Don’t let the dollar’s strength confuse you Miserable gold generates even more bearish technicals, but is now oversold Silver is relatively stable given gold’s action; the ratio is down from 96 to 94, but still very high. Net short the largest since May 2019. Dollar remains strong but gold is now holding just above $1,700 […]
Gold trying to break higher – markets firmly in risk-off
It’s always a sign of extreme nervousness when the dollar, Treasury yields, and gold are all moving higher. With the markets now fully expecting a 50-point rate hike from the Federal Open Market Committee at its meeting of 3rd and 4th May, attention has been increasingly focused on geopolitical risk, which of course revolves largely […]
Weekly markets round-up for Coininvest
Welcome to a very brief overview of the recent performance in the markets. The essentials are captured in the table below and each week we will show a chart of interest. This is the last CoinInvest round-up of this year. We wish all our readers and clients a very Happy Christmas and a safe and […]