Bitcoin September 29 daily chart alert – Bulls regain some footing
(Kitco News) – Monday, September 29–October bitcoin futures prices are solidly higher in early U.S. trading Monday on a good rebound from late last week’s selling pressure.
Read moreGold market analysis for September 29 – key intra-day price entry levels for active traders
(Kitco News) – This 5-minute bar chart for Comex gold futures can be a valuable analytical and trading tool for the active intra-day gold futures trader/market watcher.
Read moreAll that glitters is getting pricier, but demand is not going away
(Kitco News) – The gold market capped off another exciting week, pushing to within $10 of $3,800 an ounce; however, $4,000 remains the major target on everyone’s radar.
Read moreWall Street sees an unstoppable juggernaut in gold, Main Street boosts its bullish sentiment with jobs report on deck
The latest Kitco News Weekly Gold Survey showed Wall Street sentiment as bullish as it’s ever been after gold gained despite numerous headwinds, while Main Street investors grew moderately more optimistic about the precious metal’s near-term prospects.
Read moreGold eyes $3,800 but might need weak labor market data to get there
(Kitco News) – Gold prices have stumbled slightly around $3,800 an ounce, but many analysts do not expect this new resistance level to pose much of a challenge, as inflation is not hot enough to stop the Federal Reserve from continuing down its path of…
Read moreInvestors need to hedge stock and bond portfolios with commodities like gold – Goldman Sachs Research
(Kitco News) – To protect stock and bond portfolios against unexpected financial market tail risks, investors should consider diversifying through commodities like gold, according to Goldman Sachs Research led by analyst Lina Thomas.
Read moreGold prices holding above $3,750 as U.S. core PCE shows annual inflation holding at 2.9%
(Kitco News) – The gold market briefly pushed back to session highs above $3,750 an ounce as U.S. inflation pressures remain elevated, but have become unmanageable, giving the Federal Reserve room to reduce interest rates next month.
Read moreGold shoots to session high after final Consumer Sentiment falls to 55.1 in September
(Kitco News) – The gold market is trading at session highs ahead of the weekend after the latest data showed consumer sentiment in the U.S. declining more than expected, while longer-term inflation expectations rose higher once again..
Read moreGold price firmer after key U.S. inflation data as expected
(Kitco News) – Gold prices are firmer following an important U.S. inflation report that is just out and right in line with market expectations.
Read moreBitcoin September 26 daily chart alert – Bears gain more technical power late this week
(Kitco News) – Thursday, September 25–October bitcoin futures prices are a bit lower in early U.S. trading Friday after posting strong losses Thursday and hitting a three-week low. Bears have the firm overall near-term technical advantage. See the important near-term technical support and resistance lines on the chart. Wyckoff’s Market Rating: 3.0 (out of 10.0, with 1.0 being the most bearish and 10.0 being the most bullish).
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