd Support Level | 1,184.8 |
| 52-Week High | 1,348.2 |
| Last Price | 1,188.6 |
| Fibonacci 61.8% | 1,109.8 |
| Fibonacci 50% | 1,036.2 |
| Fibonacci 38.2% | 962.6 |
| 52-Week Low | 724.2 |
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