Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Commentary: Nothing new. PE Gold at 1276.30 seeing 1st support on the 3-Day lines and candles. If it holds, may see a bounce towards 1300, barring that an indication of medium term Bearishness may be triggered on a fall below 1270, then a test to […]

GOLD 1 OZ (XAU=X) Can’t Escape Raw Commodity Downdraft

GOLD 1 OZ (XAU=X) Can’t Escape Raw Commodity Downdraft

GOLD 1 OZ (XAU=X) Can’t Escape Raw Commodity Downdraft Technically, gold bears have the overall near-term technical advantage and have re-established a price downtrend on the daily bar chart. Gold bulls’ next upside near-term price breakout objective is to produce a close in August futures above solid resistance at $1,300.00. Bears’ next near-term downside price […]

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Commentary: Nothing new. PE Gold at 1283.51 if the precious Yellow metal falls below 1275-1270 could open a test to 1250/40, but now seeing some neutral movement near current marks. ICE Brent Crude at 74.99, and NYMEX WTI Crude at 65.99 both recovered a bit from […]

Looking at the DJIA Vs Gold and Silver Long Term

Looking at the DJIA Vs Gold and Silver Long Term

Looking at the DJIA Vs Gold and Silver Long Term $DIA, $GLD, $SLV, $MTAFF It is time to reduce exposure to Wall Street and shift the proceeds into Gold, Silver, the precious metals mining companies and the royalty streamers. Let us have a look at the 21st Century Bear markets. The high-tech dot.com bubble ultimately deflated […]

GOLD 1 OZ (XAU=X) Gold Bulls Capitulate

GOLD 1 OZ (XAU=X) Gold Bulls Capitulate

GOLD 1 OZ (XAU=X) Gold Bulls Capitulate After the Fed gave a more hawkish perspective on Wednesday, followed by the ECB announcement on Thursday that it would be year-end before they were looking to tighten, forex traders aggressively bought the dollar. There was a delayed reaction until Friday, but metals traders having initially disregarded the […]

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Commentary: Commodities look weak. PE Gold at 1279.80 broken 1st support at 1280, if it hold, then the precious Yellow metal can break below 1275, them 1260-1250 opens up on the Southside medium term. Silver at 16.49 has fallen and could head to 16.25-16.00 […]

GOLD 1 OZ (XAU=X) Downside Risks Persist After Friday Sell-Off

GOLD 1 OZ (XAU=X) Downside Risks Persist After Friday Sell-Off

GOLD 1 OZ (XAU=X) Downside Risks Persist After Friday Sell-Off Gold was again confined to relatively narrow ranges during the first half of the week, although the limited moves belied potentially important trends given important developments across wider asset classes. In this context, volatility increased sharply late in the week, with a slide to 2018 […]

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Commentary: Gold is ranged but may break out to the Northside. PE Gold at 1302.10 moved above 1300. While the rise continues, Gold may break out to 1320-1325 near term. ICE Brent Crude at 75.84 and NYMEX WTI Crude at 66.94 both dipped a bit and […]

GOLD 1 OZ (XAU=X) Upside Potential For Gold Prices

GOLD 1 OZ (XAU=X) Upside Potential For Gold Prices

GOLD 1 OZ (XAU=X) Upside Potential For Gold Prices Gold is poised to climb in the months ahead despite another U.S. interest-rate hike on Wednesday and prospects for further monetary tightening, said two banks in research notes Thursday. Following the seventh U.S. rate hike this cycle and with the promise of two more before year-end, I […]

GOLD 1 OZ (XAU=X) Potential For Gold-Price Rally Continues To Build

GOLD 1 OZ (XAU=X) Potential For Gold-Price Rally Continues To Build

GOLD 1 OZ (XAU=X) Potential For Gold-Price Rally Continues To Build Although gold’s near-term fortunes lie in the hands of the Federal Reserve, one commodity analyst says that the market is building significant upside momentum. In a report Wednesday, ahead of the Fed’s monetary policy decision, Ole Hansen, head of commodity strategy at Saxo Bank, said […]

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Commentary: Gold is still ranged. PE Gold at 1295.06 is still ranged in here, while it trades below 1300, the precious Yellow could fall to 1290-1285 near term. Copper at 3.2284 trades lower, the Red metal price could dip to 3.20 and pause. Then a […]

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Commentary: Gold is still ranged. PE Note: Some Bullishness is seen for metals and Crude Oil near term. Gold at 1298.31 is ranged for now within 1310-1290, and some more of sideways trade is possible near term. Gold-WTI ratio at 19.67 saw some rejection near […]

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Commentary: Copper and Brent Crude are Bullish, while WTI Crude could see some pause near term. Gold is ranged. PE Gold at 1299.57 is trading a channel, it could rise to 1310-1320 this week. But we cannot rule out a fall to 1300 or lower […]

The Next 5 Years Dow Jones Industrial Average or the Barron’s Gold Mining Index?

