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Stimuluscheck

GOLD: Keepin' it RealWhat would you do? There seems to be heavy resistance at 18.50 and no real exciting support until 16.50. The previous stimulus checks don't seem to have really moved the price of gold. Where's the inflation? Normalized by DXY:
AMEX:IAU
by Electrified
What's that noise? IT'S GOLDIf you have not noticed and looked at the gold market price recently, let me tell you it is all over the place. The U.S dollar is getting stronger and a likely Biden stimulus could make things only make things look more bearish for the yellow metal. I am currently seeing some bullish price action in the gold price but the fundamentals causes uncertainty in me. Price yesterday the 14th found support at the $1930 level and has not touched that specific level again, but is ranging between $1836 and $1852. A break above the $1880 level would lead me to believe that there is a bullish trend emerging and a break below the $1810 level would cause me to think that maybe price could go all the way down to the $1770 level.
TVC:GOLD
by Trade_with_H

Select market data provided by ICE Data Services. Select reference data provided by FactSet. Copyright © 2025 FactSet Research Systems Inc.Copyright © 2025, American Bankers Association. CUSIP Database provided by FactSet Research Systems Inc. All rights reserved. SEC fillings and other documents provided by Quartr.© 2025 TradingView, Inc.

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