Gold Prices Steady, Trade Concerns Pressure USD + Commodities

Gold Prices Steady, Trade Concerns Pressure USD + Commodities

Gold Prices Steady, Trade Concerns Pressure USD + Commodities $GLD, $SLV, $USD, $PLAT, $USO, $OIL, $SOY, $CORN,$WEAT In Asia Asian stocks followed global indexes higher Thursday, as investors took a less bearish view on the impact of the US-China trade war on markets, a sharp contrast to dim expectations economists had on US growth amid the […]

SILVER 1 OZ 999 NY (XAG=X) Next Support at $14.065

SILVER 1 OZ 999 NY (XAG=X) Next Support at $14.065

SILVER 1 OZ 999 NY (XAG=X) Next Support at $14.065 Silver futures bears still have the solid overall near-term technical advantage. There are still no strong, early clues to suggest a market bottom is close at hand. Silver bulls’ next upside price breakout objective is closing prices above solid technical resistance at $15.07 an ounce. […]

Gold Prices Up, as USD Eases + Commodities

Gold Prices Up, as USD Eases + Commodities

Gold Prices Up, as USD Eases + Commodities $GLD, $SLV, $USD, $PLAT, $USO, $OIL, $SOY, $CORN,$WEAT  Gold prices edged up Wednesday, as the USD weakened despite another round of reciprocal tariffs in the US-China trade dispute. In focus 19 September 2018 Spot gold up 0.1 % to 1,199.18 oz by 0044 GMT US gold futures […]

SILVER 1 OZ 999 NY (XAG=X) Found Support

SILVER 1 OZ 999 NY (XAG=X) Found Support

SILVER 1 OZ 999 NY (XAG=X) Found Support December silver futures bears have the solid overall near-term technical advantage. There are no early clues to suggest a market bottom is close at hand. Silver bulls’ next upside price breakout objective is closing prices above solid technical resistance at $15.07 an ounce. The next downside price […]

Let’s Consider Silver’s Very Low Numbers

Let’s Consider Silver’s Very Low Numbers

Let’s Consider Silver’s Very Low Numbers $SLV, $GLD The Devils Metal will bounce right back up in symmetrical proportionally when the short covering begins to happen. Let’s consider silver’s numbers. The 52-wk low in specs’ silver-futures shorts was 41.5-K contracts in mid-September 2017.  Getting back there would require an astounding 78.6-K contracts of short-covering buying.  […]

SILVER 1 OZ 999 NY (XAG=X) Seeing Some Support

SILVER 1 OZ 999 NY (XAG=X) Seeing Some Support

SILVER 1 OZ 999 NY (XAG=X) Seeing Some Support December silver futures bears have the solid overall near-term technical advantage. Silver bulls’ next upside price breakout objective is closing prices above solid technical resistance at $15.00 an ounce. The next downside price breakout objective for the bears is closing prices below solid support at $13.50. […]

America First, Financial Markets Briefing 

America First, Financial Markets Briefing 

America First, Financial Markets Briefing $SPY, $USD, $OIL, $USO, $USD, $CU Hong Kong, China equities slide Monday on trade concerns  WS-J reporting Monday that China could skip trade talks with US Stocks in Asia opened the week under pressure after the latest US move to place a 3rd tranche of tariffs on Chinese goods, as […]

Gold-Silver Ratio at Highest Mark in 27 Years

Gold-Silver Ratio at Highest Mark in 27 Years

Gold-Silver Ratio at Highest Mark in 27 Years $GLD, $SLV, $OIL, $SPY, $QQQ The Gold-Silver Ratio has been one of the most reliable technical ‘buy’ indicators for Silver, whenever the ratio climbs above 80. The Big Q: Is the current spike in the gold/silver ratio forecasting another stock market crash? The gold-to-silver ratio has moves […]

SILVER 1 OZ 999 NY (XAG=X) undervalued relative to stocks, bonds, gold

SILVER 1 OZ 999 NY (XAG=X) undervalued relative to stocks, bonds, gold

SILVER 1 OZ 999 NY (XAG=X) undervalued relative to stocks, bonds, gold A drop in silver prices this year has attracted investors seeking a bargain, prompting a temporary sellout of the 2018 American Silver Eagle bullion coins at the U.S. Mint this month. “The sellout of Silver Eagles implies that demand for physical [silver] has […]

Looking at the Week: Gold Gains on the Weaker Buck

Looking at the Week: Gold Gains on the Weaker Buck

Looking at the Week: Gold Gains on the Weaker Buck $GLD, $SLV, $USD, $CNH Precious metals finished up Friday despite its dips during the week. Precious metals were up on Friday despite many taking dips earlier in the week. Plus we run through key stories in the space for the week. Both gold and silver prices finished up Friday, 14 […]

Gold Dips on News of Resumed US-China Trade Talks

Gold Dips on News of Resumed US-China Trade Talks

Gold Dips on News of Resumed US-China Trade Talks $GLD, $SLV, $USD Gold pared gains as China became a focus point again The possible progress in the trade dispute pressured the USD. Gold prices dipped Thursday as investors purchased riskier assets instead of seeking a safe-haven in gold, on news a new round of US-China […]

Can, Will Precious Metals Rise From the Mat?

