Gold Prices Suffer Ahead Of Option Expiration... Information Systems The rectification Over?

as informed in IntroductionThis gold report presents multi charts for gold & the SPDR Gold Trust (GLD). Gold OPEX value MagnetsThe graph below shows gold futures settlement prices againest the calculated OPEX value Magnets. The futures value soon corrected to a standard where the nearby options "delta" & "gamma" have been effectively neutralized. We could see double backing at the $124/share level, by both a Fibonacci retracement standard & an uptrend backing line. The $122/share value standard looks such as a perfect entry point on a pure technical basis.

Gold Prices 'Hit with Deep Link' to Real Yields however 'Should Gain' on Inflation

GOLD PRICES struggled to recover from yesterday's sharp down against the rallying America $ in London on Wednesday, halving final week's 2.2% earn as world stock markets fell, bond prices steadied & commodities edged higher. Priced in Euros & Sterling gold bullion continues to trade below its fresh Year opening. Japanese ¥ gold prices have slid 2.6% ever premier January. "Inflation has come & it ought be perfect for commodities ," reckons America investment bank & London bullion market-maker J.P.Morgan in a fresh report. "Gold prices & 10-year America real yields have historically had a tight inverse relationship, that Information Systems much stronger than the inverse relationship among the America $ & gold prices."

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collected by :kiven Dixter