{"id":20440,"date":"2016-05-10T14:24:56","date_gmt":"2016-05-10T21:24:56","guid":{"rendered":"https:\/\/www.itmtrading.com\/blog\/?p=20440"},"modified":"2016-05-17T17:01:55","modified_gmt":"2016-05-18T00:01:55","slug":"mark-bullion-update-101-4","status":"publish","type":"post","link":"https:\/\/www.itmtrading.com\/blog\/mark-bullion-update-101-4\/","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>May 10, 2016. US non-farm payrolls disappointed on Friday of last week, adding just 160,000 jobs in the month of April.\u00c2\u00a0 This was the worst figure since October of last year and well below the consensus estimate of 200,000.\u00c2\u00a0 Despite the economic release, the USD shrugged off the news and the USD index is now up for the sixth day in a row.\u00c2\u00a0 USD strength weighed on gold over the weekend and Asia entered the market as a seller on Sunday evening.\u00c2\u00a0 <a href=\"\/buy-gold\"><span style=\"text-decoration: underline;\"><em><strong>Gold<\/strong><\/em><\/span><\/a> had its biggest single down day yesterday in nearly two months and closed near the lows of the day.\u00c2\u00a0 The overall sentiment has now turned short term bearish after failing multiple times at $1,300.\u00c2\u00a0 Major support is coming in at the 50 day moving average of $1,248.50 while rallies will likely be sold into.\u00c2\u00a0 Silver failed at $18 and has sold off steadily over the past week.\u00c2\u00a0 Just as it did on the run up, it will look to consolidate around $17 again in the near term.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>May 10, 2016. US non-farm payrolls disappointed on Friday of last week, adding just 160,000 jobs in the month of April.\u00c2\u00a0 [&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":[1422,124,1406],"class_list":["post-20440","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog","tag-gold-trading","tag-us-dollar","tag-silver-trading"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/posts\/20440","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=20440"}],"version-history":[{"count":4,"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/posts\/20440\/revisions"}],"predecessor-version":[{"id":20444,"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/posts\/20440\/revisions\/20444"}],"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=20440"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/categories?post=20440"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/tags?post=20440"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}