Can, Will Precious Metals Rise From the Mat?

Can, Will Precious Metals Rise From the Mat? $GLD, $SLV, $MTAFF Gold finished +0.7% to 1210.80 oz in NY Wednesday People are asking me: Can the precious metals rise from the mat? The Big A: Yes. It is important to note that when 2 of the 5 sentiment indicator shift to more positive sentiment, to […]

SILVER 1 OZ 999 NY (XAG=X) recorded its lowest London benchmark price yesterday since the “anti-arb” flash crash of late January 2016

SILVER 1 OZ 999 NY (XAG=X) recorded its lowest London benchmark price yesterday since the “anti-arb” flash crash of late January 2016

SILVER 1 OZ 999 NY (XAG=X) recorded its lowest London benchmark price yesterday since the “anti-arb” flash crash of late January 2016 Silver held flat around $14.12 after recorded its lowest London benchmark price yesterday since the “anti-arb” flash crash of late January 2016, when the auction process fixed at $13.58 – some 80 cents […]

Gold Finished Flat, Rate Hike and Trade Tensions Concern

Gold Finished Flat, Rate Hike and Trade Tensions Concern

Gold Finished Flat, Rate Hike and Trade Tensions Concern $GLD, $SLV Gold prices held steady during Asian trade Tuesday as investors remained on the sidelines amid expectations of a Fed interest rate hike later this month and on fears of an escalation in the US-China trade dispute. Spot gold was mostly unchanged at 1,195.79 oz […]

SILVER 1 OZ 999 NY (XAG=X) some potential storm clouds on the horizon

SILVER 1 OZ 999 NY (XAG=X) some potential storm clouds on the horizon

SILVER 1 OZ 999 NY (XAG=X) some potential storm clouds on the horizon December silver futures bears have the solid overall near-term technical advantage. There are no early clues to suggest a market bottom is close at hand. Silver bulls’ next upside price breakout objective is closing prices above solid technical resistance at $15.07 an […]

Asia’s Super Rich Advised to Add More Gold to Portfolios

Asia’s Super Rich Advised to Add More Gold to Portfolios

Asia’s Super Rich Advised to Add More Gold to Portfolios $GLD, $USD Gold has been hammered lately, and some advisers are telling their wealthy clients to take advantage of lower prices and add to their stockpile to protect assets against pounding equity markets. Advisers to Asia’s super rich think their clients should put more of their […]

SILVER 1 OZ 999 NY (XAG=X) Coming Very Close to a Bottom

SILVER 1 OZ 999 NY (XAG=X) Coming Very Close to a Bottom

SILVER 1 OZ 999 NY (XAG=X) Coming Very Close to a Bottom According to Quartz, silver prices have fallen to their lowest levels since 2016, shedding 17 percent since the start of this year. The metal started 2018 at $553 per kilogram. The highest price for this year was $564/kg which was way back in January. Now, […]

SILVER 1 OZ 999 NY (XAG=X) no early clues to suggest a market bottom is close at hand

SILVER 1 OZ 999 NY (XAG=X) no early clues to suggest a market bottom is close at hand

SILVER 1 OZ 999 NY (XAG=X) no early clues to suggest a market bottom is close at hand December silver futures bears have the solid overall near-term technical advantage. There are no early clues to suggest a market bottom is close at hand. Silver bulls’ next upside price breakout objective is closing prices above solid technical […]

Forex Major Pairs Morning Briefing

Forex Major Pairs Morning Briefing

Forex Major Pairs Morning Briefing $DXY, $EUR, $GBP, $JPY, $AUD Commentary: Again, we are at important marks in most currencies. There is the chance that the current USD’s strength could see a correction/reversal early this month on not. Key support near 95 on the US Dollar (.DXY) Index could lead to USD strength again, the support is holding.PE Notes: The USD strengthened a […]

Commodities Briefing: Hard and Soft

Commodities Briefing: Hard and Soft

Commodities Briefing: Hard and Soft $GLD, $SLV, $CU, $OIL, $CORN, $WEAT, $SOY Commentary: Concerns about Tropical Storm Gordon’s minor impact along Gulf of Mexico and Central Gulf coast could have aided a fall in Crude prices Wednesday. Also, there are talks of a possible period deadline ending today for the US tariffs on another $200-B of […]

