Tag: gold
Gold Prices Break Out But Overhead Resistance Looms
The chart below looks at non-commercial futures trading positions for Gold (NYSEARCA: GLD). For the week Gold closed higher by +1.4%, breaking out above key...
Will King Dollar Squash Precious Metals Rally Hopes Again?
The precious metals sector simply cannot by a break.
Since peaking, gold bugs have had several rally attempts squashed. And many of them due to...
Market Futures Trading Update (October 2): Price Stagnation
After a pop yesterday morning, stock market futures have trailed off.
Tuesday morning is seeing more of the same with the S&P 500 and Nasdaq...
Stock Market Futures Trading Update: Bulls Rush In
Stock market futures are bouncing off key price support levels from Friday.
News hit the wires this weekend that a NAFTA deal with Canada is...
Stock Market Update: End Of Quarter To Bring Fireworks
It's the end of the week, month and quarter for the stock market (and traders).
As I look across the charts for the S&P 500,...
Is The Metals & Mining Sector Rally Overdone?
The precious metals space has shown particular weakness over the past few months.
That said, precious metals prices have been trading sideways for a month...
Stock Market Futures Outlook: Traders Wait for the Fed
Traders are restless as they wait for the Federal Reserve.
This means that while the stock market may be light on volume this morning, there...
Gold ETF (GLD): Is A Bollinger Bands Squeeze Nearing?
Bollinger Bands are an excellent technical indicator for traders to keep an eye on.
And right now, they are signaling a potential options trade on...
Are Gold Prices Consolidating For A Reversal Higher?
The chart and data that follow highlight non-commercial commodity futures trading positions as of September 11, 2018. This data was released with the September 14,...
US Dollar / Gold Ratio Undergoing A Critical Test!
In addition to watching the price of a specific asset, it's important to monitor other indicators as well.
For precious metals and gold bugs, the...
