tools spotlight
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The USD Breakdown and Huge Volume in PMs
August 28, 2017, 8:13 AMFriday’s session was rich in price events as both: gold and silver moved significantly up and down, while the USD Index plunged. These price moves were most likely triggered by the comments from the monetary authorities at the Jackson Hole Symposium, in particular by comments from Janet Yellen and Mario Draghi. They both didn’t announce any significant actions and in general their speeches revolved around defending the regulations of the financial system. Still, the markets – in particular the currency market – managed to react in a profound way. What are the implications for the precious metals market?
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Real Action Still Ahead #3
August 25, 2017, 7:00 AMNot much happened after the most important session of this year in gold, but does it mean that gold is not going anywhere anytime soon? Absolutely not - gold appears to be on the verge of a major move and we saw additional signals pointing to the direction of this move after last week's key reversal. We’re discussing the details in today’s Gold & Silver Trading Alert.
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Real Action Still Ahead #2
August 24, 2017, 9:45 AMNot much happened after the most important session of this year in gold, but does it mean that gold is not going anywhere anytime soon? Absolutely not - gold appears to be on the verge of a major move and we just saw additional signals pointing to the direction of this move. We’re discussing the details in today’s Gold & Silver Trading Alert.
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