• +1 (312) 549-9986

Gold $3,002.97 $3.13 0.1% Silver $33.87 $0.01 0.03% Platinum $1,010.25 $7.6 0.76% Palladium $976.30 $8.4 0.87%

Zaner Daily Precious Metals Commentary

Zaner Daily Precious Metals Commentary

The technical path of least resistance is down in gold with a series of lower highs and lower lows presenting bearish charts.

We also see the fundamental bias pointing down in gold and silver as a muted US CPI reading fosters a thin measure of long liquidation from long-suffering gold inflation bulls.

However, the bull camp hopes that muted inflation will spark talk of the end of the rate hike cycle and potentially provide a measure of misguided buying off talk of rate "cuts" next year...[MORE]

Please subscribe to receive the full report via email by clicking here.

Leave your comment