Don’t Fall Into This Gold Trading Trap
April 4—One of the 10 commandments of successful trading is: Know Thy Timeframe and trade accordingly. The current market environment in gold is a premier example of this key tenet for successful trading. Here’s why.
Political Class Rocked, World Reacts to PanamaLeaks
(Kitco News) – The world’s political class has been rocked to the core in reaction to 2.6 terabytes of data that was leaked Sunday by German newspaper Süddeutsche Zeitung, Mossack Fonseca, Iceland Prime Minister, Sigmundur Davíð Gunnlaugsson, Ukraine, Petro Poroshenko, David Cameron, Ian Cameron
Quiet Metals Markets, But Serious Issues Ahead
Gold reacted as expected to the slightly better employment data on Friday. The knee-jerk reaction caused heavy liquidation, as the numbers were again interpreted as a signal the Fed would raise rates, but the market quickly found a bid and closed aroun…
Read moreCME Group: Average Daily Gold Volume Second Most Ever In First Quarter
CME Group reports that the first quarter was the second strongest ever for trading volume of gold products. The average daily volume for gold futures and options contracts was 284,000, the exchange operator reports.
Read moreGold Weaker Amid Better World Risk Appetite
Gold prices are modestly lower in early U.S. trading Monday, amid an improving general world trader/investor risk appetite. June Comex gold was last down $2.20 at $1,221.30 an ounce. May Comex silver was last down $0.016 at $15.03 an ounce.
Read moreTahoe Resources Revises Guidance After Completion Of Merger With Lake Shore Gold
Tahoe Resources Inc. (TSX: THO, NYSE: TAHO) has issued new 2016 guidance following Friday’s completion of the acquisition of Lake Shore Gold Corp. (TSX, NYSE MKT: LSG).
Gold Weaker Amid Better Risk Appetite, Firmer U.S. Dollar Index
Gold prices are weaker to start the trading week, Pressured by better risk appetite in the world market Place recently and by a firmer U.S. dollar index on this day.
Read moreU.S. Dollar, Technical-Chart Support To Be Keys For Gold Direction Next Week
Gold traders will be keeping close tabs on the U.S. dollar and some important technical-chart levels next week to gauge where the yellow metal is headed next.
Read moreMain Street, Wall Street Continue To Disagree On Gold Prices
The gold market could remain volatile in the near term as sentiment remains at odds between retail investors and market professionals, according to the Kitco News Wall Street vs. Main Street Gold Survey.
Read moreTrump Will Help Gold – Dennis Gartman
Editor’s Note: With the U.S. elections just eight months away, it is important for investors to now start considering how each presidential candidate could potentially affect their portfolio, particularly their gold investments.