Financial Markets Trading Update: 5 Charts To Watch
Traders returned on Wednesday to see fractional gains in across the various global equites markets.
Domestically, trends remain very much neutral for the S&P 500...
Chart Spotlight: Gold / U.S. Dollar Ratio Near BIG Level
Gold bugs are beginning to stir, and for good reason. 2017 has seen domestic and geo-political tensions escalate along with a pullback in the U.S. Dollar.
BUT,...
The COT Report: 3 Charts For Commodities Traders (June 2)
The following are non-commercial futures trading positions as of May 30, 2017.
Note that the data were released in the June 2 COT Report (Commitment of...
Gold Trading Indicator Nears First Bullish Message In 6 Years
During the past 6 years, Gold bugs have seen opportunities come and go in a struggle to recoup the gold bull market magic of a decade...
3 Reasons Why I’m Neutral On Gold Prices
The iShares Gold Trust (NYSEARCA:GLD) continues to oscillate around its flattish 200-day average, frustrating bulls and bear alike.
Gold prices and the Gold ETF (GLD) are most...
Currency Market “Shift” At Play? US Dollar Breaking Key Support
The US Dollar (CURRENCY:USD) has shown strength versus the Euro (CURRENCY:EUR) since 2008, with the "meat" of that strength coming in the last 3 to...
Gold (GLD) Trading Update: Failed Breakout Creates Headwind
The iShares Gold Trust (GLD) breakout failed and its price is back below the flattish 200-day average. This is not all that surprising, though.
And...
The COT Report: Gold, Crude Oil Rally But Data Mixed
The following is a recap of the recent Commitment of Traders Report (COT) released by the CFTC (Commodity Futures Trading Commission) looking at Commitment...
Trading Spotlight: Junior Gold Miners (GDXJ) Rally
The Junior Gold Miners ETF (NYSEARCA:GDXJ) have taken their lumps over the past 3 months. The ride has been volatile and included a couple...
Gold Bugs: Keep An Eye On The Shadow Fed Funds Rate
This week I thought I would focus on a particularly interesting chart for the outlook for the gold price. I think it is particularly...