Dino's Bar & Grill Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Dino's Bar & Grill

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Goose94 who wrote (71551)	11/26/2019 9:53:33 AM
From: Goose94	Read Replies (1) of 202709

Gold: is managing to hold the US$1,450 an ounce level amid positive U.S.-China trade news and rallying equities, writes MKS PAMP Group. “Reports from news outlet Xinhua noted that top trade negotiators from both the U.S. and China held a phone call and that the parties had reached a ‘consensus on solving issues’. The news saw a pop in risk to drive gold to the session low of US$1,451.80.” MKS says. “Mild supportive interest remained to restrict a test of US$1,450 throughout the session and bullion was able to push back toward US$1,455.” There is still a risk of gold re-testing $1,445 support as the December futures contract expires, adds MKS. “The record prints to equities continues to create headwinds for gold and the metal moves closer to a re-test of the hard support around US$1,450 - $1,445 as we roll out of the December futures contract.” Anna Golubova of Kitco.com

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next