SILVER 1 OZ 999 NY (XAG=X) solid overall near-term technical advantage

SILVER 1 OZ 999 NY (XAG=X) solid overall near-term technical advantage

SILVER 1 OZ 999 NY (XAG=X) solid overall near-term technical advantage December silver futures bears have the solid overall near-term technical advantage. Silver bulls’ next upside price breakout objective is closing prices above solid technical resistance at $15.00 an ounce. The next downside price breakout objective for the bears is closing prices below solid support at […]

Commodities Briefing: Hard and Soft

Commodities Briefing: Hard and Soft

Commodities Briefing: Hard and Soft $GLD, $SLV, $CU, $OIL, $CORN, $WEAT, $SOY Commentary: Again, Crude Oil prices have risen the notion that the Iran sanctions could limit supply globally without possibly hurting the demand from China. But the prices face rejection from resistance at these marks as we saw on Tuesday.  PE Crude Oil and Metals NYMEX WTI Crude Oil at 69.48, now seeing […]

SILVER 1 OZ 999 NY (XAG=X) hit 21-month lows at $14.16 per ounce

SILVER 1 OZ 999 NY (XAG=X) hit 21-month lows at $14.16 per ounce

SILVER 1 OZ 999 NY (XAG=X) hit 21-month lows at $14.16 per ounce Silver prices today hit 21-month lows at $14.16 per ounce, driving the Gold/Silver Ratio of the two precious metals’ prices up past the 2008 crisis peak to reach 84.5 December silver futures bears have the solid overall near-term technical advantage and gained more […]

Commodities Briefing: Hard and Soft

Commodities Briefing: Hard and Soft

Commodities Briefing: Hard and Soft $GLD, $SLV, $CU, $OIL, $CORN, $WEAT, $SOY Commentary: Again, Crude Oil prices have risen on indication that the Iran sanctions could limit supply globally without possibly hurting the demand from China. But the prices face rejection from resistance at these marks this week.  PE Crude Oil and Metals NYMEX WTI Crude Oil at 70.06 seeing 1st resistance at […]

THEMAC Copper Flats Permitting Update

THEMAC Copper Flats Permitting Update

THEMAC Copper Flats Permitting Update THEMAC Resources Group Limited(TSX VENTURE:MAC) through its wholly-owned subsidiary New Mexico Copper Corporation (NMCC), is currently engaged in securing 2 important state operating permits: a Groundwater Discharge Permit (focused on groundwater protection) from the New Mexico Environment Department (NMED); and a New Mine Permit to regulate mine operation and reclamation […]

Commodities Briefing: Hard and Soft

Commodities Briefing: Hard and Soft

Commodities Briefing: Hard and Soft $GLD, $SLV, $CU, $OIL, $CORN, $WEAT, $SOY Commentary: Again, Crude Oil prices have risen on indication that the Iran sanctions could limit supply globally without possibly hurting the demand from China. But the prices face rejection from resistance at these marks yet this week and next. With the EIA report Wednesday stating […]

SILVER 1 OZ 999 NY (XAG=X) Next Upside $15.50

SILVER 1 OZ 999 NY (XAG=X) Next Upside $15.50

SILVER 1 OZ 999 NY (XAG=X) Next Upside $15.50 December silver futures bears have the overall near-term technical advantage. Silver bulls’ next upside price breakout objective is closing prices above solid technical resistance at $15.50 an ounce. The next downside price breakout objective for the bears is closing prices below solid support at $14.00. First resistance […]

Commodities Briefing: Hard and Soft

Commodities Briefing: Hard and Soft

Commodities Briefing: Hard and Soft $GLD, $SLV, $CU, $OIL, $CORN, $WEAT, $SOY Commentary: Crude Oil prices have risen on indication that the Iran sanctions could limit supply globally without possibly hurting the demand from China. But the prices face rejection from resistance at these marks yet this week and next. With the EIA report Wednesday stating […]

SILVER 1 OZ 999 NY (XAG=X) little risk aversion among traders and investors

SILVER 1 OZ 999 NY (XAG=X) little risk aversion among traders and investors

SILVER 1 OZ 999 NY (XAG=X) little risk aversion among traders and investors  Gold and silver prices are lower in early U.S. trading Wednesday. With little risk aversion among traders and investors at present, the safe-haven metals remain on shaky ground. December gold futures were last down $4.70 an ounce at $1,209.50. December Comex silver […]

Commodities Briefing: Hard and Soft

Commodities Briefing: Hard and Soft

Commodities Briefing: Hard and Soft $GLD, $SLV, $CU, $OIL, $CORN, $WEAT, $SOY Commentary: Crude prices dipped after news of unexpected gains in the US stockpiles was reported by the API dat. Overall medium term looks Bullish while trading above current support marks.  PE Crude Oil and Metals NYMEX WTI Crude Oil at 68.58 and ICE Brent Crude Oil at 75.99 now […]

