Gold Feeling Pressure April 15, 2019 As we start this short week, investors seemed to be focused on other things like the religious holidays and spring break which are right at our doorstep. Surprisingly, we find the spot price of Gold under pressure, even with a softening dollar index. Over the weekend, U.S. Secretary Mnuchin said U.S/China trade talks are in final stages, and that the extent of the agreement could surprise many. These kinds of statements keep investors focused on equities. According to the charts, the spot price of Gold must hold the $1,282.50 level in order for the bulls to feel comfortable that they hold the right cards. If not, the charts indicate that a selloff could occur bringing the price down to the next level of support at $1,260. This market pressure is just caused by a lack of news that would attract buyers back into the market. It’s just that simple. The good news from the U.S. Mint is that total sales for Gold Eagles in the first quarter of 2019 was up by 33.3% over last year. There is not much more to report on this quiet Monday morning. Have a wonderful Monday. Disclaimer: This editorial has been prepared by Walter Pehowich of Dillon Gage Metals for information and thought-provoking purposes only and does not purport to predict or forecast actual results. This editorial opinion is not to be construed as investment advice or as a recommendation regarding any particular security, commodity or course of action. Opinions expressed herein cannot be attributable to Dillon Gage. Reasonable people may disagree about the events discussed or opinions expressed herein. In the event any of the assumptions used herein do not come to fruition, results are likely to vary substantially. It is not a solicitation or advice to make any exchange in commodities, securities or other financial instruments. No part of this editorial may be reproduced in any manner, in whole or in part, without the prior written permission of Dillon Gage Metals. Dillon Gage Metals shall not have any liability for any damages of any kind whatsoever relating to this editorial. You should consult your advisers with respect to these areas. By posting this editorial, you acknowledge, understand and accept this disclaimer.