Geopolitical support may come into play as well.
Seasonal and technical tendencies suggest firmer price action into next year.
Too many gold miners and oil/energy companies have too much debt.
The rest of the base-metals sector is also under siege.
This trade has been closed. My profit/target gain were hit.

Gold Traders See the Exit Sign Real Money Pro($)

After Fed announcement, gold takes a dive in a short span of time.
Soon, all of the traders currently short the market will want to lock in profits.
Producers focus on cutting costs and rationalizing high-cost production.
Measuring the Chinese rate cut's impact on commodities.
The arrow in the price chart points to a bullish engulfing pattern, which is a bottom reversal signal. 


News Breaks

Powered by


Except as otherwise indicated, quotes are delayed. Quotes delayed at least 20 minutes for all exchanges. Market Data provided by Interactive Data. Company fundamental data provided by Morningstar. Earnings and ratings provided by Zacks. Mutual fund data provided by Valueline. ETF data provided by Lipper. Powered and implemented by Interactive Data Managed Solutions.

TheStreet Ratings updates stock ratings daily. However, if no rating change occurs, the data on this page does not update. The data does update after 90 days if no rating change occurs within that time period.

IDC calculates the Market Cap for the basic symbol to include common shares only. Year-to-date mutual fund returns are calculated on a monthly basis by Value Line and posted mid-month.