Gold is more resilient than last week predicted

While the direct price action caught the attention of the press, the spot price of gold fell from $ 1,800 on Friday to the bottom of $ 1.691, but the decline was only 1.1%, which gives a more favorable context. It is unclear what happened, but the move coincided with the rise in Treasury bonds, … Read moreGold is more resilient than last week predicted

Gold Price Forecast for the week of June 7-13, 2021: bullish pressure prevails

Gold Price Forecast for the week of June 7-13, 2021: bullish pressure prevails

At first, the price of gold fell over the past week as traders focused on the idea that the Federal Reserve would cut back on its bond buying program, but after Friday’s employment data, it was clear that worries were unfounded. In this case, gold will continue to show a noticeable upward trend. The hammer … Read moreGold Price Forecast for the week of June 7-13, 2021: bullish pressure prevails