The U.S. dollar index traded lower Tuesday on a corrective pullback from recent gains.
The U.S. dollar index trading near steady Thursday on a corrective pullback from recent gains.
The U.S. dollar index was slightly lower Monday on a corrective pullback from recent gains.
The U.S. dollar index traded weaker Wednesday, on a corrective pullback from recent gains.
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The U.S. dollar index is trading weaker Tuesday, on a corrective pullback from recent gains.
FORBES: Comex Gold Sharply Lower as Investor Risk Appetite Sees Uptick Wednesday
The market is seeing a corrective, profit-taking pullback from recent price gains, which is not surprising.
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Technically, December gold futures prices early this week are seeing a corrective pullback from recent gains.
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The U.S. dollar index traded lower again Tuesday, on more of a corrective pullback from recent gains.
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The U.S. dollar index is weaker Wednesday, on a corrective pullback from solid gains scored Monday and Tuesday.
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Meantime, Nymex crude oil prices were solidly lower Wednesday on a corrective pullback from big gains posted Tuesday.
Prices closed nearer the session low and saw a corrective pullback from very strong gains posted on Wednesday.
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The U.S. dollar index is trading steady to weaker Thursday morning on a corrective pullback from recent gains.
FORBES: Comex Gold Slightly Lower as Markets Try to Stabilize
The U.S. dollar index was slightly lower Wednesday on a corrective pullback from solid gains scored Monday and Tuesday.
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The U.S. dollar index is trading lower again Tuesday morning, on more of a corrective pullback from recent gains.
Technically, February gold futures prices closed nearer the session low Thursday and saw a corrective pullback from recent gains.
FORBES: Comex Gold Ends Weaker On Corrective Pullback, Consolidation
Meantime, Nymex crude oil prices are trading lower Wednesday morning on a corrective pullback from solid gains posted Tuesday.
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The U.S. dollar index was weaker Thursday on more of a corrective pullback from solid gains scored earlier this week.
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Meantime, Nymex crude oil prices are trading slightly lower Tuesday morning, on a corrective pullback from solid gains posted Monday.
FORBES: A.M. Kitco Metals Roundup: Comex Gold Weaker on Corrective Pullback from Monday's Gains
Other discount retailers that have begun to pullback from recent highs include Family Dollar (FDO) and Dollar Tree (DLTR).
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Meantime, Nymex crude oil futures prices are weaker early Friday, on a corrective pullback from strong gains seen Wednesday and Thursday.
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The U.S. stock indexes are trading weaker in the early going Wednesday, on a corrective pullback from solid gains scored Tuesday.
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Technically, December gold futures prices closed near the session low Tuesday on a technical, corrective and consolidative pullback from solid gains posted Monday.
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March silver futures prices closed nearer the session low Tuesday on a corrective pullback from recent gains that saw prices Monday hit a six-week high.
FORBES: Comex Gold Ends Weaker On Profit-Taking, Corrective Technical Pullback
Some analysts attributed the decline to a pullback from the gains over mid-September lows and concerns that prices were running hotter than corporate earnings prospects.
The U.S. dollar index is weaker Thursday morning, on a corrective pullback from strong gains Wednesday that did give the greenback bulls upside near-term technical momentum.
FORBES: A.M. Kitco Metals Roundup: Comex Gold Higher as Prices Recover from Asian Sell Off
Technically, June gold futures prices closed near mid-range Tuesday and saw some consolidation and a corrective pullback from the surge in prices in late trading Monday.
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The U.S. dollar index was lower Thursday, on a corrective pullback from strong gains seen Wednesday that did give the greenback bulls some upside near-term technical momentum.
Technically, June gold futures prices closed nearer the session low Monday and saw a corrective pullback from recent solid gains that on Friday produced a bullish weekly high close.
The company expects sales to chip foundries to be down more than 50% sequentially in the October quarter, with a 35%-40% pullback from memory customers, and a better than 20% drop in demand from logic customers.
FORBES: Applied Materials CFO Says Outlook Hit By Macro Issues
While some traders may find that even the mere idea of looking for shorts in this market environment is a dangerous pursuit, I would argue that this tape is indeed ripe for a pullback from these levels.
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