While risk assets gained and the U.S. dollar slid, crude oil continues mired in a bearish market.
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So I am looking for strong fundamentals in a bearish market, because even if the market does fall and my stock does fall, I know it is not going to fall through the floor.
The stronger greenback Friday is a bearish outside market force for the precious metals.
The firmer greenback Monday is a bearish outside market force for the precious metals.
Meantime, Nymex crude oil futures prices were weaker Tuesday, and that was a mildly bearish outside market force for the precious metals.
March silver futures bulls faded Friday as the market saw a bearish weekly low close.
The U.S. dollar index was firmer Thursday and that also was a bit bearish for the gold market Thursday.
Such has also been a bearish drag on the gold market recently.
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The key outside markets were in a bearish posture for the copper market today as the U.S. dollar index was sharply higher and crude oil prices were lower.
The key outside markets were in a bearish posture for the copper market as the U.S. dollar index was sharply higher and crude oil prices were solidly lower.
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The key outside markets were in a bearish posture for the silver market today as the U.S. dollar index was sharply higher and crude oil prices were solidly lower.
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While the stronger greenback recently has been a bearish factor for the gold market, it can be argued the yellow metal has held up surprisingly well given the persistent strength of the dollar.
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However, what was a bit bearish for the gold market and other raw commodity markets is that the Fed said it is aware of the costs of a very easy U.S. money policy and that it will be keeping a very close eye on U.S. economic growth progress.
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However, what was just a bit bearish for the gold market and other raw commodity markets is that the Fed said it is aware of the costs of a very easy U.S. money policy and that it will be keeping a very close eye on U.S. economic growth progress.
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The bearish fund, fighting a bull market for junk, is off 4% so far this year.
At the moment, the stronger U.S. dollar index is a major bearish factor for the gold market.
At the moment, the stronger U.S. dollar index is a significantly bearish factor for the gold market.
Further weakening in the crude oil market would be a bearish development for gold and the rest of the raw commodity sector.
While this situation is not unexpected, it has cast a bit of a bearish pall over most of the market place early this week.
The U.S. dollar index moving off its daily low and poking above unchanged was also a modestly bearish influence on the gold market Wednesday.
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Fears that a world economic slowdown is in progress amid the EU debt crisis have been a bearish weight on the crude oil market recently.
There are presently fears a world economic slowdown is in progress amid the EU debt crisis, which have been a bearish weight on the crude oil market recently.
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What would end this bearish market call is a Dow Theory Buy Signal, which is defined as follows: A Dow Theory Buy Signal will be confirmed if the Dow Transports close above its May 3rd high at 4, 806.1, and the Dow Industrials close above its April 26th closing high at 11, 205.03.
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The market place got a mildly bearish read on fresh manufacturing data coming out of China Friday.
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Gold is under mild selling pressure Wednesday on the bearish outside market forces of a firmer U.S. dollar index and steady to weaker crude oil prices.
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There are two sides to every trade: For every manic speculator buying into "bubbly" markets with visions of brilliant returns, there's a bearish seller looking to exit that same market.
What started as caution turned into a bearish slant by early April as the market formed a head and shoulders top pattern, a pattern that usually marks the top of a major inbound move and can lead to significant downside.
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While it may appear the gold market sometimes reacts in a bearish fashion to any flare-up in the EU debt crisis on a day-to-day basis, by following other commodity markets lower, the overall EU debt and financial crisis is a major underlying bullish fundamental for the safe-haven asset gold.
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While it may appear the gold market sometimes reacts in a bearish fashion to any flare-up in the EU debt crisis on a day-to-day basis, by following other commodity markets lower, it can be argued the overall EU debt and financial crisis is a major underlying bullish fundamental for the safe-haven asset gold.
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However, if the U.S. stock indexes can stabilize and begin to trade at least sideways in the near term, that would be a calming factor in the market place and would likely be a bit near-term bearish for gold.
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