Gold Prices Weaker On tiny danger Aversion, Firmer unite states Dollar

collected by :kiven Dixter

(Kitco News) - Gold prices are modestly reduce in early unite states trading Thursday, once another time trading in an inverse relationship by a firmer unite states $ index on this day. Scant danger aversion presently in the marketplace Information Systems too working against the safe-haven gold & silver markets. Gold bulls' following upside near-term value breakout objective Information Systems to Production a lock above solid technical resistance at $1,350.00. Bears' following near-term downside value breakout objective Information Systems pushing prices below solid technical backing at $1,300.00. Silver bulls' following upside value breakout objective Information Systems closing prices above solid technical resistance at the February high of $17.04 an ounce.

Silver, unite states $ Are Catalysts To Drive Gold Prices Higher - Hecht

(Kitco News) - With the precious metals stuck in a near-term trading range, 1 commodity analyst continues to watch silver & the unite states $ as the 2 catalysts to drive prices higher in the short term. In a report published with Seeking Alpha, Andrew Hecht, innovator of the Hecht Commodity Report, wrote which the unite states $ has been in a downtrend ever early 2017 & there are Symptoms which the currency Information Systems entering a long-term bear market. He added which silver prices necessity to break out of key resistance at $18.16 an ounce. Silver continues to underperform gold prices as the gold ratio on Kitco.com continues to trade near multi-year highs, around eighty points. According to some commodity analysts, gold & silver can push higher following 7 days if the Fed spare maintains its prediction for 3 average hikes.

Gold Prices company Up After unite states CPI Meets Market Expectations

As it stated in (Kitco News) - Gold prices are up in early unite states trading Tuesday, & have erased modest overnight losses. Gold bulls' following upside near-term value breakout objective Information Systems to Production a lock above solid technical resistance at $1,350.00. Bears' following near-term downside value breakout objective Information Systems pushing prices below solid technical backing at $1,300.00. Silver bulls' following upside value breakout objective Information Systems closing prices above solid technical resistance at the February high of $17.04 an ounce. The following downside value breakout objective for the bears Information Systems closing prices below solid backing at $16.00.

Gold Prices Push Into leverage district After In-Line height In unite states CPI

(Kitco News) - Gold prices have turned leverage on the day as markets digest a steady promote in unite states inflation pressures. Tuesday, the unite states Labor section told its unite states user value Index rose 0.2% in February, after increasing 0.5% in January. Monthly core inflation, that strips out volatile food & energy costs, rose 0.2%, next a 0.3% promote in January. Annually, core inflation rose 1.8%. Gold prices were under modest selling Stress ahead of information & have moved into slight leverage district in premier reaction.