The Next 5 Years Dow Jones Industrial Average or the Barron’s Gold Mining Index?

The Next 5 Years Dow Jones Industrial Average or the Barron’s Gold Mining Index? $DIA, $GLD, $SLV The Dow Jones Industrial Average (DIA) closed the week with its BEV plot under -5% for the 1st time since early March. No small thing for the Bulls, seeing the Dow’s BEV plot rising towards its BEV Zero […]

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Commentary: Copper and Brent Crude are Bullish, while WTI Crude could see some pause near term. Gold is ranged. PE Gold at 1296.55 continues stable. A dip to 1285 is expected. Copper at 3.2588 trades below 3.30 after a move to 3.3130. Now, see a […]

GOLD 1 OZ (XAU=X) Pressured Lower to 1,274.80

GOLD 1 OZ (XAU=X) Pressured Lower to 1,274.80

GOLD 1 OZ (XAU=X) Pressured Lower to 1,274.80 Gold prices pressured lower, fundamental cross-currents stall progress Crude oil prices fall on Venezuela output prospects, EIA inventory data De-risking ahead of G7 summit may hurt crude oil as gold treads water Gold prices stalled , torn between the competing influences of a falling US Dollar and […]

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Commentary: Copper and Brent Crude are Bullish, while WTI Crude could see some pause near term. Gold is ranged. PE Gold at 1297.15 is stable in here, ranged within 1300-1280 for now. Copper at 3.2754 rose to 3.30 Wednesday. 3.30-3.35 our the near term target […]

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Commentary: Concerns about supply disruptions in the Key Copper producing region is driving up Copper prices. Precious metals are stable, Crude Oil prices could rise, might now this week. PE ICE Brent Crude at 75.36 tested 73.81 before bouncing. While trading above 74, there […]

GOLD 1 OZ (XAU=X) Re-Evaluating Entry at $1270.00

GOLD 1 OZ (XAU=X) Re-Evaluating Entry at $1270.00

GOLD 1 OZ (XAU=X) Re-Evaluating Entry at $1270.00 Overall, the bias in prices is: Downwards. By the way, prices are vulnerable to a correction towards 1,310.93. The projected upper bound is: 1,318.26. The projected lower bound is: 1,272.13. The projected closing price is: 1,295.20. Candlesticks A white body occurred (because prices closed higher than they […]

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Commentary: Nothing new. PE Gold at 1292.04 looks Bearish while below 1300. A test of 1270 looks possible in here. ICE Brent Crude at 75.50 sees support 75, then at 74. If they hold, may not see a move below 74 near term and the […]

GOLD 1 OZ (XAU=X) Heffx Technical Review

GOLD 1 OZ (XAU=X) Heffx Technical Review

GOLD 1 OZ (XAU=X) Heffx Technical Review Overall, the bias in prices is: Downwards. By the way, prices are vulnerable to a correction towards 1,310.89. The projected upper bound is: 1,319.02. The projected lower bound is: 1,272.52. The projected closing price is: 1,295.77. Candlesticks A white body occurred (because prices closed higher than they opened). […]

METALLA (OTCMKT:MTAFF) Declares a Cash Dividend

METALLA (OTCMKT:MTAFF) Declares a Cash Dividend

METALLA (OTCMKT:MTAFF) Declares a Cash Dividend $MTAFF, $MTA, $GLD, $SLV Metalla Royalty & Streaming Ltd. (TSXV:MTA) (OTCQX:MTAFF) (FRANKFURT:X9CP) announced that its Board of Directors approved and declared a monthly cash dividend payment of CAD $0.0015 per share for July, August, and September 2018 on its common shares for Q-3 + subject to any tax withholding obligations […]

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Commentary: Nothing new. PE Gold at 1293.36 is ranged within 1290-1310, and a rise above 1310 may signal medium term Bullish outlook. But, while trading below 1310, the prospect of seeing 1280-1270 is open. ICE Brent Crude at 76.54 is falling, now see a test of […]

GOLD 1 OZ (XAU=X) Downward Trend

GOLD 1 OZ (XAU=X) Downward Trend

GOLD 1 OZ (XAU=X) Downward Trend Overall, the bias in prices is: Downwards. By the way, prices are vulnerable to a correction towards 1,311.06. The projected upper bound is: 1,316.55. The projected lower bound is: 1,267.50. The projected closing price is: 1,292.02. Candlesticks A big black candle occurred. This is bearish, as prices closed significantly […]

