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The Week Ahead In Gold
The gold market continued its recent losing ways on Friday, as the yellow metal finished decidedly lower to end the trading week.
Entries by Border Gold Corp.
The Week Ahead In Gold
Although the gold market ended last week on a positive note, the bulls have their work cut out for them undoing the recent chart damage inflicted on the yellow metal in the aftermath of the surprising Donald Trump election victory in early November.
The Week Ahead In Gold
With gold trading below the $1200 level and silver approaching $16 per ounce, this could potentially prove to be a significant buying opportunity for the long-term investor.
A Brief Honeymoon
Unfortunately, what is being lost in the debate over the last two weeks over President-Elect Donald Trump is not how, but why.
The Week Ahead In Gold
The gold market ended last week near key support at the $1200 level, and thus far the gold bulls have not been able to really stop the bleeding.
What Next?
It’s worthwhile to take a measured second look at what has been an absolutely wild week for the markets.
The Week Ahead In Gold
With solid weakness in Friday’s session to finish the week on a sour note, gold could see additional selling pressure before finding more solid footing.
The Week Ahead In Gold
Tick tock tick tock tick tock… The clock is quickly winding down to the U.S. Presidential election, and right now it appears to be a dead heat.
The Week Ahead In Gold
The idea of gold and precious metals lacking any fresh, bullish catalyst has been an ongoing theme for some time now.
The Week Ahead In Gold
After seeing some significant downside in recent action, the gold market is trying to find some stable footing once again.