Gold is attempting to stabilize at the 2019-2021 uptrend at $1667 but the yellow metal needs to do more work to negate the downside pressure, Karen Jones, Team Head FICC Technical Analysis Research at Commerzbank, reports. See – Gold Price Analysis: XAU/USD to near the confluence support zone at $1,660-$1,670 – DBS Bank Key quotes “The market…
Judd-1624, Pollock-1820, High R.7. The head of Liberty faces left in this design by George T. Morgan, her hair done up in a bun and tied with a ribbon bearing an incused LIBERTY. E PLURIBUS UNUM is above, with stars seven left and six right, date below. The reverse portrays a wreath of cotton, wheat,…
Silver struggles to keep week-start gap-up but snaps three-day losing streak. Bearish MACD, downbeat RSI joins sustained break of yearly support line, now resistance, to favor silver sellers. Yearly low, 200-day SMA will be a tough nut to crack for bears. Silver prices waver around $25.40, fading the initial run-up to $25.56, during Monday’s Asian…
Rare, Last Year of Type The 1876-S double eagle had a mintage exceeding 1.5 million coins, but this does not necessarily translate into high-grade availability. Mint State coins are only plentiful through the MS62 level, after which the certified population drops off sharply. In MS64, the ’76-S is a major condition rarity and anything finer…
GOLD TALKING POINTS The price of gold attempts to retrace the decline from the beginning of March as the US 10-Year Treasury yield pulls back from a fresh yearly high (1.62%), but key market themes may keep the precious mental under pressure as the Federal Reserve appears to be in no rush to alter the path for monetary policy. FUNDAMENTAL FORECAST FOR GOLD: BEARISH…
End of content
End of content