Commodities Briefing: Hard and Soft

Commodities Briefing: Hard and Soft

Commodities Briefing: Hard and Soft $GLD, $SLV, $CU, $OIL, $CORN, $WEAT, $SOY Commentary: Crude Oil prices look Bullish near term on expectations that weekly US inventory data will show a decline and sanctions on Iran will impact supply. PE Crude Oil and Metals NYMEX WTI Crude Oil at 68.92 and ICE Brent Crude Oil at 76.29 can move  71-72 and 78 respectively. […]

SILVER 1 OZ 999 NY (XAG=X) First Target $15.50

SILVER 1 OZ 999 NY (XAG=X) First Target $15.50

SILVER 1 OZ 999 NY (XAG=X) First Target $15.50 December silver futures bears have the overall near-term technical advantage. Silver bulls’ next upside price breakout objective is closing prices above solid technical resistance at $15.50 an ounce. The next downside price breakout objective for the bears is closing prices below solid support at $14.00. First resistance […]

Commodities Briefing: Hard and Soft

Commodities Briefing: Hard and Soft

Commodities Briefing: Hard and Soft $GLD, $SLV, $CU, $OIL, $CORN, $WEAT, $SOY Commentary: Hard commodities have risen in here, while that continues, they look Bullish near term.  PE Crude Oil and Metals NYMEX WTI Crude Oil at 68.57 has room to rise to 72 or higher while trading above 68. Near term looks Bullish for this week. ICE Brent Crude Oil […]

SILVER 1 OZ 999 NY (XAG=X) a cheap buy for long-term investors

SILVER 1 OZ 999 NY (XAG=X) a cheap buy for long-term investors

SILVER 1 OZ 999 NY (XAG=X) a cheap buy for long-term investors After a major sell-off, precious metals are a cheap buy for long-term investors, according to Wells Fargo Investment Institute, which highlighted silver as the best investment choice at the moment. “At the top of our commodity buy list are metals, especially precious metals. […]

Commodities Briefing: Hard and Soft

Commodities Briefing: Hard and Soft

Commodities Briefing: Hard and Soft $GLD, $SLV, $CU, $OIL, $CORN, $WEAT, $SOY Commentary:  Crude Oils at resistances  Copper and Gold testing lower. PE Crude Oil and Metals NYMEX WTI Crude at 68.21 seeing resistance here, and needs to break to the Northside to continue rising to 70. Note: Above 68.50, resistance is seen at 70. ICE Brent Crude at 75.05 faces resistances […]

Commodities Briefing: Hard and Soft

Commodities Briefing: Hard and Soft

Commodities Briefing: Hard and Soft $GLD, $SLV, $CU, $OIL, $CORN, $WEAT, $SOY Commentary:  Crude Oil moved up  Copper and gold fall off. PE Crude Oil and Metals Gold and Copper looks weak while crude prices could move up further in the near term. NYMEX WTI Crude at 67.97, and Ice Brent Crude at 74.74 bot are up sharply after EIA […]

Commodities Briefing: Hard and Soft

Commodities Briefing: Hard and Soft

Commodities Briefing: Hard and Soft $GLD, $SLV, $CU, $OIL, $CORN, $WEAT, $SOY Commentary:  Gold, Crude Oil and Copper moves higher, but have major overhead resistances, which could limit the Northside. Crude Oil seen trading sideways. PE Note: Helping commodity prices was a drop in the dollar after President Donald Trump said he was “not thrilled” with the Federal Reserve for […]

Commodities Briefing: Hard and Soft

Commodities Briefing: Hard and Soft

Commodities Briefing: Hard and Soft $GLD, $SLV, $CU, $OIL, $CORN, $WEAT, $SOY Commentary: Commodities mostly look stable to weak medium term. Some sideways consolidation near term is possible with a possible test of respective resistances in Crude Oil. PE Note: Gold and Copper have risen a bit, but have major overhead resistances, which could limit the Northside. Crude Oil […]

SILVER 1 OZ 999 NY (XAG=X) rices fell to their lowest level since early 2016

SILVER 1 OZ 999 NY (XAG=X) rices fell to their lowest level since early 2016

SILVER 1 OZ 999 NY (XAG=X) rices fell to their lowest level since early 2016 Gold and silver prices are slightly lower in early U.S. trading Friday, on a quieter day in world markets. Selling interest in the metals is limited by a weaker U.S. dollar index and firmer crude oil prices so far today. […]

