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Gold: Continues to See an Uptrend
The gold market initially tried to rally during the trading session here on Monday, but has struggled to break out above the crucial $4,400 level. I find this interesting because I'm starting to notice a pattern. Asia and Europe like gold, the Americans may not so much because it seems to turn around when it gets to Wall Street. We are at the top of the channel that we've been in for about four weeks now, and it does look like it is going to be a bit of a hesitant move to the upside. But I don't think this is necessarily the be-all end-all signal to start shorting gold.I think what this tells us is that it's going to ... (full story)
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From fxempire.com | Dec 16, 2025
Gold remains stuck near the $4300 level despite U.S. dollar’s pullback and falling Treasury yields. From the technical point of view, gold needs to settle above $4300 to gain additional momentum and move towards the resistance at $4370 – $4380. Silver faced resistance near the $64.00 level and pulled back as gold/silver ratio rebounded towards the 68.00 ...
Gold prices have put in a strong bounce from the $4,285 level as buyers vie to hold the metal above $4300 into a heavy batch of event risk. If we do see strength in the labor market or higher-than-expected inflation data, there could be an opening door for a pullback in gold. But on a bigger picture basis, pullback can be seen as opportunistic for ...
Total nonfarm payroll employment changed little in November (+64,000) and has shown little net change since April, the U.S. Bureau of Labor Statistics reported today. In November, the unemployment rate, at 4.6 percent, was little changed from September. Employment rose in health care and construction in November, while federal government continued to lose ...
