Categories: Financial NewsMetals

Have We Reached A Critical Turning Point For Gold Yet?

May 18, 2021

By TheTechnicalTraders

Trader Chris Vermeulen joins Elijia Johnson for the first time on Liberty and Finance to discuss the latest support and resistance for gold, silver, and bitcoin.  The gold market is at a critical turning point with gold hitting key resistance levels. If the US Dollar starts to rally, gold could fail to break out and, instead, fall to $1600.  However, does the strong divergence between gold and silver give clues as to which asset is likely to run farthest and fastest?

Click the image below to watch the interview

GET YOUR GOLD UPDATE DELIVERED TO YOUR INBOX EVERY MORNING WITH BAN TRADER PRO

 

InvestMacro

Share
Published by
InvestMacro

Recent Posts

Mining the ocean floor: 5 deep‑sea sources of critical minerals essential to technology, and the fragile marine life at risk

By Leonardo Macelloni, University of Mississippi  You may be hearing a lot lately about critical…

14 hours ago

Trump signals de-escalation in the Middle East; China’s trade surplus hits a new record

By JustMarkets The US stock market concluded Monday’s session with gains. By the end of…

15 hours ago

EUR/USD in Turbulence: Market Questions When Conflict Over Iran Will End

By Analytical Department RoboForex EUR/USD is trading around 1.1608 on Tuesday. The US dollar attempted…

15 hours ago

War in Middle East brings uncertainty and higher energy costs to already weakening US economy

By Michael Klein, Tufts University  The “fog of war” refers to confusion and uncertainty on…

1 day ago

Prices push oil above $100 per barrel

By JustMarkets  The Canadian dollar rose above 1.37 against the US dollar, reaching a one-month…

2 days ago

Currency Speculator Positions see AUD, BRL Bets rise. Yen, Euro Bets drop

By InvestMacro Here are the latest charts and statistics for the Commitment of Traders (COT)…

3 days ago

This website uses cookies.