American billionaire investor Mike Novogratz says that Bitcoin has “crushed” gold in terms of performance and adoption. Former hedge fund manager Novogratz is the Founder and CEO...
Oil has another virus slump In a high-volatility week, oil markets are in a league of their own. The Moderna CEO’s vaccine efficacy comments yesterday triggered another massive...
On Tuesday, fresh concerns about the new COVID-19 variant “Omicron” sent Gold prices blasting above the key $1800 mark – bring back flashbacks of the sizzling pandemic-induced...
To most gold bulls, what Jerome Powell suggested would be the last thing they’d have expected from the Fed chair: A faster taper of the pandemic-era stimulus that the central bank...
Gold prices edged higher on Wednesday due to softer U.S. Treasury yields and concerns over the economic impact of the Omicron variant of the coronavirus.
We can expect to see a further period of congestion around the $1800 per ounce area.
Type | Daily | Weekly | Monthly |
|---|---|---|---|
| Moving Averages | Strong Buy | Buy | Buy |
| Technical Indicators | Sell | Strong Buy | Buy |
| Summary | Neutral | Strong Buy | Buy |