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Gold's strong decline results in a high probability of a death cross forming Gold has declined dramatically this week opening at approximately $1841 on Monday, with the February 2022 Comex contract currently fixed at $1790.10. Gold declined by three dollars today taking the weekly price decline two $50.90. If you factor in the highest value gold traded which occurred on Tuesday at $1854 to today's low it equals a $78 differential between the highest and lowest price gold traded to…

Gold is insurance against a hawkish Fed policy mistake I hope all the gold investors out there are wearing their seatbelts because if this past week is any indication, the price action is going to continue to be a bumpy ride. Gold bulls were once again caught on the back foot as the Federal Reserve struck a hawkish tone on Wednesday, setting the stage for a rate hike in March and a reduction of its bloated balance sheet before the…

Expert forecasts- what to expect from gold, silver, cryptos, and equities 2022 has kicked off with a hawkish Fed, inflation fears and the end of zero interest rates in sight. Will markets collapse under the weight of a more aggressive central bank or will financial assets and cryptocurrencies hit new highs? Join us LIVE on YouTube at 3:00 pm ET, Jan. 25, 2022 for a special, interactive session as we discuss how best to position your portfolio with Lynn Alden,…

Market participants pay attention to the upcoming Fed meeting and Ukraine Gold had moderate gains today as market participants await the policy decisions that will be revealed on Wednesday when the Federal Reserve concludes its FOMC meeting, releases its most current policy statement and holds a press conference with Chairman Powell. Also, on the minds of the investment community are the geopolitical uncertainties as tensions grow regarding a buildup of Russian troops on their border with Ukraine. As of 4:05…

Is Fed about to make a mistake? Here's what gold is saying Gold and silver hit two-month highs this week, while the crypto market suffered major losses, with bitcoin plunging below $35,000. To explain all of this, analysts pointed to rising U.S. treasury yields triggered by an aggressive Federal Reserve. Markets are now pricing in four rate hikes and a balance sheet runoff this year. Here's a look at Kitco's top three stories of the week: 3. Gold price rallies…

Gold price next week: a breakout or a sideways trap? All eyes on hawkish Fed and stocks volatility – analysts The gold market surprised with a breakout above $1,830 an ounce this week. And analysts say next week will be pivotal in whether gold breaks out or gets stuck in the sideways price action again. In an unexpected move, the precious metal surged to two-month highs this week, with investors flocking to safe havens as volatility rocked the equity markets…

Gold market finally realizes Fed is completely wrong; $2,000 now on the way David Lin, Anchor at Kitco News discussed gold and inflation with Wyckoff. Wyckoff explained that the reason there was a decoupling between gold and the Consumer Price Index last year was because it was perceived by the marketplace as an occurrence that was not going to be permanent. “The Fed called it transitory, and that’s just not the case. It’s proving not to be transitory. It is…