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Commentary: Nothing new. PE Gold at 1298.32 bounced from support on the 3-Day’s. While that holds, Gold may move to 1310-1315 in the coming sessions thus limiting the Southside at 1280. ICE Brent Crude at 77.51 up from a bit, while NYMEX WTI Crude at 66.94 is […]

GOLD 1 OZ (XAU=X) Heffx Daily Technicals

GOLD 1 OZ (XAU=X) Heffx Daily Technicals

GOLD 1 OZ (XAU=X) Heffx Daily Technicals Overall, the bias in prices is: Sideways. By the way, prices are vulnerable to a correction towards 1,311.03. The projected upper bound is: 1,324.13. The projected lower bound is: 1,275.23. The projected closing price is: 1,299.68. Candlesticks A black body occurred (because prices closed lower than they opened). […]

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Commentary: Nothing new. PE Gold at 1302.39 is stable and ranged within 1290-1310 for the next 2 days. Then a break above 1310 could bring on Bullishness, or the precious Yellow metal price could re-test 1300 or lower. ICE Brent Crude at 77.28 held above the […]

GOLD 1 OZ (XAU=X) Bearish Trend

GOLD 1 OZ (XAU=X) Bearish Trend

GOLD 1 OZ (XAU=X) Bearish Trend Overall, the bias in prices is: Downwards. By the way, prices are vulnerable to a correction towards 1,311.30. The projected upper bound is: 1,323.60. The projected lower bound is: 1,271.52. The projected closing price is: 1,297.56. Candlesticks A black body occurred (because prices closed lower than they opened). During […]

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Commentary: Nothing new. PE Gold at 1299.10 looks stable in here, but there is possibility of the precious Yellow metal’s price testing to 1280. A clear break below 1280 would be Bearish Gold medium term opening up a move South to 1260-1250. For now Gold looks ranged […]

Italy’s Deepening Political Crisis May Drive Gold North

Italy’s Deepening Political Crisis May Drive Gold North

Italy’s Deepening Political Crisis May Drive Gold North $GLD,  $SLV The deepening political crisis in Italy that provoked a 2nd day of heavy selling on European financial markets. Italy’s President set the country on a path to early elections on Monday, appointing a former IMF official as interim PM with the task of planning for […]

GOLD 1 OZ (XAU=X) A Look Inside the Technicals

GOLD 1 OZ (XAU=X) A Look Inside the Technicals

GOLD 1 OZ (XAU=X) A Look Inside the Technicals Overall, the bias in prices is: Downwards. By the way, prices are vulnerable to a correction towards 1,311.64. The projected upper bound is: 1,323.73. The projected lower bound is: 1,271.44. The projected closing price is: 1,297.59. Candlesticks A white body occurred (because prices closed higher than […]

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Commentary: The sector is looking for stimulation in here. P Gold at 1298.21 the psych resistance at 1300 held, there is room to fall to 1280-1270 medium term. Watch interim support at 1290 this week for clues. WTI Crude at 66.88 trading above near term […]

GOLD 1 OZ (XAU=X) Heffx Technical Review

GOLD 1 OZ (XAU=X) Heffx Technical Review

GOLD 1 OZ (XAU=X) Heffx Technical Review Overall, the bias in prices is: Downwards. By the way, prices are vulnerable to a correction towards 1,311.98. The projected upper bound is: 1,323.59. The projected lower bound is: 1,271.20. The projected closing price is: 1,297.39. Candlesticks A black body occurred (because prices closed lower than they opened). […]

GOLD 1 OZ (XAU=X) Technical Levels to Watch

GOLD 1 OZ (XAU=X) Technical Levels to Watch

GOLD 1 OZ (XAU=X) Technical Levels to Watch Overall, the bias in prices is: Sideways. By the way, prices are vulnerable to a correction towards 1,312.33. The projected upper bound is: 1,327.06. The projected lower bound is: 1,274.69. The projected closing price is: 1,300.88. Candlesticks A black body occurred (because prices closed lower than they […]

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Commentary: The sector is looking for stimulation in here. PE Gold at 1302.14 trading higher with a move to 1310 seen. If that does not hold, it may break to and below 1290-1280 medium term. ICE Brent Crude at 78.67 is headed to 78, and […]

