(NQ: XAU )
137.44 USD -0.46 (-0.33%) Streaming Delayed Price Updated: 11:39 AM EDT, Oct 30, 2020 Add to My Watchlist
All news about XAU
Gold & Dow Jones’ Step Sum Symmetry
October 25, 2020
The Dow Jones remains range bound in the BEV chart below, though at week’s close it was in scoring position; <5% from making a new all-time high.
Gold Correction Lower Taking Place
October 14, 2020
Elliott wave view for Gold suggests that the correction lower approximately towards $1801- $1669 area or a deep test of the 24 September 2020 low should be taking place.
A Look At “Monetary Policy” Of The Past Four Decades
October 11, 2020
I used to subscribe to Richard Russell’s Dow Theory Letter. I consider my actual education on markets began with Mr. Russell’s market comments.
Gold And Silver Rally As The Fed Wants More Stimulus
October 10, 2020
The Fed has printed trillions of dollars this year, yet apparently that's not enough. Fed chairman Jerome Powell is saying it would be a catastrophe if Congress doesn’t authorize them to print more....
Technical Analysis: Gold And Silver
September 29, 2020
Gold (XAU/USD): Price analysis, investing and trading with technical analysis Elliott Wave Forecast.
What’s With Gold And The Dow Jones In Late September?
September 27, 2020
Gold and the Dow Jones have one thing in common; since their recent highs, the bears have yet to force them to correct by double digit percentages.
Goldmoney Inc. Announces Results of 2020 Annual and Special Meeting of Shareholders
September 15, 2020
Goldmoney Inc. (TSX:XAU) (“Goldmoney” or the “Company”) is pleased to announce the results of its annual and special meeting of shareholders (the “Meeting”), held in Toronto on September 14, 2020. A...
Market Update For Early September
September 06, 2020
At week’s close the 200 count for the Dow Jones, number of Dow Jones days of extreme volatility within the past 200 NYSE trading sessions, closed up one to forty-six.
Gold Is Lower Due To Economic Recovery?
September 05, 2020
There was a Reuters headline recently which suggested that the gold price was down based on renewed hopes of a faster-than-expected economic recovery. Which sounds plausible, but leaves an inaccurate...
Gold Price Forecast: XAU/USD Cheers Dollar Dumping, Closes In On $2000
September 01, 2020
Gold bulls appear unstoppable as the US dollar keeps falling while the rallying Treasure yields fail to limit gold's upside. Eyes are now on the US ISM Manufacturing PMI and Employment sub-index.
100 Years of Indexes - What BEV Plots And BGMI Can Tell
August 30, 2020
In terms of CinC inflation, the stock market isn’t compensating investors for the risks they take, such as the loss of purchasing power in the dollars their capital gains and losses are denominated...
Warren Buffett’s Partner Called Him a “Jerk”
August 23, 2020
Hey, cut the guys some slack because at some point everyone becomes a dumb-jerk if they can’t make the connection between what the FOMC is doing with manipulating bond yields lower and market...
GDX and SPY - Calm Before A Storm?
August 20, 2020
We were looking for a stronger move than what we got as we were expecting a thrust through the February high. A quiet market precedes a volatile market.
At week’s end, the Dow Jones has fallen short of breaking above its BEV -5% line. So, it isn’t in scoring position just yet, but maybe that’s what next week is all about.
Silver’s Wild Week Ends With $26.50 Silver Price
August 15, 2020
In the past month, the silver price has gone from $18 to $29, then back down to $25, then up to $27, before closing slightly lower at $26.50. What to make of it all?
Gold performance continues to glisten. The precious metal has staged an impressive 12% rally over the last three weeks, which just catapulted XAU/USD to an all-time high above the $2,000-price level.
Possible Ka-Booms As Far As The Eyes Can See
August 09, 2020
After a two month pause, the Dow Jones is finally making a move to take out its -6.7% BEV high of the post March 23rd advance made in early June. To do so from Friday’s close it would have to advance...
Goldmoney Inc. Reports Financial Results for First Quarter 2021
August 06, 2020
Goldmoney Inc. (TSX:XAU) (US:XAUMF) (“Goldmoney” or the “Company”), a precious metal financial service and technology company, today announced financial results for the first quarter ended June 30,...
Goldmoney Inc. (TSX:XAU) (US: XAUMF) (“Goldmoney”) (the “Company”), a precious metal financial service and technology company, will announce first quarter 2021 financial results before market open on...
The bullish breakout in gold has continued, as last week finally saw the metal push up to a fresh all-time-high. Perhaps even more impressive than the fresh all-time-high was the manner in which it...
Goldman & JPM Trash Gold, But Take Delivery On COMEX
August 02, 2020
Both Goldman Sachs and J.P. Morgan had well publicized reports this week talking about why gold is overpriced at $2,000 per ounce. Yet on the COMEX August gold delivery report, both banks amazingly...
Rising Gold = Higher Future Bond Yields
August 02, 2020
The Dow Jones continues in an annoyingly tedious manner, where it refuses to go up or down as it hugs on to its BEV -10% line for dear life in the BEV chart below. It’s been this way for over a month.
Gold Price Rises As 32,732 Gold Contracts Are Delivered
August 01, 2020
After seeing record gold and silver deliveries on the COMEX in recent months, the market has been eagerly awaiting the August gold deliveries. And sure enough, it was another big number, as 32.732...
Gold Price Weekly Outlook: Consolidating Near Record Highs
August 01, 2020
Gold printed a fresh new all-time high earlier this week before backing off, as US real yields fell further into negative territory. The latest 10-year data shows US real yields are nearly -1.0%, down...
Gold & Silver Shorts Just Took A Beating
July 26, 2020
For years, we have heard about the manipulative short position that the bullion banks hold on gold and silver. Keep in mind that when these banks are short, they're losing money when the price goes up....
Silver – The Metal That Gets No Respect
July 26, 2020
This week all the excitement was in the old monetary metals, gold and especially, silver. It’s been over a hundred years since silver has gotten any respect.
Goldmoney Inc. Announces Normal Course Issuer Bid
July 20, 2020
Goldmoney Inc. (TSX:XAU) (“Goldmoney” or the “Company”) announces acceptance by the Toronto Stock Exchange (the "TSX") of Goldmoney’s Notice of Intention to make a normal course issuer bid (the "NCIB")...
Since early June the Dow has oscillated between its BEV -5% and -15% lines. This won’t last forever and if the Dow breaks above its BEV -5% or below its -15% lines this will be an important...
The prices of gold inched higher on July 15, and remain above the psychological price level of $1,800 an ounce. The demand for the metal was pushed up by fears over the surge of new COVID-19 cases and...