{"id":20340,"date":"2016-04-26T14:13:12","date_gmt":"2016-04-26T21:13:12","guid":{"rendered":"https:\/\/www.itmtrading.com\/blog\/?p=20340"},"modified":"2016-04-29T10:43:40","modified_gmt":"2016-04-29T17:43:40","slug":"a-mark-bullion-update-100","status":"publish","type":"post","link":"https:\/\/www.itmtrading.com\/blog\/a-mark-bullion-update-100\/","title":{"rendered":"A-Mark Bullion Update"},"content":{"rendered":"<p><a href=\"https:\/\/www.itmtrading.com\/blog\/wp-content\/uploads\/2014\/09\/A-Mark-Precious-Metals-Inc.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-17084 alignright\" src=\"https:\/\/www.itmtrading.com\/blog\/wp-content\/uploads\/2014\/09\/A-Mark-Precious-Metals-Inc.jpg\" alt=\"A-Mark-Precious-Metals-Inc\" width=\"206\" height=\"71\" srcset=\"https:\/\/www.itmtrading.com\/blog\/wp-content\/uploads\/2014\/09\/A-Mark-Precious-Metals-Inc.jpg 206w, https:\/\/www.itmtrading.com\/blog\/wp-content\/uploads\/2014\/09\/A-Mark-Precious-Metals-Inc-60x20.jpg 60w, https:\/\/www.itmtrading.com\/blog\/wp-content\/uploads\/2014\/09\/A-Mark-Precious-Metals-Inc-135x46.jpg 135w\" sizes=\"auto, (max-width: 206px) 100vw, 206px\" \/><\/a>April 27. 2016. Gold came into the US session today feeling heavy and looking like it would break below support at $1,230, the fourth point on a trendline dating back to mid-January.\u00c2\u00a0 It was given a lifeline by weaker than expected US economic data and was able to catch bids to reverse its course though.\u00c2\u00a0 US durable goods disappointed, coming in at .80% for the month of March versus the consensus of 1.9% by economists.\u00c2\u00a0 The USD fell to session lows against the euro while gold quickly rallied to above $1,240.\u00c2\u00a0 Silver has held its ground on gold\u00e2\u20ac\u2122s moves lower recently and continues to consolidate impressively around $17. Today, silver finished above $17 for the fourth time in the last five trading sessions and closed on the highs of the day.<\/p>\n<p>Traders will likely keep positions lean ahead of the FOMC tomorrow.\u00c2\u00a0 The FOMC statement begins at 11 AM PST.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>April 27. 2016. Gold came into the US session today feeling heavy and looking like it would break below support at [&hellip;]<\/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":[53,1422,1406],"class_list":["post-20340","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog","tag-federal-reserve","tag-gold-trading","tag-silver-trading"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/posts\/20340","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=20340"}],"version-history":[{"count":4,"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/posts\/20340\/revisions"}],"predecessor-version":[{"id":20344,"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/posts\/20340\/revisions\/20344"}],"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=20340"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/categories?post=20340"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/tags?post=20340"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}