GOLD 1 OZ (XAU=X) Heffx Gold Technicals

GOLD 1 OZ (XAU=X) Heffx Gold Technicals

GOLD 1 OZ (XAU=X) Heffx Gold Technicals Overall, the bias in prices is: Sideways. By the way, prices are vulnerable to a correction towards 1,312.56. The projected upper bound is: 1,330.46. The projected lower bound is: 1,277.67. The projected closing price is: 1,304.07. Candlesticks A big white candle occurred. This is generally considered bullish, as […]

GOLD 1 OZ (XAU=X) Heffx Daily Technicals

GOLD 1 OZ (XAU=X) Heffx Daily Technicals

GOLD 1 OZ (XAU=X) Heffx Daily Technicals Overall, the bias in prices is: Downwards. By the way, prices are vulnerable to a correction towards 1,311.74. The projected upper bound is: 1,319.15. The projected lower bound is: 1,267.34. The projected closing price is: 1,293.25. Candlesticks A white body occurred (because prices closed higher than they opened). […]

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Gold at 1292.20 bounced from 1280, and while 1275/80 holds, the price could to 1310 before coming off to 1280 or lower. For now the trend is South. Silver at 16.56 is ranged. It has risen form 16.50 and could hit 17. Overall, […]

GOLD 1 OZ (XAU=X) Bearish Trend

GOLD 1 OZ (XAU=X) Bearish Trend

GOLD 1 OZ (XAU=X) Bearish Trend Overall, the bias in prices is: Downwards. By the way, prices are vulnerable to a correction towards 1,313.99. The projected upper bound is: 1,316.50. The projected lower bound is: 1,264.64. The projected closing price is: 1,290.57. Candlesticks A black body occurred (because prices closed lower than they opened). During […]

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL ICE Brent Crude at 79.36 and Nymex WTI Crude at 72.51 are stable. WTI Crude’s 1st resistance is at 73 which could push the price down to 71 near term. ICE Brent Crude looks to have some room on the Northside at 81-82. But if […]

GOLD 1 OZ (XAU=X) Technicals Indicate a Bullish Divergence

GOLD 1 OZ (XAU=X) Technicals Indicate a Bullish Divergence

GOLD 1 OZ (XAU=X) Technicals Indicate a Bullish Divergence Overall, the bias in prices is: Downwards. By the way, prices are vulnerable to a correction towards 1,314.64. The projected upper bound is: 1,313.95. The projected lower bound is: 1,262.07. The projected closing price is: 1,288.01. Candlesticks A black body occurred (because prices closed lower than […]

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL ICE Brent Crude at 79.05 and Nymex WTI Crude at 71.89 could see some near term falls to 77 and 70.50 respectively before attempting another rise. Gold at 1288.70 is stable near current marks. A fall to support at 1275 is not expected, so the […]

GOLD 1 OZ (XAU=X) Heffx Daily Technicals

GOLD 1 OZ (XAU=X) Heffx Daily Technicals

GOLD 1 OZ (XAU=X) Heffx Daily Technicals Overall, the bias in prices is: Downwards. By the way, prices are vulnerable to a correction towards 1,315.80. The projected upper bound is: 1,316.83. The projected lower bound is: 1,264.95. The projected closing price is: 1,290.89. Candlesticks A white body occurred (because prices closed higher than they opened). […]

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Brent Crude at 79.58  is trading higher, the Crude Oil Bulls look strong in here and could test 81then dip to 79. WTI Crude Oil at 71.74 sees resistance 73 and push the price down to 70. But if it break North then 74-75 […]

GOLD 1 OZ (XAU=X) A Look Inside the Technicals

GOLD 1 OZ (XAU=X) A Look Inside the Technicals

GOLD 1 OZ (XAU=X) A Look Inside the Technicals Overall, the bias in prices is: Downwards. By the way, prices are vulnerable to a correction towards 1,316.67. The projected upper bound is: 1,313.07. The projected lower bound is: 1,261.14. The projected closing price is: 1,287.11. Candlesticks A black body occurred (because prices closed lower than […]

GOLD 1 OZ (XAU=X) Technicals Suggest Gold is Oversold

GOLD 1 OZ (XAU=X) Technicals Suggest Gold is Oversold

GOLD 1 OZ (XAU=X) Technicals Suggest Gold is Oversold Overall, the bias in prices is: Downwards. By the way, prices are vulnerable to a correction towards 1,318.07. The projected upper bound is: 1,315.53. The projected lower bound is: 1,263.20. The projected closing price is: 1,289.36. Candlesticks A white body occurred (because prices closed higher than […]

