Gold's climb since the Fed's FOMC and rate hike has now pushed the price back to its 100 day moving average
In the weeks preceding the Dec. 13 FOMC meeting and subsequent rate hike by the Federal Reserve, the gold price was smashed down below its three 'pillars' on the technical chart...
PRECIOUS-Gold retreats from 12-week high after Fed meeting
* Investors cash in gains after rally to $1,127.80/oz
* Fed says closely monitoring global economy
* Coming Up: U.S. durable goods orders; 1330 GMT (Updates throughout, changes dateline, pvs MANILA)
By Jan Harvey
LONDON, Jan 28...
Dovish Fed Spurs Gold Interests, Oil Undeterred by Stock Build
Wednesday, January 27, 2016
by Nathalie Huynh of DailyFX
Gold is a winner from Fed’s dovish meeting. Oil holds out despite large inventories. Metals sustain gains on China imports optimism
Gold “Weathered” The Storm - Dennis Gartman
Monday January 25, 2016 11:20
According to newsletter writer and famed economist Dennis Gartman, gold managed to fight off the Friday blues. “Gold weathered the usual storm that all-too-often has plagued the gold market on Friday’s,” he says. Last...