From Investing.com: 2025-01-28 12:18:00

Yesterday’s market action saw a normal pullback from cash market highs, disappointing but expected. Gold, silver, and mine stock investors face a big week with key reports and events. Downside pressure on gold price likely, but potential significant news in play. A post hints at major news since 1933 gold confiscation. Treasury Secretary Scott Bessent could be key. Gold chart shows potential pullback before rallying to at least $3000. Dollar strength expected short-term, then likely to decline. US rates chart indicates potential upward pressure on prices and a gold revaluation. Gold superior to Bitcoin as money, Scott understands this. East values gold, West should focus on accumulating gold over fiat profits. Key chart shows importance of acquiring more gold. Weekly chart suggests buying opportunities for gold and silver. Miners chart shows potential rally to $43 highs. Rising interest rates likely to boost gold and silver stocks as stock market faces decline. GDX chart signals strong buy for gold and silver investors.



Read more at Investing.com: Fed Meeting and GDP Report: How Will They Shape Gold’s Path?