Gold And Silver Weekly Outlook For April 23-27 - Seeking Alpha

Last week's slow paced movement of bullion might change direction in the upcoming week as the FOMC meeting will be held on Wednesday and may sharply affect the direction of bullion. Here is a short overview and an outlook for the week of April 23rd to 27th; in this analysis I use fundamental analysis to examine how the upcoming events, decisions and financial reports may affect the direction of gold and consequently also SPDR Gold Trust (GLD).

Gold moderately declined during last week by 1.05%. Silver slightly rose on a weekly scale by 1.05%. Furthermore, during last week the GLD ETF also edged down by 0.82% and reached on April 20th 159.54.

Gold And Silver Weekly Outlook For April 23-27 - Seeking Alpha