Commodities Briefing: Hard and Soft

Commodities Briefing: Hard and Soft

Commodities Briefing: Hard and Soft $GLD, $SLV, $CU, $OIL, $CORN, $WEAT, $SOY Commentary: Commodities mostly look stable to weak medium term. Some sideways consolidation near term is possible with a possible test of respective resistances in Crude Oil. PE Crude Oil and Metals NYMEX WTI Crude at 65.01) and ICE Brent Crude 71.59 are up a bit from Friday’s […]

Fall in Copper Price May Indicate Global Correction

Fall in Copper Price May Indicate Global Correction

The plunge in the price of copper by more than 20 percent since the beginning of June has worried analysts who see it as a bad signal for the global economy. The red metal has acquired the sobriquet Doctor Copper for its ability to take the temperature of the world economy. – Why trust Dr […]

Commodities Briefing: Hard and Soft

Commodities Briefing: Hard and Soft

Commodities Briefing: Hard and Soft $GLD, $SLV, $CU, $OIL, $CORN, $WEAT, $SOY Commentary: Agriculture commodities are up on US-China trade talks. Crude Oil off on supply./demand issues my view is Bearish in here. PE Crude Oil and Metals Crude Oil prices fell Friday, with NYMEX WTI Crude heading for a 7th weekly decliner on increasing concerns about slowing global economic […]

SILVER 1 OZ 999 NY (XAG=X) lowest level since early 2016

SILVER 1 OZ 999 NY (XAG=X) lowest level since early 2016

SILVER 1 OZ 999 NY (XAG=X) lowest level since early 2016 Silver saw another bout of intense selling on the futures market and was pushed as low as $14.37/oz. There was no economic news or silver related developments that would account for the deepening sell-off. It is again a purely futures-related price action with no […]

Commodities Briefing: Hard and Soft

Commodities Briefing: Hard and Soft

Commodities Briefing: Hard and Soft $GLD, $SLV, $CU, $OIL, $CORN, $WEAT, $SOY Commentary: Almost all major commodities have fallen sharply and trading lower. Near term view is Bearish in here. PE Crude Oil and Metals NYMEX WTI Crude at 64.96 is off sharply and looks Bearish near term to 62-60. ICE Brent Crude  at 71.00 sees 1st […]

SILVER 1 OZ 999 NY (XAG=X) were hammered lower

SILVER 1 OZ 999 NY (XAG=X) were hammered lower

SILVER 1 OZ 999 NY (XAG=X) were hammered lower Gold and silver bulls remain frustrated their supposedly safe-haven metals have not seen any support from the potential for a secondary currency market crisis that could be looming. December gold was last down $14.40 at $1,186.30 and September silver was down $0.688 at $14.355. Overall, the […]

Commodities Briefing: Hard and Soft

Commodities Briefing: Hard and Soft

Commodities Briefing: Hard and Soft $GLD, $SLV, $CU, $OIL, $CORN, $WEAT, $SOY Crude Oil and Metals Commodities at the close in New York Tuesday NYMEX WTI Crude Oil -0.3% to 67.05 (USO) Gold +0.1% to 1200.60 oz (GLD) Copper -1.8% to 2.68 lb  (CU) Commentary: The hard commodities have weakened, while the agriculture commodities have strengthened in here. PE […]

Commodities Briefing: Hard and Soft

Commodities Briefing: Hard and Soft

Commodities Briefing: Hard and Soft $GLD, $SLV, $CU, $OIL, $CORN, $WEAT, $SOY Crude Oil and Metals Commentary: These commodities look stable in here. PE NYMEX WTI Crude at 67.53 looks likely to hold below resistance at 68 in here moving down to re-test 66. ICE Brent Crude at 72.92 looks like it trade within the 73.50-71.00 zone during the next 3 […]

SILVER 1 OZ 999 NY (XAG=X) hit 17-month low

SILVER 1 OZ 999 NY (XAG=X) hit 17-month low

SILVER 1 OZ 999 NY (XAG=X) hit 17-month low September silver futures bears have the solid overall near-term technical advantage. Silver bulls’ next upside price breakout objective is closing prices above solid technical resistance at $15.50 an ounce. The next downside price breakout objective for the bears is closing prices below solid support at $15.00. […]

Commodities Briefing: Hard and Soft

Commodities Briefing: Hard and Soft

Commodities Briefing: Hard and Soft $GLD, $SLV, $CU, $OIL, $CORN, $WEAT, $SOY Crude Oil and Metals Commentary: These commodities look stable in here. PE NYMEX WTI Crude at 67.65 could trade in the 68.50-66.00 range near term. Long term support is seen, which if holds is Bullish WTI Crude could move to 70 or higher medium term. […]

Trade War Continues to Lower Commodity Prices

Commodities declined in July due to increased potential for rising production in energy commodities and lower demand expectations for base metals. The Bloomberg Commodity Index Total Return performance was lower for the month, with 15 out of 22 Index constituents posting losses. Credit Suisse Asset Management observed the following: Industrial Metals declined 4.69%, with all […]

