By Gina LeeInvesting.com – Gold was up on Monday morning in Asia, hitting a more than one-week high. A weakening dollar continued to support the greenback-priced yellow metal,...
By Gina LeeInvesting.com – Gold was down on Friday morning in Asia but set for its first weekly gain since mid-April 2022. The dollar retreated from two-decade highs and growing...
By Gina LeeInvesting.com – Gold was down on Wednesday morning in Asia, with the dollar continuing its retreat from a 20-year high and countering pressure from stronger Treasury...
The long-term bullish reversal is still in play on the silver chart, although it has been tested. Silver has a double-W reversal on the chart. As long as current levels hold, this...
Stagflation today is nothing like the stagflation of 50 years ago that brought silver to $50. This round is just starting, and it's going to get worse.
If the stock market and economy continue to deteriorate, then the Federal Reserve won’t be able to follow through with its ambitious rate-hiking plans.
Type | Daily | Weekly | Monthly |
|---|---|---|---|
| Moving Averages | Strong Sell | Sell | Buy |
| Technical Indicators | Strong Sell | Sell | Buy |
| Summary | Strong Sell | Sell | Buy |