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Yesterday a potential upside resistance level on Gold was identified here and that was at $2,378.82. Well, Gold later yesterday that level ahead of the European close, when it topped out at $,2378.55. That capped the topside ahead of the US close and the metal later ended the US session at $2,376.06 after briefly dipping below $2,370 beforehand. Overnight the metal has lifted above that resistance level, subsequently reaching $2,387.76 a short while ago. It has backed off from that high now though, but so far remains above that former resistance level, at $2,378.82, but that is not so suggest it will necessarily continue to do so. Gold is currently trading at $2,379.30
The European stock markets have been closed for around an hour now and all three major indexes ended the week in the red. So, it is over the US to see...
The Canadian June jobs report has just been released. As noted earlier the markets were not looking for much of a change in payrolls last month, after...
The Canadian June jobs report has just been released. As noted earlier the markets were not looking for much of a change in payrolls last month, after...
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