SILVER 1 OZ 999 NY (XAG=X) Bulls Working To Stabilize Prices

SILVER 1 OZ 999 NY (XAG=X) Bulls Working To Stabilize Prices

SILVER 1 OZ 999 NY (XAG=X) Bulls Working To Stabilize Prices Like gold and many other commodities over recent weeks, the price of silver remains close to its lows. Silver is both a precious and an industrial metal and its long history of incredible price volatility at times has caused speculators to flock to the […]

SILVER 1 OZ 999 NY (XAG=X) Prices Weaker On Bearish Outside Markets

SILVER 1 OZ 999 NY (XAG=X) Prices Weaker On Bearish Outside Markets

SILVER 1 OZ 999 NY (XAG=X) Prices Weaker On Bearish Outside Markets September silver futures bears have the solid overall near-term technical advantage. Silver bulls’ next upside price breakout objective is closing prices above solid technical resistance at $15.75 an ounce. The next downside price breakout objective for the bears is closing prices below solid […]

Copper Prices Suffer Trade War Sell Off

Copper Prices Suffer Trade War Sell Off

Copper Prices Suffer Trade War Sell Off The price of copper fell this week to 2.80 U.S. dollars a pound amid U.S. protectionist tariff moves, the Chilean Copper Commission (Cochilco) said on Friday. Such moves “undercut expectations of a quick recovery in the price of the metal,” Cochilco said. As Chile’s main export product, copper […]

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing $USO, $OIL, $GLD, $SLV, $CU Commentary: Nothing new. PE ICE Brent Crude at 73.36 and NYMEX WTI Crude at 68.95 bounced supports, and they could start moving up medium term towards 78 and 72 in here. Gold at 1216.20 came off and can test to 1200 next week. Then a bounce from 1200 is […]

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing $USO, $OIL, $GLD, $SLV, $CU Commentary: Nothing new. PE ICE Brent Crude at 72.79 has come down, it could test 72.50 before the price could rise back over the next couple sessions. Support is likely to hold and could possible take the price higher soon. Nymex WTI at 67.97 sees support at […]

SILVER 1 OZ 999 NY (XAG=X) solid overall near-term technical advantage

SILVER 1 OZ 999 NY (XAG=X) solid overall near-term technical advantage

SILVER 1 OZ 999 NY (XAG=X) solid overall near-term technical advantage The silver market saw lackluster activity for the second consecutive month. The LBMA said that the volume of silver traded last month dropped by 1.2% to 229.1 million ounces. Silver prices were relatively stable in June with the LBMA reporting an average price of […]

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing $USO, $OIL, $GLD, $SLV, $CU Commentary: Nothing new. PE NYMEX WTI Crude at 68.35)could bounce from support at 68. There is little support below 68. ICE Brent Crude at 73.89 came off from 76 and continues to lower. A test of support at 72.50 is possible now. Note: Both the Crude Oil […]

SILVER 1 OZ 999 NY (XAG=X) awaiting the results of the latest FOMC meeting

SILVER 1 OZ 999 NY (XAG=X) awaiting the results of the latest FOMC meeting

SILVER 1 OZ 999 NY (XAG=X) awaiting the results of the latest FOMC meeting Silver futures positions held are rapidly approaching levels that in the past have marked the start of strong rallies higher. This week, traders are awaiting the results of the latest FOMC meeting. No rate hikes are expected at this latest sit-down, […]

SILVER 1 OZ 999 NY (XAG=X) Heffx Issues a Buy Rating

SILVER 1 OZ 999 NY (XAG=X) Heffx Issues a Buy Rating

SILVER 1 OZ 999 NY (XAG=X) Heffx Issues a Buy Rating Despite bullion’s current lack of popularity, it tends to react well to ballooning government deficits and debts, which is what’s been happening in the US. Overall, the bias in prices is: Downwards. Note: this chart shows extraordinary price action to the downside. By the […]

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing $USO, $OIL, $GLD, $SLV, $CU Commentary: Nothing new. PE NYMEX WTI Crude at 68.82, +0.19% at 1st support, while that holds, a fall below 68 seems unlikely. A rise from 68 is possible in here, targeting 71. Near term looks Bullish above 68. ICE Brent Crude at 74.22, -0.09% is […]

SILVER 1 OZ 999 NY (XAG=X) no major fundamental news

SILVER 1 OZ 999 NY (XAG=X) no major fundamental news

SILVER 1 OZ 999 NY (XAG=X) no major fundamental news Gold prices are moderately lower and silver prices are slightly down in early U.S. trading Thursday. Bearish near-term technical postures for gold and silver combined with no major fundamental news to drive the markets at present are allowing both metals prices to drift sideways to […]

