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Despite Recent Fall, Gold Bulls Are Still Kicking - Jim Wyckoff
Gold prices remain stable despite pressure from Friday’s strong U.S. employment data. The yellow metal kicked off the week in a tight range around $1,265 an ounce. Meanwhile, silver remained under pressure, hitting a three-week low. However, Kitco’s senior market analyst Jim Wyckoff says the gold bulls remain in control. “Gold bulls still have the near-term technical advantage,” he wrote Monday in his daily gold and silver market recap. “Bargain hunters are buying the dips.” (show less)
Gold prices remain stable despite pressure from Friday’s strong U.S. employment data. The yellow metal kicked off the week in a tight range around $1,265 an ounce. Meanwhile, silver remained under pressure, hitting a three-week low. However, Kitco’s senior market analyst Jim Wyckoff says the gold bulls remain in control. “Gold bulls still have the near-term technical advantage,” he wrote Monday in his daily gold and silver market recap. “Bargain hunters are buying ... (read more)
Technically Speaking
Kitco’s Senior Analyst Jim Wyckoff has his charts come to life every Thursday on Technically Speaking. From key price targets to his weekly market rating for gold & silver, viewers really get a chance to understand how the technicals are impacted by the headlines. Will gold get a passing grade this week? Watch to find out!Disclaimer: The content on this website, including, without limitation, news, videos, interviews and commentaries, is provided by Kitco Metals Inc. ("Kitco") for informational purposes only and is not intended as any form of advice, whether legal, accounting, investment, financial or tax advice. Therefore, it cannot be relied upon as such. Should you require such advice, contact a licensed professional. The content provided herein is provided on an "as is" basis without any warranty of any kind, whether express or implied and your use of the information provided in said content is entirely at your own risk. In no event will Kitco be held liable for any indirect, special, incidental, or consequential damages arising out of the use of the content on this website.
