As will be the norm much more often than not, my precious metals analyses will be part and parcel of the freely accessible Stock Trading Signals analyses. Here within Gold Trading Signals, you‘ll find the trade position calls and surrounding reasoning regarding gold whenever required.
Enjoy today‘s gold analysis – coming right after the stock market part as usually.
ADP data came in positive, dollar rose and so did yields as the market (incorrectly) thinks that taper is closer. And tomorrow’s strength in non-farm payrolls would only reinforce that. The truth is though that the Fed can’t withdraw some liquidity, raise rates or even slow down the monetary expansion. Gold and commodities beyond copper (not oil though) are reacting, and miners don’t offer clues that this daily setback would be over. The taper smoke and mirrors game got a new lease on life, but the inflation trades aren’t over.
Thank you for having read today‘s precious metals market specifics available in full here, at my homesite. This is where you can subscribe to the free Monica‘s Insider Club, which features real-time trade calls and intraday updates for all the four publications: Stock Trading Signals, Gold Trading Signals, Oil Trading Signals and Bitcoin Trading Signals.
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All essays, research and information represent analyses and opinions of Monica Kingsley that are based on available and latest data. Despite careful research and best efforts, it may prove wrong and be subject to change with or without notice. Monica Kingsley does not guarantee the accuracy or thoroughness of the data or information reported. Her content serves educational purposes and should not be relied upon as advice or construed as providing recommendations of any kind. Futures, stocks and options are financial instruments not suitable for every investor. Please be advised that you invest at your own risk. Monica Kingsley is not a Registered Securities Advisor. By reading her writings, you agree that she will not be held responsible or liable for any decisions you make. Investing, trading and speculating in financial markets may involve high risk of loss. Monica Kingsley may have a short or long position in any securities, including those mentioned in her writings, and may make additional purchases and/or sales of those securities without notice.
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