Utilising MarketHive to Promote CryptoCurrency
Gold’s recent short-term trend is in a defined cycle – Rally, Consolidate, Repeat Gold has shifted gears from extended rallies followed by a multi-month correction to its current almost parabolic upside move. This move began during the first week of November and continues to this day. In fact, we are getting the first indications that […]
Gold advances on geopolitical trepidation as Russian missiles hit Poland Russia’s invasion of Ukraine has been escalating to accelerated levels of military action. According to sources in Ukraine and reported by Reuters news, “Russia rained missiles on cities across Ukraine on Tuesday in what Ukraine said was the heaviest wave of missile strikes in nearly […]
Gold recovers from lows even with Fed Governor Waller's hawkish warning Federal Reserve Governor Christopher Waller told a conference in Sydney, Australia today, "We're not softening…Quit paying attention to the pace and start paying attention to where the endpoint is going to be. Until we get inflation down, that endpoint is still a way out […]
Gold sharply up as USDX, U.S. bond yields plummet after cooler CPI Gold and silver prices are solidly higher in midday U.S. trading Thursday, with gold scoring a 2.5-month high and silver a 4.5-month high, following a U.S. inflation report that came in just a bit cooler than market expectations and in turn pushed the […]
Gold price surges $50, should investors be selling into the rally? Gold prices surged nearly $50 on Friday as the latest U.S. jobs report clarified some of the Federal Reserve's mixed messages, and China signaled a possible easing of its Covid-Zero policy. But caution is still advised as all previous quick rallies have been used […]
Gold price sharply up after "Goldilocks" U.S. jobs report Gold and silver prices are sharply higher in early U.S. trading Friday, boosted by a U.S. jobs report that landed in the sweet spot of marketplace expectations for the report. Silver prices notched a three-week high. Strong gains in crude oil prices and a weaker U.S. […]
Gold, silver down amid strong greenback, rising bond yields Gold and silver prices are lower in midday U.S. trading Thursday, with gold hitting a six-week low in overnight dealings. Silver prices have rebounded well off daily lows. Very sharp gains in the U.S. dollar index and rising U.S. Treasury yields, along with lower crude oil […]
Gold prices move near session highs as Federal Reserve raises interest rates 75 basis points The gold market is seeing some new buying momentum as the Federal Reserve looks to slightly adjust its aggressive monetary policy stance. In a widely anticipated move, the Federal Reserve raised its Fed Funds rate by 75 basis points. This […]
Gold, silver gain on ideas of better future demand from China Gold and silver prices are higher in midday U.S. trading Tuesday, but down from daily highs as the U.S. dollar index has rebounded from solid early losses. Falling U.S. Treasury yields on this day are supporting the precious metals markets. Some potentially positive news […]
Gold – Caution still warranted The bear market rally currently transpiring in stocks has momentum on its side, with the upper range target at the cross-section between the upper resistance line and the 50-week moving average as the standing target. The below chart is an update of the S&P futures chart on a weekly basis; […]