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing $USO, $OIL, $GLD, $SLV, $CU Commentary: Nothing new. PE NYMEX WTI Crude at 69.55 can test at 71-72 before comes off medium term. We wait, we watch for now. ICE Brent Crude at 74.40 has bee moving up fro support at 71, while that holds the price may target 76 soon. […]

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing $USO, $OIL, $GLD, $SLV, $CU Commentary: Nothing new. PE NYMEX WTI Crude at 69.40, and ICE Brent Crude at 74.41 are trying to move up, while that continues, WTI Crude could move up towards 71-72 while Brent Crude could test 76+  near term. Gold (1232.40) if sustains a rise above 1230, could […]

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing $USO, $OIL, $GLD, $SLV, $CU Commentary:  Not much strength is seen in the commodities in here. Crude Oil and Gold prices look Bearish, while Copper could remain ranged now. PE NYMEX WTI Crude at 68.80 and ICE Brent Crude 73.91 have risen from supports, and while they hold, the prices may […]

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing $USO, $OIL, $GLD, $SLV, $CU Commentary:  Not much strength is seen in the commodities in here. Crude Oil and Gold prices look Bearish, while Copper could remain ranged now. PE NYMEX WTI Crude at 67.66,-0.34% dipped and has room to 66-65, while ICE Brent Crude at 72.77, -0.36% could also […]

SILVER 1 OZ 999 NY (XAG=X) Prices Weaker As Charts Still Bearish

SILVER 1 OZ 999 NY (XAG=X) Prices Weaker As Charts Still Bearish

SILVER 1 OZ 999 NY (XAG=X) Prices Weaker As Charts Still Bearish Precious metals gold and silver were trading flat in the morning deals on Monday. The $15.50 level has offered resistance though, and I think it represents a cluster of major supply. Because of this, I don’t know how much farther we go, at […]

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing $USO, $OIL, $GLD, $SLV, $CU Commentary: Nothing new. PE NYMEX WTI Crude at 68.10, -0.23% has room in the Southside to 65 and if the price falls, it likely drags ICE Brent Crude 72.85, -0.30% lower levels in here. Note: 70-71 is important support for ICE Brent Crude and is likely to […]

SILVER 1 OZ 999 NY (XAG=X) Priced Focused on the Dollar this Week

SILVER 1 OZ 999 NY (XAG=X) Priced Focused on the Dollar this Week

SILVER 1 OZ 999 NY (XAG=X) Priced Focused on the Dollar this Week The price of precious metals fell week-on-week for the second consecutive week in the period between July 15 and 20 due to strengthening of the dollar and drop in oil prices. Metals traders will remain focused on the dollar this week after […]

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing $USO, $OIL, $GLD, $SLV, $CU Commentary: Nothing new. PE NYMEX WTI Crude at 68.10, -0.21%, and ICE Brent Crude at 72.56, -0.03% are hanging just above important support. Brent Crude could spend some time ranged within 74-71. WTI Crude has room on the Southside to 66.0-65.50,which is likely to hold […]

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing $USO, $OIL, $GLD, $SLV, $CU Commentary: Nothing new. PE NYMEX WTI at 68.81 is up from 67, while the price trades higher, it can test at 72. But, a fall from 70 open the way to 66-65 medium term. For now while above 67, price might move higher. ICE […]

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing $USO, $OIL, $GLD, $SLV, $CU Commentary: Commodities are in a downtrend and under strong Bear influence. PE Note: Crude Oil prices continue to fall on increased supply and reduced demand from China. Libyan production is rising, as is Russian output, and Saudi Arabia is pumping record volumes which is […]

SILVER 1 OZ 999 NY (XAG=X) Hits 12 Month Low

SILVER 1 OZ 999 NY (XAG=X) Hits 12 Month Low

SILVER 1 OZ 999 NY (XAG=X) Hits 12 Month Low The silver bears have the solid overall near-term technical advantage. Silver bulls’ next upside price breakout objective is closing prices above solid technical resistance at the July high of $16.26 an ounce. The next downside price breakout objective for the bears is closing prices below […]

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing $USO, $OIL, $GLD, $SLV, $CU Commentary:Nothing new. PE ICE Brent Crude 72.25, +0.57% below support at 73 and now targets 70. The sharp fall in Crude Oil prices came in after comments from US Treasury Secretary Steven Mnuchin stated that the administration will consider the use of waivers for countries to […]

SILVER 1 OZ 999 NY (XAG=X) Slip Amid Steep Drop In Crude Oil

SILVER 1 OZ 999 NY (XAG=X) Slip Amid Steep Drop In Crude Oil

SILVER 1 OZ 999 NY (XAG=X) Slip Amid Steep Drop In Crude Oil Gold and silver prices were modestly lower in early-afternoon U.S. trading Monday. Both markets are hovering near their 12-month lows set last week. Scant risk aversion in the marketplace the past several weeks has most traders and investors avoiding the safe-haven metals. […]

