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Tag: Gold Rally

Gold & the Rally

The talk of the town is that gold can see more upside if rates decline. That seems to be at odds with the view that gold is a hedge against inflation since lower...

Gold & the Rally

We need gold to close above 1187.50 tomorrow to signal that a further upside is possible. We need a daily closing above 1206 to suggest pushing higher. If we can...

Gold – Interest Rates – Rally

QUESTION: Will higher interest rates hurt gold if they reflect demand for money and inflation? ANSWER: Analysts have said that higher interest rates would hurt gold...

Gold & The Bounce

Gold rallied and stopped dead at 1108.50, just shy of the 1109 Daily Bullish Reversal. Technically, the market stopped at the bottom of the broad channel overhead....