Gold is a Buy

Gold is a Buy

Against growing crude prices gold is significantly cheap and presents a good buying opportunity, according to Leigh Goehring, managing partner at New York-based firm Goehring & Rozencwajg Associates. The analyst compared the current situation to the one gold and oil markets experienced 20 years ago. “Back in the first quarter of 1999 oil was $11 […]

Gold, Copper and Crude Oil Briefing

Gold, Copper and Crude Oil Briefing

Gold, Copper and Crude Oil Briefing $GLD, $CU, $USO, $OIL Brent Crude at 78.18, and WTI Crude Oil 71.05 are stable in here. WTI Crude Oil has support at 70.50 and could move up in here, while there is little room on the upside for Brent Crude. Brent Crude has Key resistance at 80, and could be ranged […]

Pre-Civil War Fiat Money was Issued Regionally by Private Banks

Pre-Civil War Fiat Money was Issued Regionally by Private Banks

Pre-Civil War Fiat Money was Issued Regionally by Private Banks $BTCUSD In the pre-Civil War era, 90% of US money was regionally issued banknotes from private banks. These currencies traded at different rates at different times and places. There were discount books in each town to keep track of how much each currency should be […]

GOLD 1 OZ (XAU=X) Trending Downwards

GOLD 1 OZ (XAU=X) Trending Downwards

GOLD 1 OZ (XAU=X) Trending Downwards Overall, the bias in prices is: Sideways. By the way, prices are vulnerable to a correction towards 1,319.79. The projected upper bound is: 1,342.60. The projected lower bound is: 1,292.22. The projected closing price is: 1,317.41. Candlesticks A black body occurred (because prices closed lower than they opened). During […]

Gold, Copper and Crude Oil Briefing

Gold, Copper and Crude Oil Briefing

  Gold, Copper and Crude Oil Briefing $GLD, $CU, $USO, $OIL Brent Crude at 76.75, and WTI Crude Oil at 70.47 have paused to refresh after the sharp rise seen in the last few sessions. WTI Crude Oil could test support at 69.5-70.0 before again trying to move up again. Brent Crude could come off […]

GOLD 1 OZ (XAU=X) Technicals Indicate Mixed Signals

GOLD 1 OZ (XAU=X) Technicals Indicate Mixed Signals

GOLD 1 OZ (XAU=X) Technicals Indicate Mixed Signals Overall, the bias in prices is: Sideways. By the way, prices are vulnerable to a correction towards 1,319.89. The projected upper bound is: 1,343.03. The projected lower bound is: 1,292.39. The projected closing price is: 1,317.71. Candlesticks A black body occurred (because prices closed lower than they […]

GOLD 1 OZ (XAU=X) Technicals Indicate Mixed Signals

GOLD 1 OZ (XAU=X) Technicals Indicate Mixed Signals

GOLD 1 OZ (XAU=X) Technicals Indicate Mixed Signals Overall, the bias in prices is: Sideways. By the way, prices are vulnerable to a correction towards 1,319.87. The projected upper bound is: 1,342.51. The projected lower bound is: 1,292.28. The projected closing price is: 1,317.39. Candlesticks A white body occurred (because prices closed higher than they […]

Gold, Copper and Crude Oil Briefing

Gold, Copper and Crude Oil Briefing

Gold, Copper and Crude Oil Briefing $GLD, $CU, $USO, $OIL Commentary: US Crude production has risen to 10.7-M BPD from 10.62-M BPD the week prior. The EIA has now raised its US Crude Oil production outlook to rise by 1.14-M BPD for the next year revised up from the earlier projection of 750,000 BPD. PE Brent […]

GOLD 1 OZ (XAU=X) A Look Inside the Technicals

GOLD 1 OZ (XAU=X) A Look Inside the Technicals

GOLD 1 OZ (XAU=X) A Look Inside the Technicals Overall, the bias in prices is: Sideways. By the way, prices are vulnerable to a correction towards 1,319.89. The projected upper bound is: 1,336.98. The projected lower bound is: 1,286.92. The projected closing price is: 1,311.95. Candlesticks A black body occurred (because prices closed lower than […]

Stocks Break Out, Gold Bulls Patiently Await ‘Turmoil’

Stocks Break Out, Gold Bulls Patiently Await ‘Turmoil’

Stocks Break Out, Gold Bulls Patiently Await ‘Turmoil’ $DIA, $SPY, $QQQ, $VXX, $GLD The Gold market is greeting geopolitical turmoil with a Yawn, as stocks made a strong move North on with the S&P 500 and the NAS Comp each + 1.0%, and the DJIA advancing 0.8%. The precious Yellow metal has dropped for 3 weeks […]

