Euro Currency Break-Down? Commodity Bulls Hope Not!
The recent rally in the Euro currency (EURUSD) has drawn the attention of forex traders, macro investors, and the commodities market. The latter has...
Expect A Gold Bounce That Could Turn Into More
Gold bulls received a setback earlier this month when the price of gold poked beneath an important support level.
Despite this, we believe gold prices...
Commodities Nearing Important Time/Price Juncture!
The rise in commodities prices has investors (and consumers) concerned about inflation again, with bond prices falling and bond yields rising. It also has...
Is It Time To Be Bullish Gold? Fibonacci Retracements Analysis
Gold has had a rough six months, with the Gold ETF (GLD) dropping 20% since peaking in August 2020. While many consider gold to...
Is The Gold Bear Market Almost Over?
Gold's long drawn out sideways-to-lower consolidation recently gave way to a selloff.
Blame it on rising bond yields / interest rates, blame it on the...
Precious Metals Outlook: Is Gold Broken?
It is a reasonable question and certainly top of mind after the yellow metal (gold) has declined from just over $2,000/oz in early August...
Stock Market Reversal Give Bulls Renewed Energy
The major stock market indices held key price support levels late last week leading to a reversal higher into week's end. Stock market bulls...
CRB Commodities Index Testing Important Trend Line Resistance
The broad rally in commodities prices has been very strong, taking turns heating up various commodities along the way.
That said, the broad commodities Index,...
Stock Market Up-Trends In Place, But Patience Necessary
We have seen several "mixed" trading days over the past two weeks. Bull market up-trends remain in place on the major stock market indices,...
Gold Futures In Weak Position; $1700 Important
Gold has struggled to get anything more than a short-term rally off the recent MOB support band in the $1780 area.
We have price declining...
