{"id":18109,"date":"2015-04-09T17:00:18","date_gmt":"2015-04-10T00:00:18","guid":{"rendered":"http:\/\/www.itmtrading.com\/?p=18109"},"modified":"2015-04-15T08:51:09","modified_gmt":"2015-04-15T15:51:09","slug":"a-mark-bullion-update-24","status":"publish","type":"post","link":"https:\/\/www.itmtrading.com\/blog\/a-mark-bullion-update-24\/","title":{"rendered":"A-Mark Bullion Update"},"content":{"rendered":"

\"A-Mark-Precious-Metals-Inc\"Gold\u00e2\u20ac\u2122s bullish reaction on the Sunday open to Good Friday\u00e2\u20ac\u2122s disappointing non-farm payrolls figures seems like a distant afterthought now.\u00c2\u00a0 Gold failed to break through the triple top at $1,224 on Monday and has now sold off for three consecutive trading sessions.\u00c2\u00a0 The Fed minutes were largely interpreted as bearish by gold investors this week.\u00c2\u00a0 It showed that members are divided on the timing of a rate rise with a few wanting an increase in June.\u00c2\u00a0 The USD has continued its March higher this week which is weighing on the precious metals complex.\u00c2\u00a0 Over the past three weeks, the euro has tested and failed at the 1.10 area on six separate occasions.\u00c2\u00a0 Its latest failure this week encouraged short sellers to add to positions and it looks poised to retest 1.05, a level that before a few weeks ago it hadn\u00e2\u20ac\u2122t touched since 2003.\u00c2\u00a0 Gold is looking heavy and doesn\u00e2\u20ac\u2122t have much technical support until $1,180.\u00c2\u00a0 Silver has rolled over with gold and is down today for the fourth consecutive session.\u00c2\u00a0 The psychological area of $16 may provide short term support.<\/p>\n","protected":false},"excerpt":{"rendered":"

Gold\u00e2\u20ac\u2122s bullish reaction on the Sunday open to Good Friday\u00e2\u20ac\u2122s disappointing non-farm payrolls figures seems like a distant afterthought now.\u00c2\u00a0 Gold […]<\/p>\n","protected":false},"author":6,"featured_media":17083,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1207],"tags":[27,53,125],"class_list":["post-18109","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog","tag-american-economy","tag-federal-reserve","tag-u-s-dollar"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/posts\/18109","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/comments?post=18109"}],"version-history":[{"count":2,"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/posts\/18109\/revisions"}],"predecessor-version":[{"id":18111,"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/posts\/18109\/revisions\/18111"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/media\/17083"}],"wp:attachment":[{"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/media?parent=18109"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/categories?post=18109"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/tags?post=18109"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}