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing $USO, $OIL, $GLD, $SLV, $CU Commentary:Nothing new. PE ICE Brent Crude at 74.84, -0.65% bounced from support, while that holds, Brent Crude is Bullish to 78-79 near term. NYMEX WTI Crude at 70.60, -0.58% has room on the Southside but may come 73 on a rise in Brent Crude, may not […]

Silver Markets may see possible correction towards 16.46

Silver Markets may see possible correction towards 16.46

Silver Markets may see possible correction towards 16.46 The strong dollar looks likely to remain a significant headwind for gold this week, with bearish price action in the precious metal looking set to continue despite growing risk aversion. Metals traders will be looking ahead to Federal Reserve Chairman Jerome Powell’s testimony on the economy and […]

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing $USO, $OIL, $GLD, $SLV, $CU Commentary:Commodities may pause in here. Copper, Gold and Silver are likely to come off in the medium term, and Crude prices are weak. PE ICE Brent Crude at 74.17, -0.38% has some support in here, and could bounce over the next few sessions targeting 77 […]

SILVER 1 OZ 999 NY (XAG=X) See Corrective Rebounds

SILVER 1 OZ 999 NY (XAG=X) See Corrective Rebounds

SILVER 1 OZ 999 NY (XAG=X) See Corrective Rebounds September silver futures bears have the firm overall near-term technical advantage as prices hit a 12-month low overnight. Silver bulls’ next upside price breakout objective is closing prices above solid technical resistance at $16.565 an ounce. The next downside price breakout objective for the bears is […]

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing $USO, $OIL, $GLD, $SLV, $CU Commentary:Commodities may pause in here. Copper, Gold and Silver are likely to come off in the medium term, and Crude prices are weak. PE ICE Brent Crude 74.62 and NYMEX WTI Crude at 70.76 have fallen sharply. Note: Crude Oil prices started falling yesterday after […]

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing $USO, $OIL, $GLD, $SLV, $CU Commentary:Commodities may pause in here. Copper, Gold and Silver are likely to come off in the medium term, and Crude prices are also set dip. PE ICE Brent Crude at 78.08 dipped from  78.80 seen Tuesday. Near term trade within 77-79 is possible, and […]

Silver Prices Down Amid Scant Risk Aversion

Silver Prices Down Amid Scant Risk Aversion

Silver Prices Down Amid Scant Risk Aversion Silver prices are moderately lower in early U.S. trading Tuesday. The safe-haven metals are suffering from a perceived lack of geopolitical risks in the marketplace at present. A higher U.S. dollar index today is also a negative for the precious metals markets. August gold futures were last down […]

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing $USO, $OIL, $GLD, $SLV, $CU Commentary: Still seeing weakness across the board in commodities driving down Crude Oil prices. PE ICE Brent Crude at 78.37 is stable and unable to decide which direction in here. North is limited to 80-81 and will hold for now. A test at 79-80 near term, followed […]

Silver Trade Higher in Morning Trade

Silver Trade Higher in Morning Trade

Silver Trade Higher in Morning Trade Precious metals gold and silver were trading higher in the late morning deals on Monday. Holdings of the largest silver-backed exchange-traded-fund (ETF), New York’s iShares Silver Trust SLV, stood at 10087.04 tonnes, remain unchanged from the previous business day. Overall, the bias in prices is: Downwards. By the way, […]

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing $USO, $OIL, $GLD, $SLV, $CU Commentary: Still seeing weakness across the board in commodities driving down Crude Oil prices. PE ICE Brent Crude at 77.50, and NYMEX WTI Crude at 74.12 look like they want come off to test to 75 and 65 respectively before moving up medium term. Note:Immediate view is […]

SILVER 1 OZ 999 NY (XAG=X) Rebound From Multi-Month Lows

SILVER 1 OZ 999 NY (XAG=X) Rebound From Multi-Month Lows

SILVER 1 OZ 999 NY (XAG=X) Rebound From Multi-Month Lows Silver prices are moderately higher in early U.S. trading Tuesday, on some short covering in the futures markets and perceived bargain-basement buying in the cash markets.silver prices are moderately higher in early U.S. trading Tuesday, on some short covering in the futures markets and perceived […]

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing $USO, $OIL, $GLD, $SLV, $CU Commentary: Still seeing weakness across the board in commodities driving down Crude Oil prices. PE ICE Brent Crude at 77.15 seeing Brent Crude falling from current marks to 76 near term on supply/demand concerns. NYMEX WTI at 72.82 could test 68 near to medium term before […]

1 2 3 9