Gold, Copper and Crude Oil Briefing

Gold, Copper and Crude Oil Briefing

Gold, Copper and Crude Oil Briefing $GLD, $CU, $USO, $OIL Commentary: Tuesday, US President Donald Trump  announced his decision to quit the Iran nuclear deal. PE Brent Crude at 76.69 trades higher after testing intra-day lows of 73.10 Tuesday. WTI Crude Oil at 70.63 is up from 67.64. Note: While the rising momentum is strong Brent Crude […]

GOLD 1 OZ (XAU=X) Trending Downwards

GOLD 1 OZ (XAU=X) Trending Downwards

GOLD 1 OZ (XAU=X) Trending Downwards Overall, the bias in prices is: Sideways. By the way, prices are vulnerable to a correction towards 1,319.89. The projected upper bound is: 1,336.72. The projected lower bound is: 1,285.13. The projected closing price is: 1,310.93. Candlesticks A black body occurred (because prices closed lower than they opened). During […]

Gold, Copper and Crude Oil Briefing

Gold, Copper and Crude Oil Briefing

Gold, Copper and Crude Oil Briefing $GLD, $CU, $USO, $OIL Commentary: US President Donald Trump Tweeted Monday announcing his decision on Iran will come at 2:00p EDT Tuesday, the market awaits the announcement. PE Brent Crude at 75.52 dipped from 76.34, while WTI Crude Oil at 69.98 is down from 70.83. Both are down from […]

GOLD 1 OZ (XAU=X) Heffx Daily Technicals

GOLD 1 OZ (XAU=X) Heffx Daily Technicals

GOLD 1 OZ (XAU=X) Heffx Daily Technicals Overall, the bias in prices is: Sideways. By the way, prices are vulnerable to a correction towards 1,320.04. The projected upper bound is: 1,338.83. The projected lower bound is: 1,287.11. The projected closing price is: 1,312.97. Candlesticks A black body occurred (because prices closed lower than they opened). […]

Gold, Copper and Crude Oil Briefing

Gold, Copper and Crude Oil Briefing

Gold, Copper and Crude Oil Briefing $GLD, $CU, $USO, $OIL Commentary: Crude Oil looks stable in here.PE Note: Crude Oil trades higher as the 12 May deadline for Iran sanctions nears. Brent Crude at 75.22 to test the prior high at 75.60 and looks Bullish in here. Brent Crude could continue to move up to make […]

GOLD 1 OZ (XAU=X) Trending Downwards

GOLD 1 OZ (XAU=X) Trending Downwards

GOLD 1 OZ (XAU=X) Trending Downwards Overall, the bias in prices is: Sideways. By the way, prices are vulnerable to a correction towards 1,320.23. The projected upper bound is: 1,340.19. The projected lower bound is: 1,288.44. The projected closing price is: 1,314.31. Candlesticks A white body occurred (because prices closed higher than they opened). During […]

Gold, Copper and Crude Oil Briefing

Gold, Copper and Crude Oil Briefing

Gold, Copper and Crude Oil Briefing $GLD, $CU, $USO, $OIL Commentary: Crude Oil looks stable in here.PE Friday, 72 and 66 look like the major support on Brent Crude at 73.60, -0.03%,  and WTI Crude Oil at 68.43, -0.01% that if they hold and drive the prices higher, or stabilize move sideways or rally up towards 74-75 […]

GOLD 1 OZ (XAU=X) Technicals Indicate Mixed Signals

GOLD 1 OZ (XAU=X) Technicals Indicate Mixed Signals

GOLD 1 OZ (XAU=X) Technicals Indicate Mixed Signals Overall, the bias in prices is: Sideways. By the way, prices are vulnerable to a correction towards 1,320.16. The projected upper bound is: 1,337.60. The projected lower bound is: 1,285.95. The projected closing price is: 1,311.77. Candlesticks A white body occurred (because prices closed higher than they […]

Gold, Copper and Crude Oil Briefing

Gold, Copper and Crude Oil Briefing

Gold, Copper and Crude Oil Briefing $GLD, $CU, $USO, $OIL Commentary: Crude Oil looks stable in here.PE Brent Crude at 73.18, and WTI Crude Oil at 67.81 are looking stable now. Brent Crude could be trading within 76-72 for a while, and WTI Crude Oil tests resistance near 70, could come off to 66-65 near term. […]

