Tag "gold prices"

Gold / U.S. Dollar Ratio Racing To A Near-Term Peak?

Two of 2017’s major investing themes thus far are the return of Gold (NYSEARCA:GLD) and the prolonged weakness in the U.S. Dollar (CURRENCY:USD). Year-to-date, Gold is up 15.72% while the U.S. Dollar is down 9.57%.  This follows a multi-year decline in Gold and a multi-year rise in the Dollar. The…

Investor Alert: Gold Is The New VIX

  August may be known as the month of Volatility, but September is regarded as the the worst month for stocks. Simply put, August may have the biggest, unexpected volatility spikes from a place of complacency, but September has the largest draw-downs in equities, historically. So what’s at stake, or should…

Is Silver Price Confirming Gold Sentiment?

Earlier this week market participants were exposed to some after hour fireworks – North Korea had launched a missile over Japan. As expected, gold prices caught a bid and stock index futures pulled back. The following day there was sentiment among many social media participants that “the Gold bull market…

Is This Gold Breakout For Real: Watch The Japenese Yen!

There’s been a lot of discussion recently of the breakout in gold prices. The yellow metal had been trading in a range for the last several months, seeing resistance just under $1,300/oz and support at $1,220/oz. While I do believe the breakout is encouraging and does align with seasonality for…

Market Update: Gold Hits New Highs For The Year

U.S. Equities are attempting to stabilize this morning after a big downdraft yesterday. Meanwhile, European equities are playing catchup. The metals are jumping this morning with big pops in Iron Ore, Gold, and Silver. Gold prices (NYSEARCA:GLD) should find some resistance here – cash resistance is around $1310. The near-term…

Stocks Head Lower: 3 Charts I’m Watching

We are seeing a continuation of yesterday’s reversal in equities. And after the first signs of a meaningful pullback from highs yesterday, a flight towards safety and safe havens looks to have begun. This is evident with the rallies in Gold (NYSEARCA:GLD) and Treasury Bonds. Also notable in the price…

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, gold prices have yet to record a convincing breakout and still remain in a bear market. Below is a chart that gold bugs and gold…

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 Traders). Below are 3 charts of futures trading positions for commodities traders, including Crude Oil, Gold, and the US Dollar. Crude oil: Currently net long 434.8k,…

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 likely being held hostage by the action in Treasuries and the U.S. Dollar. Treasuries via TLT (NASDAQ:TLT) have rebounded after what looked like a false…