4,300 has fallen — and gold’s recovery is now a trend. The metal pushed through the psychological barrier this week, trading as high as 4,360 before settling near 4,350. From the June 30 low of 3,955, gold has rallied 10% in six weeks, and the character of the buying has changed: this is no longer […]
Gold has woken up. The metal closed July at 4,107 and has spent the year’s first days of August pressing higher, clearing 4,150 with ease. For a market that spent June in freefall and July in a coma, the change in tone is striking — and the drivers finally look organic rather than mechanical. What’s […]
Gold has done something quietly impressive this month: nothing. After June’s vertical decline and capitulation low at 3,955, the metal has spent three weeks building a base, inching from 4,040 to roughly 4,090. Volatility has collapsed. The daily ranges have shrunk to levels last seen in February. And the commentary has turned dismissive — which, […]
4,000. Gold spent last week circling the most watched round number in the commodity world, dipping to 3,963 before recovering to close at 4,082. The metal has now gone almost three weeks without making a new low — the longest stabilization since the April peak — and technicians are starting to whisper the word “base.” […]
Gold’s dead-cat bounce is impressive — up nearly 6% from Wednesday’s low of 4,046 to Monday’s close of 4,352. But is it a bottom? The honest answer is that bottoms are only visible in hindsight, and June bounces in gold have a history of disappointing the first wave of dip-buyers. What we can do is […]