Gold Corrects Slightly As Traders Await Comments From The Fed On Wednesday
(Kitco commentary) - The next couple of weeks will be absolutely critical in terms of statements made by both the Federal Reserve and the presidents of the two superpowers when they meet in Osaka Japan later on this month.
Major Chart Damage Created On Today's Sell-Off In Gold
(Kitco commentary) - Gold pricing continues its decent that began on Thursday with the most active June Comex contract trading as low as $1275.50 in overseas trading last night, and as of 3:00 Eastern standard time is fixed at $1279.30.
You Say Good Buy, I Say Heck No
You might say that what we are witnessing today in terms of gold pricing is like a salmon swimming upstream against the current.
Its Like Day And Night
Itâ??s not about nuance, itâ??s not about the subtleties of trading, rather itâ??s about a 24-hour market in which traders witness polar opposites in terms of market direction and sentiment.
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