• Home
  • About Us
  • Contact Us
  • Cookie Policy
  • DMCA
  • Disclaimer
  • Terms of Use
World Magazine Media KS
  • Home
  • Business
    • Gold
    • Market
    • Money
    • Stock
  • Food
    • Dessert
    • Drinks
    • Fast food
    • Kids
    • Recipe
  • Health
    • Diet
    • Exercise
    • Fitness
  • Lifestyle
    • Fashion
    • Music
    • Sports
    • Travel
  • Services
    • Care Services
    • Cleaning Services
    • Customer Service
    • Errand Services
    • Home Services
    • Office Services
    • Online Services
    • Transport Service
    • Writing Service
  • Technology
  • Contact Us
  • Pages
    • About Us
    • Cookie Policy
    • DMCA
    • Disclaimer
    • Terms of Use
    • Privacy Policy
No Result
View All Result
  • Home
  • Business
    • Gold
    • Market
    • Money
    • Stock
  • Food
    • Dessert
    • Drinks
    • Fast food
    • Kids
    • Recipe
  • Health
    • Diet
    • Exercise
    • Fitness
  • Lifestyle
    • Fashion
    • Music
    • Sports
    • Travel
  • Services
    • Care Services
    • Cleaning Services
    • Customer Service
    • Errand Services
    • Home Services
    • Office Services
    • Online Services
    • Transport Service
    • Writing Service
  • Technology
  • Contact Us
  • Pages
    • About Us
    • Cookie Policy
    • DMCA
    • Disclaimer
    • Terms of Use
    • Privacy Policy
No Result
View All Result
World Magazine Media KS
No Result
View All Result
Home Business Market

Gold Bulls Working To Stabilize Market

Ana Vaughn by Ana Vaughn
March 31, 2025
in Market
0

(Kitco News) – Gold prices are near steady in early-morning U.S. trading Monday, as the bulls are trying to “right the ship” following the intense selling pressure seen late last week. Working in the precious metals bulls’ favor to start the trading week is a weaker U.S. dollar index and lower U.S. stock index prices. June gold futures were last up $0.40 an ounce at $1,276.10. July Comex silver prices hit another 5.5-month low overnight and were last up $0.012 at $14.40 an ounce.

Gold Bulls Working To Stabilize Market 1

Gold prices lost around $35.00 last Thursday and Friday, producing near-term technical damage. Bulls need to stabilize their market early this week to avoid a solid, fresh leg down in prices from occurring.

World stock markets were mostly weaker overnight. U.S. stock indexes are pointed toward lower openings when the New York day session begins. The U.S.-China trade war drags on, with any agreement between the two largest economies in the world not seen as imminent. This matter will likely continue to drag on world stock markets until it comes to a successful conclusion.

In overnight news, the German Bundesbank expects Germany’s economy to stagnate in the second quarter of this year. Germany’s economy is the workhorse of the European Union.

In other news, Australia’s conservative government won surprisingly in the weekend national elections. And India’s Prime Minister Modi has likely won re-election over the weekend, according to exit polls.

Today’s key “outside markets” see the U.S. dollar index near steady. Meantime, Nymex crude oil prices are also trading around unchanged and just below $63.00 a barrel.

U.S. economic data due Monday’s release is light and includes the Chicago Fed national activity index.

Technically, the gold bears have gained a slight overall near-term technical advantage. Bulls’ next upside price objective is to produce a close in June futures above solid resistance at $1,300.00. Bears’ next near-term downside price breakout objective pushes prices below solid technical support at the May low of $1,267.30. First, resistance is seen at $1,280.00 and then at $1,285.00. First, support is seen at the overnight low of $1,273.30 and then at $1,270.00. Wyckoff’s Market Rating: 4.5 July silver futures bears have a solid overall near-term technical advantage. Prices are in a three-month-old downtrend on the daily bar chart.

Silver Bulls’ next upside price breakout objective is closing prices above solid technical resistance at $15.00 an ounce. The bears’ next downside price breakout objective is closing costs below solid support at the November low of $14.175. First resistance is seen at Friday’s high of $14.555 and then at $14.75. Next, support is seen at the overnight low of $14.355 and then at $14.30. Wyckoff’s Market Rating: 2.0.

Previous Post

Innovative corporations are trouncing the rest of the marketplace

Next Post

Trump Twitter Tantrum Could Trigger 20% Stock Market Crash

Ana Vaughn

Ana Vaughn

Zombie buff. Extreme travel aficionado. Creator. Subtly charming twitter nerd. Introvert.Spent several years exporting country music in Naples, FL. Spent a weekend building squirt guns in Mexico. Developed several new methods for managing jungle gyms on the black market. Spent the 80's investing in Slinkies in the aftermarket. At the moment I'm researching Roombas for the government. A real dynamo when it comes to promoting etch-a-sketches on the black market.

Next Post
Trump Twitter Tantrum Could Trigger 20% Stock Market Crash

Trump Twitter Tantrum Could Trigger 20% Stock Market Crash

No Result
View All Result

New Post

  • ICO Launches Consultation on Age-Appropriate Design: A Code of Practice for ISS

    0 shares
    Share 0 Tweet 0
  • A Food Pyramid for Kids’ Media Consumption

    0 shares
    Share 0 Tweet 0
  • India’s Online Food Delivery Market by Operation Type, City, Ordering Platform, Cuisine & Companies (2019-2023) – ResearchAndMarkets.Com

    0 shares
    Share 0 Tweet 0
  • On-Demand Home Services Market Analysis 2019 : Handy, Hello Alfred, Helpling, YourMechanic

    0 shares
    Share 0 Tweet 0
  • ‘Tank Road one of the maximum infamous faux items market’

    0 shares
    Share 0 Tweet 0

Popular Post

How to Create a Lifestyle Financial Plan

How to Create a Lifestyle Financial Plan

June 16, 2025
Errand Services Are The Key to the Perfect Business

Errand Services Are The Key to the Perfect Business

June 16, 2025
How to Start an Errand Service Business with No Money

How to Start an Errand Service Business with No Money

June 15, 2025
  • Home
  • About Us
  • Contact Us
  • Cookie Policy
  • DMCA
  • Disclaimer
  • Terms of Use

© 2025 wmmks - All Rights Reserved

No Result
View All Result
  • Home
  • Business
    • Gold
    • Market
    • Money
    • Stock
  • Food
    • Dessert
    • Drinks
    • Fast food
    • Kids
    • Recipe
  • Health
    • Diet
    • Exercise
    • Fitness
  • Lifestyle
    • Fashion
    • Music
    • Sports
    • Travel
  • Services
    • Care Services
    • Cleaning Services
    • Customer Service
    • Errand Services
    • Home Services
    • Office Services
    • Online Services
    • Transport Service
    • Writing Service
  • Technology
  • Contact Us
  • Pages
    • About Us
    • Cookie Policy
    • DMCA
    • Disclaimer
    • Terms of Use
    • Privacy Policy

© 2025 wmmks - All Rights Reserved