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First Day of 2024 Brings Promising Signs for Gold, Stocks, and Miners

From goldpriceforecast.com

They say that the first session of the year is a good predictor of the entire year. Can it be really that profitable? It can. On the first trading day of the year, the markets agreed with pretty much everything we wrote recently, suggesting that there’s much more of that to come. Let’s jump right into the charts. The USD Index soared profoundly yesterday, and that was the biggest daily gain in months! Talk about a bullish indication! The USDX moved higher also in today’s pre-market trading. This is in perfect tune with what I wrote previously, and those comments still remain up-to-date – they continue to support even ... (full story)

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  • Category: Technical Analysis