GOLD 1 OZ (XAU=X) Trending Downwards

GOLD 1 OZ (XAU=X) Trending Downwards

GOLD 1 OZ (XAU=X) Trending Downwards Overall, the bias in prices is: Downwards. By the way, prices are vulnerable to a correction towards 1,319.98. The projected upper bound is: 1,331.16. The projected lower bound is: 1,279.41. The projected closing price is: 1,305.29. Candlesticks A white body occurred (because prices closed higher than they opened). During […]

Gold, Copper and Crude Oil Briefing

Gold, Copper and Crude Oil Briefing

Gold, Copper and Crude Oil Briefing $GLD, $CU, $USO, $OIL Commentary: The Asian and EU markets are open.PE Note: Increasing US Crude Oil supplies are expected to cap market gainers. Brent Crude at 73.22, and WTI Crude Oil at 67.50 are trading lower in here. Brent Crude could get some support at 72.15, while that […]

GOLD 1 OZ (XAU=X) Trending Downwards

GOLD 1 OZ (XAU=X) Trending Downwards

GOLD 1 OZ (XAU=X) Trending Downwards Overall, the bias in prices is: Downwards. By the way, prices are vulnerable to a correction towards 1,320.56. The projected upper bound is: 1,329.71. The projected lower bound is: 1,277.80. The projected closing price is: 1,303.76. Candlesticks A white body occurred (because prices closed higher than they opened). During […]

Gold, Copper and Crude Oil Briefing

Gold, Copper and Crude Oil Briefing

Gold, Copper and Crude Oil Briefing $GLD, $CU, $USO, $OIL Commentary: Sing. closed for holiday.PE US closing prices WTI Crude Oil +0.7% at 68.53 bbl $USO Gold -0.3% to 1319.40 oz $GLD Copper Unch at 3.05 lb $CU After going through the Monday morning Southside test on the back of rising oil drilling rig counts, […]

Assets That Will Suffer on the Return to the Normal Interest Rate Regime

Assets That Will Suffer on the Return to the Normal Interest Rate Regime

Assets that Will Suffer on the Return to the Normal Interest Rate Regime $SPY, $GLD, $SLV, $BAC While Treasuries faded a bit after 10-year yields tapped at the 3% mark last week for the 1st time in 4 years, expectations are mounting that higher rates will soon be normal again, that rate historically is 5.0% […]

GOLD 1 OZ (XAU=X) Bullish Divergence

GOLD 1 OZ (XAU=X) Bullish Divergence

GOLD 1 OZ (XAU=X) Bullish Divergence Overall, the bias in prices is: Sideways. By the way, prices are vulnerable to a correction towards 1,322.40. The projected upper bound is: 1,341.61. The projected lower bound is: 1,288.75. The projected closing price is: 1,315.18. Candlesticks A black body occurred (because prices closed lower than they opened). During […]

GOLD 1 OZ (XAU=X) Heffx Daily Technicals

GOLD 1 OZ (XAU=X) Heffx Daily Technicals

GOLD 1 OZ (XAU=X) Heffx Daily Technicals Overall, the bias in prices is: Sideways. By the way, prices are vulnerable to a correction towards 1,322.68. The projected upper bound is: 1,347.67. The projected lower bound is: 1,294.86. The projected closing price is: 1,321.26. Candlesticks A white body occurred (because prices closed higher than they opened). […]

Gold, Copper and Crude Oil Briefing

Gold, Copper and Crude Oil Briefing

Gold, Copper and Crude Oil Briefing $GLD, $CU, $USO, $OIL Commentary: Nothing new. PE Brent Crude at 74.46, and WTI Crude Oil at 67.95 are stable in here. Note: WTI Crude Oil has some room of rising to 69-70 near term, Brent Crude could trade in the 72-76 range medium term. Gold at 1317.60 looks to moving […]

Goldcorp (NYSE:GG) Pay $3.7-M for Stake in a Newly Formed Explorer

Goldcorp (NYSE:GG) Pay $3.7-M for Stake in a Newly Formed Explorer

Goldcorp (NYSE:GG) Pay $3.7-M for Stake in a Newly Formed Explorer $GG Canada’s GoldCorp (NYSE:GG) is investing $3.7-M to acquire a 14% interest in a newly formed Bold exploration company born Thursday from the merger of Matamec, Canada Strategic Metals and Sphinx Resources. The new explorer, named Quebec Precious Metals Corp. (QPM), will focus on the James […]

Gold, Diamond Companies Joined IBM to Develop Blockchain Technology

Gold, Diamond Companies Joined IBM to Develop Blockchain Technology

Gold, Diamond Companies Joined IBM to Develop Blockchain Technology $IBM, $BRK-A, $AU Gold and diamond companies including Berkshire Hathaway (NYSE:BRK-A)Richline Group Inc joined with IBM to develop blockchain technology to track the origin of jewelry and ensure it is ethically sourced, the companies said Thursday. The joint initiative, TrustChain goal to make it easier for […]

