Author Archive: Gold Silver Worlds

These are the authors of te News Desk of GoldSilverWorlds.com. Based on several years of experience and research, the network behind GoldSilverWorlds.com created a trusted guide of verified Gold & Silver websites, online services and articles. Providing top quality and trusted sources is the primary objective; helping create awareness about Gold & Silver among people worldwide is the aimed result.

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Gold Price: Is This A Bounce Or More?

Gold Price: Is This A Bounce Or More?

The first chart shows Spot Gold ($GOLD) in a long-term downtrend with lower lows and lower highs since May 2013. Even though gold held the November low around 1140 and bounced the last few weeks, this bounce is still just a counter-trend move within a bigger downtrend. A double bottom is also possible, but such a pattern would not be confirmed until a break above the January high around 1300. Such a move would also break the upper trend line of the falling channel.

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Gold And Silver Price: Expect Volatility On Wednesday April 9th

Gold And Silver Price: Expect Volatility On Wednesday April 9th

For the week commencing April 6th, there are almost no economic data scheduled to be announced, as seen in the table below. On Wednesday, however, there are some central bank announcements on the agenda. The Japanese central bank is planned to give a press conference, and the FOMC minutes of the meeting on February 25th and 26h will be published. That is a recipe for potential volatility in almost all markets. We expect Wednesday to be potenially very volatile.

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Why The Gold And Resources Market Could Be Bottoming

Why The Gold And Resources Market Could Be Bottoming

I was very encouraged because gold had broken below its December 2013 low, and it seemed that every pundit and blogger in the world was saying that there was nothing to stop the fall short of $1,000, or even $700. It was widely believed that breaching the prior low was the trigger that would take it much lower—but that’s not what happened. Instead, the new low was a buying signal to Russians, Chinese, Indians, and others, and gold shot right back up again.

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Gold Price Taking A Well Deserved Rest

| March 30, 2015 | Category: Price
Gold Price Taking A Well Deserved Rest

The recent rally is respectable because Gold pushed through several significant resistance areas in the process. The is break through $1181 to $1188, then the round-number at $1200 along with the 50 day exponential moving average which is also at $1200. After the recent 70 run Gold deserves a break to consolidate its gains and gather energy for the next push higher.

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Precious Metals: Contratrend Rallies And Technical Price Levels

Precious Metals: Contratrend Rallies And Technical Price Levels

Gold Spot price slipped to test the prior low at 1,143, below the 2005 uptrend and MAs, holding flat. The recent low may carry a potential positive divergence in the weekly momentum with a higher low on the recent test versus the late 2014 price low, but the current weekly reading is negative and would need to turn positive. One can note a similar positive divergence on the 2013 test of price support with a higher momentum low, followed by a minimal rally.

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Events Impacting Gold And Silver In The Week Of March 30th

| March 29, 2015 | Category: Price
Events Impacting Gold And Silver In The Week Of March 30th

For the week commencing March 30th, quite some economic data are scheduled to be announced, as seen in the table below. There is no central bank announcement on the agenda. Tuesday is a busy day, with the European CPI and U.S. consumer confidence data being released, among many other data. We believe the nonfarm payrolls and unemployment rate in the U.S. on Friday have the potential to create some volatility in markets and metals, but at the same time, as it will be Good Friday, we expect a neutral reaction. The “joker” in the coming week(s) is the evolution of the geopolitical situation in the Middle East. Obviously, there is a potential for increased demand of a “safe haven” asset if things would go wrong in the Middle East.

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Weekly Review For Gold Investors – March 27th

Weekly Review For Gold Investors – March 27th

In his weekly market review, Frank Holmes of the USFunds.com summarizes this week’s strengths, weaknesses, opportunities and threats in the gold market for gold investors. Gold closed the week at $1,198.75 up $16.12 per ounce (1.36%). Gold stocks, as measured by the NYSE Arca Gold Miners Index, lost 1.82%. The U.S. Trade-Weighted Dollar Index lost 0.53% for the week.

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Felix Zulauf: Global Financial Markets Are More Distorted Than Ever Before

Felix Zulauf: Global Financial Markets Are More Distorted Than Ever Before

Investors started off 2015 with a slow global economy, low oil prices, a strong Dollar, and a deflationary Europe with great uncertainties on the progress of the US economy and the recent launch of Europe’s quantitative easing. The question is, what opportunities lie ahead? This article highlights the main topics covered in an interview between Mr. Frank Suess with the globally renowned Swiss fund manager, Mr. Felix Zulauf.

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Ingraphic: A Comprehensive View On Bitcoin

Ingraphic: A Comprehensive View On Bitcoin

With so much attention surrounding the cryptocurrency, many people may be aware of the bitcoin revolution as it took hold of the Internet a few years ago. However, while they may have heard about how it spread and took hold, many are still not aware of how it works and what purpose it serves online.

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Gold And Miners Secular Uptrend Pulled Back To Long-Term Support

Gold And Miners Secular Uptrend Pulled Back To Long-Term Support

The support level in COMEX Gold is actually a zone as opposed to a cleanly defined line. Notice how price ran into resistance between $1055 and $1110 back in 2008 / 2009 and then turned that level into support in late-2009 / early-2010. Now, in 2015, Gold has pulled back almost to the support zone with a low so far of $1132. Some analysts are calling for a low of $1030 before the current cyclical bear trend is completely finished. While none of us want to see a price of $1030 on the yellow metal, notice that $1030 would just be a test of the long-term support zone.

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Events Impacting Gold And Silver In The Week Of March 23d

| March 23, 2015 | Category: Price
Events Impacting Gold And Silver In The Week Of March 23d

For the week commencing March 23d, some economic data are scheduled to be announced but there is no central bank decision planned, as seen in the table below. Mr. Draghi and Mr. Yellen will have each one a speech during the week, but they are not announcing a decision from the central bank. CPI in the U.S. and new home sales are scheduled on Tuesday; unless the CPI will be very surprising, these are not the type of economic data that are moving precious metals prices. However, the U.S. GDP data on Friday have the potential to create some volatility in markets and metals.

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Weekly Review For Gold Investors – March 20th

Weekly Review For Gold Investors – March 20th

In his weekly market review, Frank Holmes of the USFunds.com summarizes this week’s strengths, weaknesses, opportunities and threats in the gold market for gold investors. Gold closed the week at $1,183.16 up $24.61 per ounce (2.12%). Gold stocks, as measured by the NYSE Arca Gold Miners Index, rose 0.45%. The U.S. Trade-Weighted Dollar Index lost 2.40% for the week.

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Falling Dollar Boosts Gold After FOMC Meeting

| March 18, 2015 | Category: Price
Falling Dollar Boosts Gold After FOMC Meeting

Gold benefits from a weaker dollar and lower interest rates. Gold and energy stocks were among the day’s biggest winners.

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Gold Investors Are Anticipating A Rally In Gold Miners

Gold Investors Are Anticipating A Rally In Gold Miners

NUGT, the 3x ETF, is hovering at or below support with a very clear volume signature. The reason I think this might be a chart to pay attention to is where there is this much smoke, there is usually fire. With 200 Million shares on the week, its important to remember one primary cornerstone of Technical Analysis is volume precedes price. A chart that glitters might be worth some attention even if you choose to use another ticker symbol for your trade.

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