Gold Price Approaches 200-Day SMA for First Time Since February
2021-05-10 14:00:00
David Song,
Strategist
Gold Price Talking Points
The price of gold extends the series of higher highs and lows from the previous week even though the 10-Year US Treasury yield retraces the decline following the US Non-Farm Payrolls (NFP) report, and looming developments in the Relative Strength Index (RSI) may indicate higher gold prices if the oscillator breaks above 70 and pushes into overbought territory.
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Gold Price Approaches 200-Day SMA for First Time Since February
The price of gold appears to be on track to test the 200-Day SMA ($1851) for the first time since February after establishing a double-bottom formation in March, and the precious metal may continue to recoup the losses from the start of the year as long as longer-dated US Treasury yields remain under pressure.
Governor Jim Justice has signed Senate Bill 275, which includes the West Virginia Appellate Reorganization Act of 2021. The Act creates the framework for an Intermediate Court of.
For The Inter-Mountain
Senate Finance Committee Chairman Eric Tarr, R-Putnam; Senate President Craig Blair, R-Berkeley; Senate Judiciary Committee Chairman Charles Trump, R-Morgan; and Senate Majority Leader Tom Takubo, R-Kanawha; look on as Gov. Jim Justice signs a bill creating the stateâs first intermediate court of appeals.
CHARLESTON After more than 20 years of recommendations and attempts, West Virginia is finally getting an intermediate court of appeals.
Gov. Jim Justice formally signed Senate Bill 275 creating the West Virginia Appellate Reorganization Act, according to a letter sent to the Senate Thursday. Justice held a ceremonial bill signing for SB 275 Friday at the Capitol in Charleston along with legislative leaders and justices of the West Virginia Supreme Court of Appeals.
STEVEN ALLEN ADAMS Staff writer
Photo Courtesy/WV Governor’s Office
APPEALS COURT Senate Finance Committee Chairman Eric Tarr, R-Putnam; Senate President Craig Blair, R-Berkeley; Senate Judiciary Committee Chairman Charles Trump, R-Morgan; and Senate Majority Leader Tom Takubo, R-Kanawha; look on as Gov. Jim Justice signs a bill creating the state’s first intermediate court of appeals.
CHARLESTON After more than 20 years of recommendations and attempts, West Virginia is getting an intermediate court of appeals.
Gov. Jim Justice formally signed Senate Bill 275 creating the West Virginia Appellate Reorganization Act, according to a letter sent to the Senate Thursday. Justice held a ceremonial bill signing for SB 275 Friday at the Capitol in Charleston along with legislative leaders and justices of the West Virginia Supreme Court of Appeals.
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