Neils Christensen has a diploma in journalism from Lethbridge College and has more than a decade of reporting experience working for news organizations throughout Canada. His experiences include covering territorial and federal politics in Nunavut, Canada.
Gold struggled against resistance at 2,340 and declined to 2,319, forming a bearish shooting star pattern for Friday.
Jeremy Szafron joins Kitco News as an anchor and producer from Kitco's Vancouver bureau. Jeremy is a seasoned journalist with a diverse background covering entertainment, current affairs and finance.
Jordan Finneseth is a Crypto Market Reporter for Kitco Crypto. Coming from a background in Psychology and Human Behavior, he began to focus his attention on the cryptocurrency space in early 2017 after noticing the rapid growth of this emerging market.
The gold market has been noisy over the course of the week, but it is worth noting that we are just above a major support level. This area, the $2300 region, will continue to be important, and i think that it is probably only a matter of time before we
The gold markets have been supported at the $2300 level again, as the market will continue to look at the consolidation as important. The Core PCE Price Index came out as expected, so perhaps this will be seen as positive.
Ernest Hoffman is a Crypto and Market Reporter for Kitco News. He has over 15 years of experience as a writer, editor, broadcaster and producer for media, educational and cultural organizations.
Neils Christensen has a diploma in journalism from Lethbridge College and has more than a decade of reporting experience working for news organizations throughout Canada. His experiences include covering territorial and federal politics in Nunavut, Canada.
In the near term, it is crucial for gold to hold above the $2,275 level to avoid a forced long-liquidation phase.
Gold prices have risen to $2,325, but the market watches closely to see if it can break the downward trendline.
Neils Christensen has a diploma in journalism from Lethbridge College and has more than a decade of reporting experience working for news organizations throughout Canada. His experiences include covering territorial and federal politics in Nunavut, Canada.
Gold remains in a downtrend correction, facing mixed signals as it tests resistance levels and shows potential for both bullish and bearish moves.