Dollar slides with Gold trades higher

US$ is down 28.7 points with the trade at 79.430 close to its current bottom of 79.370,  Treasuries are reversed with the shorter term higher and the bonds lower.   Energy sector is steady with Crude Oil trading at $102.90 up 63 cents which supports the rest of the sectors pricing.   Gold is up $3.50 with the trade at $1,644.90 down from its high of $1,647.70,  Silver is flat at $31.780 inside a tight trading range compared to this past week.   Grains are mostly higher with Wheat the exception,  Softs/Meats are mixed,  the Paper Markets have strong support again from overseas buyers in another week of forced suppression in precious metals and major support in all things paper … enjoy your weekend and as always … Stay Strong!!

JB Slear
Fort Wealth Trading Co LLC.
866-443-0868 Ext 104
817-717-5489
Fax: 817-764-2537
www.FortWealth.com

Don’t risk what you cannot afford to lose….

This entry was posted in Trading Notes. Bookmark the permalink.

Comments are closed.