Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.Wednesday, May 10, 2017
Gold False Reversal? / Commodities / Gold and Silver 2017
Gold likes to print false reversals to sucker in longs too early. I'm not convinced the daily cycle has bottomed yet.
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Wednesday, May 10, 2017
Precious Metals Bottoming In The Upcoming Week? / Commodities / Gold and Silver 2017
By Avi Gilburt : First published on Saturday May 6 for members of ElliottWaveTrader.net: Last week, I noted that we still likely have lower levels to strike in this complex, but that I expect the market to set up a bottom very soon. I still maintain that expectation as I write this.
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Wednesday, May 10, 2017
Gold: A Tsunami of Selling, Gold Stocks Buying Opportunity of the Decade / Commodities / Gold and Silver Stocks 2017
A chain reaction is forming the last great gold stock buying opportunity of the decade, says Lior Gantz, editor of Wealth Research Group.
want you to take a close, hard look at this chart:
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Wednesday, May 10, 2017
5 Clean Energy Innovations That Could Transform Our World / Commodities / Renewable Energy
By Zainab Calcuttawala - Innovations in energy storage, smart grid, and electricity generation technologies will affect every part of the source-to-consumer supply chain for powering the planet. Energy storage tech improves the viabilities of wind and solar power – two energy sources that remain cost prohibitive due to expenses related to batteries that would store generated energy. Smart grids will regulate the movement of energy throughout a city or state, insuring the areas from crippling blackouts. Developments in electricity generation make sure we make the most out of fossil fuels and other energy sources to improve efficiency.
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Tuesday, May 09, 2017
How Much Is Gold Really Worth? / Commodities / Gold and Silver 2017
How much is gold really worth? The answer we get depends on who we ask and what their opinion is.
Everyone has an opinion as to what something is worth, whether the object of consideration is their home, a late grandfather’s pocket watch, or a specific stock. In that respect, gold is no different.
The price of a specific item or asset at any given time is a reflection of all those varying opinions. Some are based on fundamentals, some are based on technical factors. But the combination of all the opinions, and the resulting expectations (some expect the price to go up, others expect it to go down or remain the same), plus all of the other known factors at the time that might possibly impact the price, provide us with the clearest possible indication of current value for the item in question: its market price.
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Tuesday, May 09, 2017
Commodities Trading and Investing: Inside Look at 18+ Top Markets / Commodities / Commodities Trading
Dear reader,
Our partners at Elliott Wave International, the world’s leader in Elliott wave analysis since 1978, have some exciting news!
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Tuesday, May 09, 2017
Bull Run for Gold Sheer Fantasy or is it Forming the Base for the Next Up Leg? / Commodities / Gold and Silver 2017
A complex system that works is invariably found to have evolved from a simple system that works. John Gall
The Gold bugs and Gold experts must be going through hell; almost seven years later and the Gold Markets refuse to follow the path these individuals have laid out for it. Proclamation after proclamation has failed, and the detested dollar much to their angst and surprise has continued to trend higher. Inflation has not taken off as they expected; well at least based on the distorted figures the government issues. The masses believe this data is real and that is all that matters in the end. Truth or a lie is based on a perception and perceptions are driven by emotions, which means that everything is up for debate. What holds true today might not hold true tomorrow or what is deemed valid today might be deemed as rubbish tomorrow.
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Tuesday, May 09, 2017
Gold Will Soar to $8000 as We Return to the 1970's Style Inflation / Commodities / Gold and Silver 2017
By Peter Ginelli : In 1977 I started my first year in college. Our newly elected president Jimmy Carter, had been sworn into office just a short time earlier and things were pretty normal. America was still trying to put President Nixon and Ford's Watergate era behind and start fresh with a newly elected president who had no connection with that national scandal. Much like today with the election of president Donald Trump, the American people were filled with hope that Jimmy Carter will bring in the much needed change after a long period of uncertainty and national crisis.
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Tuesday, May 09, 2017
USD’s Likely Bottom Implications for Gold and Silver / Commodities / Gold and Silver 2017
The medium-term trends in gold are reflected by the medium-term trends in the USD Index and that’s been the case for many years. Naturally, there are deviations from this rule, but generally, it has to be the case simply because gold is priced in the US dollar. Consequently, it is very important for precious metals investors and traders to monitor the USD Index as signs of bottoms likely indicate lower prices for PMs in the following weeks.
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Monday, May 08, 2017
Gold and Silver Proprietary Cycle Indicator is Down / Commodities / Gold and Silver 2017
Technical analyst Jack Chan charts the latest moves in the precious metals markets.
Our proprietary cycle indicator is down.
