Intraday Market Thoughts
Archived IMT (2009.02.17)
by
Feb 17, 2009 9:18
Gold hits a fresh 7-month high at $962 and a new all time high vs GBP and EUR. Against the yen, gold is at 2-month high of 88,348, nearly breaching the 61.8% retracement of the move from the July record high to the October low. Japanese investors will undoubtedly target the 90,000 mark, which will fuel the metal in other currencies. The upcoming UK inflation figures are also expected to further boost the metal, and could call up the $1.4080 target for cable.
Latest IMTs
-
Yield Shield Peeled
by Adam Button | Feb 25, 2021 22:26
-
Yields Hit Nasdaq, Bitcoin Pre-Powell
by Adam Button | Feb 23, 2021 14:35
-
Yields Fly, Industrial Metals Follow, not Gold or Silver
by Adam Button | Feb 19, 2021 19:29
-
Tempting Charts & Positive Conflicts
by Adam Button | Feb 18, 2021 19:02
-
مقابلتي مع العريية حول هذا و ذاك
by Ashraf Laidi | Feb 18, 2021 18:52