Gold Bear Analog

Gold has suffered recently in the wake of higher real interest rates while the US Dollar, thanks to higher yields has reached a 14-year high. Stronger real rates hurt Gold but so does a stronger US Dollar, which remains the dominant global currency. In addition to falling real interest rates Gold likely needs the US … Continue reading

Gold and gold stocks have been oversold for weeks. Gold has found support just above key support at $1155-$1160. Meanwhile, gold stocks held up well and did not make new lows even as Gold declined $60/oz. Targets and expectations are discussed. Click Here to Learn More About our Premium Service