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Monday, May 08, 2017
Why Gold Is Set For An Epic Rally This Spring / Commodities / Gold and Silver Stocks 2017
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Monday, May 08, 2017
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Sunday, May 07, 2017
Sell Gold in May and Go Away / Commodities / Gold and Silver 2017
By Jack Huyn: Recently I have read some commentaries state that the old saying "Sell in May and Go Away" might work great for stocks, but it's not the wisest choice when it comes to gold this year. According to these commentaries, gold maintained its upward momentum in April following a very positive first quarter. Despite last week’s retreat to $1,225/ounce, gold's fundamental case remains solidly intact, and additional gains are anticipated as 2017's second half approaches.
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Saturday, May 06, 2017
Plunger’s Big Trade Update & Gold Stocks GDXJ update / Commodities / Commodities Trading
GDXJ-
One can see from Rambus’ below charts that it appears the PM stocks are still early on in the decline process. I would agree, but of course stocks don’t move in a straight uninterrupted line. Therefore I would suggest we are due for a bit of an upward retracement soon. I claim this on the following basis: RSI is now significantly oversold and is now putting in a positive divergence (note red line). Also stochastics are extended to full range and appear to be in the first stage of turning up. We have reached its measured move as depicted. Also its reached the boundary of its Bollinger Band, (altough not outside of it). As a result I covered my short today and actually went long JNUG and some selective shares. I am looking for no more than a bounce up. It may look like a BT to the red bear flags Rambus has drawn in the below charts. I am not advocating others do the same just discussing trading opportunities.
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Saturday, May 06, 2017
Gold And Silver – Asylum Globalists Still Prevail / Commodities / Gold and Silver 2017
Usually, we endeavor to tie in our commentaries to gold and silver, sometimes straining the association, but in reality, there is much more affecting the price of PMs than meets the obvious. There can be no question that the globalists running the federal government of the United States have been actively suppressing the price of gold directly since 1933, when the moneychangers shut down the US banking system and reopened it five days later, totally under the control of the Federal Reserve, owned specifically by foreign banking interests. [The Federal Reserve has never been a part of the US government. The globalists have let the world think that it is. Deception is one of their main ruses.]
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Friday, May 05, 2017
Gold-Futures Stocks Shorting Attacks / Commodities / Gold and Silver Stocks 2017
Gold has suffered a sharp pullback over the past couple weeks, stoking much bearish sentiment. While a variety of factors fed this selloff, the precipitating catalyst was a gold-futures shorting attack. These are relatively-rare episodes of extreme selling specifically timed and executed to manipulate gold prices lower rapidly. Traders need to understand these events, which are inherently self-limiting and soon bullish.
Gold-futures shorting attacks are very real, with telltale volume and price signatures unlike anything else. I’ve studied them for many years now, and have written extensively about them in our newsletters as they occur. But it’s critical to realize these rare events are only responsible for a tiny fraction of all gold selling. The vast majority of the time gold selloffs are driven by other far-more-normal factors, not shorting attacks.
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Friday, May 05, 2017
French Elections, Brexit And Gold / Commodities / Gold and Silver 2017
The first round of the French presidential elections is behind us. Now, the main developments in Europe which may affect the gold market – except the turmoil in the still fragile banking sector – are a run-off in France and Brexit. Let’s analyze them and their potential impact on the gold prices.
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Friday, May 05, 2017
Gold Stocks and Silver Nearing Relief Rally / Commodities / Gold and Silver Stocks 2017
The past few weeks have been rough for precious metals. Gold had climbed all the way to $1297/oz but the other parts of the sector (Silver and the gold stocks) failed to confirm the move. They have since fallen off a cliff. Over the past 14 days, GDX has lost 15% while GDXJ has declined 20%. Silver during that span has declined every day. Yes, Silver has declined 14 consecutive days. Gold still has some “catching down” to do (with the rest of the sector) but the gold stocks and Silver are oversold and nearing a bounce.
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Friday, May 05, 2017
Gold Price Cycle Low Update / Commodities / Gold and Silver 2017
Seems everyone (me included) is trying to spot when the next Intermediate Low in Gold and PMs will be. Again, one of the things I am looking for is a failed short term Trading Cycle to confirm the move into the next Intermediate Low.
Well we now have Failed Trading Cycles in Silver and two Failed Cycles in GDX and GDXJ. Silver and the GDXJ are very oversold here so could we be nearing an Intermediate Bottom (RSI, MACD and Slow Sto are all at or approaching ICL levels)? But Gold is the Cycle driver and the Gold chart is giving me some issues (see my next section).
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Friday, May 05, 2017
Nervous Breakdowns in the Gold and Silver Precious Metals Markets / Commodities / Gold and Silver 2017
The internet is slower than molasses in January and hard to annotate charts, but I got a few updated. Below is the combo chart for the PM complex we’ve been following which shows the dominate pattern being the triangle consolidation pattern. Just before I left the price action was breaking out below the bottom rail and I was looking for a possible backtest to the underside to take one last position. Some had a complete backtest but others didn’t. If you were lucky enough to get that last position great job.
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