{"id":21671,"date":"2016-10-27T16:00:22","date_gmt":"2016-10-27T23:00:22","guid":{"rendered":"https:\/\/www.itmtrading.com\/blog\/?p=21671"},"modified":"2016-11-08T16:11:59","modified_gmt":"2016-11-08T23:11:59","slug":"mark-bullion-update-101-25","status":"publish","type":"post","link":"https:\/\/www.itmtrading.com\/blog\/mark-bullion-update-101-25\/","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>In the aftermath of gold\u00e2\u20ac\u2122s violent drop at the beginning of October, it has spent the last three weeks consolidating around its 200 day moving average.\u00c2\u00a0 Physical coin and bar demand in North America was robust for about a week after gold\u00e2\u20ac\u2122s drop under $1,300, but it has since slowed down materially.\u00c2\u00a0 With volatility falling, participants have grown quickly accustomed to these price levels and we need to see a break from this trading range in order to attract fresh interest.\u00c2\u00a0 The immediate upside target is the 200 day moving average at $1,272.\u00c2\u00a0 It has been challenged eight of the last fifteen trading days but hasn\u00e2\u20ac\u2122t been decisively broken.\u00c2\u00a0 To the downside, $1,240 is near term support.\u00c2\u00a0 Silver\u00e2\u20ac\u2122s 200 day moving average, currently at $17.40, held perfectly on two occasions as support earlier in the month.\u00c2\u00a0 This remains intact while offers will materialize around $18. \u00c2\u00a0<a href=\"\/buy-gold\"><span style=\"text-decoration: underline;\">The time for bargain gold may end soon!<\/span><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>In the aftermath of gold\u00e2\u20ac\u2122s violent drop at the beginning of October, it has spent the last three weeks consolidating around [&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":[1421,1422,1387,1406],"class_list":["post-21671","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog","tag-gold-prices","tag-gold-trading","tag-silver-prices","tag-silver-trading"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/posts\/21671","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=21671"}],"version-history":[{"count":4,"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/posts\/21671\/revisions"}],"predecessor-version":[{"id":21675,"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/posts\/21671\/revisions\/21675"}],"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=21671"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/categories?post=21671"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/tags?post=21671"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}