Bitcoin Rallied Thursday, Expect More Attempts at $10,000 Soon

Bitcoin Rallied Thursday, Expect More Attempts at $10,000 Soon

Bitcoin Rallied Thursday, Expect More Attempts at $10,000 Soon $BTCUSD Bitcoin prices moved a bit lower Thursday testing support near $9,000, and bounced trading as the # 1 concurrency sets up another attempt at $10,000 the Key resistance. Wednesday price rallied to $9,745. Currently, Bitcoin is trading at: $9,244.085, +427.37, or +4.85%, as of 2:12a BST, the […]

Gold, Copper and Crude Oil Briefing

Gold, Copper and Crude Oil Briefing

Gold, Copper and Crude Oil Briefing $GLD, $CU, $USO, $OIL Commentary: Nothing new. PE Brent Crude at 74.42 is trading above 74 now, while resistance  76.0-76.5 holds, there could be a pause. A clear break above 76.50 open a test at 78, or baring that some consolidation followed by a dip next week. WTI Crude Oil at […]

GOLD 1 OZ (XAU=X) Bullish Divergence

GOLD 1 OZ (XAU=X) Bullish Divergence

GOLD 1 OZ (XAU=X) Bullish Divergence Overall, the bias in prices is: Sideways. By the way, prices are vulnerable to a correction towards 1,323.00. The projected upper bound is: 1,351.60. The projected lower bound is: 1,296.14. The projected closing price is: 1,323.87. Candlesticks A black body occurred (because prices closed lower than they opened). During […]

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing

Gold, Copper and Crude Oil Briefing $GLD, $CU, $USO, $OIL Commentary: Nothing new. PE Brent Crude seeing resistance at 73.87, as seen on the 3-day candle. If that holds, the precious Yellow metal could test to 72-71. WTI Crude Oil at 67.67 tested resistance on the daily candle, while that holds the price comes off to 66 or […]

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Commentary: Nothing new. PE Brent Crude at 74.20 could test at 76, and 76 is likely a Top medium term and the price could fade to lower to 72-71. WTI Crude Oil at 68.18 is stable now after coming off from 69+, it could see […]

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Commentary: Nothing new. PE Brent Crude at 73.94 has some chances of moving higher to 75-76 which is important resistance. A fall seen then targeting 72-71 medium term. WTI Crude Oil at 68.19 has room to move to 69.0-69.5 in the next 3-4 sessions before […]

GOLD 1 OZ (XAU=X) Trending Upwards

GOLD 1 OZ (XAU=X) Trending Upwards

GOLD 1 OZ (XAU=X) Trending Upwards Overall, the bias in prices is: Sideways. By the way, prices are vulnerable to a correction towards 1,322.76. The projected upper bound is: 1,362.41. The projected lower bound is: 1,307.67. The projected closing price is: 1,335.04. Candlesticks A black body occurred (because prices closed lower than they opened). During […]

NKorea’s Economy is the Focus Now

NKorea’s Economy is the Focus Now

NKorea’s Economy is the Focus Now President Kim shifts to Economy, ditches Nuclear testing President Kim Jong Un’s suspension of NKorean nuclear tests has economic focus. Kim’s statement at a ruling party meeting Friday includes a pledge to seek a “favorable” international environment for economic development so that he can put the economy “on an […]

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Commentary: Safe-havens still in focus and holding. PE Brent Crude at 73.83 trade near Key marks, and there is important resistance 74 which is likely to keep the prices stable drive them down 72. Near term neutral to Very Bearish. WTI at 68.37 seeing resistance 69, […]

GOLD 1 OZ (XAU=X) Trending Upwards

GOLD 1 OZ (XAU=X) Trending Upwards

GOLD 1 OZ (XAU=X) Trending Upwards Overall, the bias in prices is: Upwards.   By the way, prices are vulnerable to a correction towards 1,322.98. The projected upper bound is: 1,371.26. The projected lower bound is: 1,317.28. The projected closing price is: 1,344.27. Candlesticks A black body occurred (because prices closed lower than they opened). […]

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Commentary: Safe-havens still in focus and holding. PE Brent Crude at 73.77, and WTI Crude Oil at 68.72 rose and looks Bullish to 75-76 and 70 respectively. Thereafter, see a dip medium term. Gold at 1351.90 is trying to move to 1370, but faces Key […]

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