Forex News: Gold Price June 17 2017 (15)

Air Jordan Release Dates 2017

GOLD PRICES have jumped this week – and could go higher – after the dollar weakened amid lower expectations of rapidly rising US interest rates, sad experts. Another popular ETF frequently monitored by the gold bugs is the VanEck Vectors Junior Gold Miners ETF ( GDXJ ). This fund is comprised of many promising early-stage gold mining companies, and as you can see below, the triangle pattern is also forming on the chart.

Ritter Pharmaceuticals Inc ( RTTR ) (January pick) continues to fill out a broad ascending triangle pattern, with resistance at $3.25. The stock came public in June 2015 in a 4-million share IPO that opened at $5.00. It immediately entered a steep downtrend, reaching an all-time low at 98-cents in February 2016.

As the daily chart highlights, not only did the price of silver recover from lows below $17.75 per ounce, it has rallied to a new high for 2017 at $18.605 on Thursday, April 13. The slow stochastic, a momentum indicator, and the relative strength index both have risen to overbought territory, but the trend in silver remains higher.

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