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Even before the stock market’s latest roller-coaster ride, millions of recession-scarred Americans were losing sleep
BySirhcThe escalation in trade and tariff tensions earlier this month appears to have shaken consumers’ confidence Courtesy of MarketWatch By Quentin Fottrell Published: Aug 10, 2019 9:49 a.m. ET How are you sleeping lately? The next recession will likely begin in 2020, according to the result of a recent panel of more than 100 real-estate economists polled…
Goldman Sachs has a new blowout forecast for gold
BySirhcCritical information for the U.S. trading day A weaker day is setting up for stocks on Tuesday, as optimism over U.S. stimulus progress and vaccine news starts to fade, and attention turns to the start of a two-day Federal Reserve meeting. The asset that stole the show on Monday, of course, was gold GCQ20, 0.69%, which climbed to…
Gold Is Dangerously Under-owned by Americans, Especially Now Gold Is Dangerously Under-owned by Americans, Especially Now
BySirhcFar from being mired in the summer doldrums, precious metals markets appear to be on their way to making this summer one for investors to celebrate. $20+ silver and new record highs for gold are both well within reach. Even as the big tech stocks that make up the Nasdaq are posting rip-roaring gains, the…
Gold has room to overshoot to the topside
BySirhcCommerzbank technical analysis on gold is looking for it towards $2000: is on course for the 1921.50 September 2011 high there is room for an overshoot to the top of a 49-year channel at 1983.00 … our long-term target … should hold the initial test and provoke some profit taking Forays above 2000 are expected…
Gold Price Analysis: XAU/USD attempts to stabilize ahead of the $1670 June low – Commerzbank
BySirhcGold 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…