{"id":22227,"date":"2017-01-27T15:00:59","date_gmt":"2017-01-27T22:00:59","guid":{"rendered":"https:\/\/www.itmtrading.com\/blog\/?p=22227"},"modified":"2017-02-02T16:57:44","modified_gmt":"2017-02-02T23:57:44","slug":"mark-bullion-update-101-34","status":"publish","type":"post","link":"https:\/\/www.itmtrading.com\/blog\/mark-bullion-update-101-34\/","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>1.27.2017 After failing at $1,220 on four separate days in the last week and a half, gold gave up on pushing higher and has now traded lower for three consecutive days.\u00c2\u00a0 Unsurprisingly, gold\u00e2\u20ac\u2122s move south coincided with the USD gaining ground and with the Dow pressing above 20,000 for the first time ever.\u00c2\u00a0 The bevy of contentious headlines being made at the start of Trump\u00e2\u20ac\u2122s presidency are offering little in the way of safe haven bids for gold thus far.\u00c2\u00a0 The short term driver of the yellow metal is clearly the USD and US equities.\u00c2\u00a0 With the Chinese off for a week starting this Saturday in celebration of the Chinese New Year, physical demand out of Asia should drop significantly and gold may succumb to further losses.\u00c2\u00a0 The next support area to watch for in gold is the 50 day moving average at $1,176 while rallies will be sold into ahead of $1,200.<\/p>\n<p style=\"text-align: right;\"><a href=\"\/american-gold-eagle-1\"><span style=\"text-decoration: underline;\"><strong>Buy America&#8217;s Favorite Gold Bullion Coin &gt;&gt;<\/strong><\/span><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>1.27.2017 After failing at $1,220 on four separate days in the last week and a half, gold gave up on pushing [&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":[1421,1422,124],"class_list":["post-22227","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog","tag-gold-prices","tag-gold-trading","tag-us-dollar"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/posts\/22227","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=22227"}],"version-history":[{"count":3,"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/posts\/22227\/revisions"}],"predecessor-version":[{"id":22231,"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/posts\/22227\/revisions\/22231"}],"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=22227"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/categories?post=22227"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/tags?post=22227"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}