{"id":22375,"date":"2017-02-22T16:42:47","date_gmt":"2017-02-22T23:42:47","guid":{"rendered":"https:\/\/www.itmtrading.com\/blog\/?p=22375"},"modified":"2017-03-01T08:23:55","modified_gmt":"2017-03-01T15:23:55","slug":"mark-bullion-update-6","status":"publish","type":"post","link":"https:\/\/www.itmtrading.com\/blog\/mark-bullion-update-6\/","title":{"rendered":"A-Mark Bullion Update"},"content":{"rendered":"

\"\"<\/a>2.22.2017 After the long weekend in the US, the Dow Jones made all-times yet again, the USD moved higher, and gold somehow managed to hold onto its footing fairly well.\u00c2\u00a0 Commodity Futures Trading Commission (CFTC) data showed on Friday that speculative net Comex longs in gold fell by 9%.\u00c2\u00a0 This reduced bullish positions to a four week low but positions are still up about 50% since the beginning of 2017, a reflection on gold\u00e2\u20ac\u2122s strong performance so far this year.\u00c2\u00a0 Gold ETF figures also declined by about 165,000 toz on Friday, the first time in February there have been redemptions.\u00c2\u00a0 With gold already being up about 8% this year, it is not surprising to see longs in Comex and the ETFs take some profits and remove chips off the table.\u00c2\u00a0 Support for gold is coming in at the 100 day moving average of $1,214.50 (the 100 DMA has held three separate times in the last two weeks) and resistance is at the triple top of $1,245.<\/p>\n

Looking for rarer gold coins? look here!<\/a><\/h3>\n","protected":false},"excerpt":{"rendered":"

2.22.2017 After the long weekend in the US, the Dow Jones made all-times yet again, the USD moved higher, and 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":[50,1421,1422,124],"class_list":["post-22375","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog","tag-etfs","tag-gold-prices","tag-gold-trading","tag-us-dollar"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/posts\/22375","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=22375"}],"version-history":[{"count":4,"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/posts\/22375\/revisions"}],"predecessor-version":[{"id":22403,"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/posts\/22375\/revisions\/22403"}],"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=22375"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/categories?post=22375"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/tags?post=22375"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}