Utilising MarketHive to Promote CryptoCurrency
Gold and silver need more than a short squeeze Precious metal analysts have been warning investors for a few weeks now that a sharp downtrend through the summer pushed gold and silver into oversold territory. Bearish sentiment in the marketplace is at its highest level in years, and both precious metals were ripe for a […]
How to interpret today’s jobs report, and what does it mean fo price of gold ? Today’s jobs report for September showed a decrease in monthly gains, with 263,000 new jobs added last month, a decline from the prior month in which 315,000 new jobs were added. The deep impact it had on almost every asset […]
The short-term future of gold’s price is tied to two upcoming reports There is an adage when investigating a crime that says to “follow the money”. In the same way, when investigating where gold prices will be headed short-term it is wise to follow the upcoming reports. Two key reports will shape the short-term direction […]
Gold, silver prices pull back as U.S. dollar, bond yields see strong rises Gold and silver prices are lower in midday U.S. trading Wednesday, on routine downside price corrections following solid gains posted on Monday and Tuesday. A strong rebound in the U.S. dollar index today, along with a significant rise in U.S. Treasury yields, […]
Will this silver and gold price rally last? Here's what analysts are saying In a surprise u-turn this week, silver and gold are trading at 3-month and 3-week highs, respectively. But is this a sustainable rally or just a short squeeze? Even though silver has outperformed gold this week, both precious metals saw impressive performance. […]
With so many gold and silver bears, it doesn't take much to trigger a short squeeze The U.S. dollar's unrelenting rally at a 20-year high continues to force hedge funds to increase their bearish bets in gold, according to the latest data from the Commodity Futures Trading Commission. Although there are risks that the U.S. […]
Gold prices push to $1,675 as U.S. core PCE rises 0.6% in August Hotter-than-expected inflation data is providing some initial support for the gold market as prices retest the long-term support/resistance level at $1,675 an ounce. Friday, U.S. Department of Commerce said its core Personal Consumption Expenditures price index increased 0.6% last month, up from […]
Can gold price put an end to its six-month losing streak? Prices are at 'critical juncture' – analysts What gold does in the next two weeks will be critical for prices going into the year-end, according to analysts. All eyes are on the latest rounds of employment and inflation data as gold shows promising signs […]
Gold/Silver – Use options to play a short covering rally What a volatile week it's been with the month and quarter ending after a downgrade of Apple stock sent retail stock investors scrambling for the exit signs and the British Pound falling to a record low against the Dollar. The U.K. government presented a fiscal […]
Gold price weaker earlier, but now catching safe-haven bid as U.S. equities tank Gold prices are a bit higher and near daily highs in midday U.S. trading Thursday. The yellow metal has erased its early losses as is seeing some safe-haven buying the U.S. stock market is melting down again and risk aversion is on […]
