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Gold rebounds to close above $2,000
The drop in the dollar and US yields yesterday afternoon provided the perfect excuse for gold buyers to return and that saw the metal rise back above $2,000 per ounce. Eventually, gold pushed up to a session high at $2,008.34. It did fall back below $2k again from there, but lifted once more into the US close, where it ended that session at $2,004.40. However, it has not been able to build on that close so far today and that is due to the USD/JPY and US yields lifting once more. The high seen in gold so far has been set at 2,005.70 and the low at 2,002.45. So, as you can see, the range has been very tight today ahead of the European opening. Gold is currently trading at $2,003.80
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Gold edging lower again- more updates early tomorrow morning
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DAX still attracting the flow as it pushes to session highs above 22,425
Not long ago the DAX lifted above 22,425 and that means it has lifted further above the last technical rebound level of note (22,299.29). Of course it...
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Another technical look at the S+P 500 with big earnings due this week
There is not that much of importance due out today in terms of US data releases or Q1 earnings reports. However, as far as earnings go, that sees...
