Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.
Friday, November 03, 2017
Gold Price Reacts as Central Banks Start Major Change / Commodities / Gold and Silver 2017
By: GoldCore
– Bank of England raised interest rates for the first time in ten years
– President Trump announces Jerome Powell as his choice to lead the U.S. Federal Reserve
– Most investors outside the US Dollar and Euro see gold prices climb after busy week of central bank news
– Inflation now at five-year high of 3%
– Inflation, low-interest rate, debt crises and bail-ins still threaten savers and pensioners
Friday, November 03, 2017
We Have A Bifurcated Precious Metals Market / Commodities / Gold and Silver 2017
By: Avi_Gilburt
First published on Sunday Oct 29 for members of ElliottWaveTrader.net: There is no doubt that the action we have experienced in the metals complex in 2017 has been exceptionally frustrating, especially as the market presented us with several break out set ups that did not follow through. And, when a larger bullish structure presents you with break out set ups, probabilities suggest you have to favor those set ups, as I did in 2017.
Friday, November 03, 2017
Analyzing the Mainstream Analysts: Are Silver SLV Holdings Really Plummeting? / Commodities / Gold and Silver 2017
By: GoldSilver
Jeff Clark : It was a headline designed for shock value. The title screamed, Investors Dumping SLV at Fastest Pace in 6 Years!
The headline came from Bloomberg, the epitome of “mainstream” news in my opinion. The article reported that investors were “dumping” holdings in SLV, the largest silver exchange-traded fund. They claimed the silver market had been “hit by a gale force, spurring an exit from ETFs backed by the metal.”
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Thursday, November 02, 2017
Invest In Gold To Defend Against Bail-ins / Commodities / Gold and Silver 2017
By: GoldCore
– Italy’s Veneto banking meltdown destroyed 200,000 savers and 40,000 businesses
– EU bail-in rules have wiped out billions for savers and and businesses, with more at risk
– Bail-ins are not unique to Italy, all Western savers are at risk of seeing savings disappear
– Counterparty-free, physical gold bullion is best defence against bail-ins
Thursday, November 02, 2017
The Next Chair of the Fed and Gold / Commodities / Gold and Silver 2017
By: Arkadiusz_Sieron
Janet Yellen’s term as Federal Reserve chair ends on February 3rd. President Trump is expected to announce the new Federal Reserve Chair very soon, perhaps even this week. He said that we’ll get to know his choice before a tour in Asia in early November. Since that has not taken place so far, we would like to prepare you for the outcomes of Trump’s possible decisions. Moreover, we will analyze which candidate would be the best for the gold market.
Wednesday, November 01, 2017
Stumbling UK Economy Shows Importance of Gold / Commodities / Gold and Silver 2017
By: GoldCore
– UK economy outlook bleak amid Brexit, debt woes and rising inflation
– Confidence in UK housing market at five-year low
– UK high street sales crash at fastest rate since 2009
– Number registering as insolvent in England and Wales hit a five-year high in Q3
– UK public finance hole of almost £20bn in the public finances set to grow to £36bn by 2021-22
– Protect your savings with gold in the face of increased financial woes in UK
This week markets will be watching the UK with baited breath as the Monetary Policy Committee meets this Thursday to discuss a potential rate rise.
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Wednesday, November 01, 2017
How to Start Trading on Gold Commodity / Commodities / Gold and Silver 2017
By: Submissions
Commodities and commodity trading have always been favorite instruments for many global investment managers. Automatically, the capital turnover that occurs in the commodity market is quite competitive. Commodities can be defined as goods that are physically substantial, such as agricultural and mining products. On the commodities, investors or traders can make a purchase or sale either through the futures market or a spot market. The commodity instrument is one of the few investment instruments in which participants with small capital can possibly earn decent profits in a relatively short period of time. CFDs on commodities are also popular, though finding a “place to trade” is something important, and capital.com is one of thereliabletrading platforms.Read full article... Read full article...
Tuesday, October 31, 2017
When Will Rising Yields Benefit Gold? / Commodities / Gold and Silver 2017
By: Jordan_Roy_Byrne
Over the past two years, Gold has been inversely correlated to bond yields. In a low inflation environment, falling bond yields drive real interest rates lower which benefits Gold. Conversely, rising yields are generally negative for Gold. When long-term yields exploded higher in the second half of 2016, Gold declined hard. Now with long-term yields threatening a potential major move higher, Gold and gold stocks have sold off and there is a risk of further losses. However, at somepoint rising yields can push Gold higher.
Tuesday, October 31, 2017
All the Reasons Cryptocurrencies Will Never Replace Gold as Your Financial Hedge / Commodities / Gold and Silver 2017
By: HAA
Olivier Garret : The cryptocurrency craze continues.
Having seen the astounding rise in Bitcoin’s value, those who remained on the sidelines are now kicking themselves for not buying it when it was first released. Surely, they’d be millionaires by now.
But is the meteoric rise of Bitcoin and other cryptocurrencies really an indication of true value?
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Tuesday, October 31, 2017
Gold Price Moved In Price Channel On 4-hour Chart / Commodities / Gold and Silver 2017
By: Franco_Shao
XAUUSD moved within a bearish price channel on its 4-hour chart, indicating that the price remains in the downtrend from 1305.98. Near term resistance is at the top of the channel now at around 1278.50. As long as the channel resistance holds, the downside movement could be expected to continue and next target would be at 1260.55. A breakdown below this level could trigger further decline to 1250 area.
Sunday, October 29, 2017
Uranium URA Intermediate Cycle Update / Commodities / Uranium
By: SurfCity
Friday sure looked like a capitulation day for the Uranium sector and possibly a cycle low is forming but is it just a Trading Cycle Low (TCL/DCL) or perhaps also an Intermediate or Yearly Cycle Low (ICL/YCL) or as well? First, you may wish to review my last update on the sector.
https://surfcity.co/2017/09/21/uranium-ura-energy-cycle/
Six charts below on URA, CCJ and NXE each with two charts. The first for each is a 3 year Weekly showing Intermediate and Yearly Cycle Lows (ICLs & YCLs). These charts make a somewhat compelling case that Friday’s low may well be a longer ICL/YCL but we may also see an undercut low.
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Friday, October 27, 2017
China’s Importance in the Gold Market / Commodities / Gold and Silver 2017
By: Arkadiusz_Sieron
China has been accumulating a lot of bullion over the past decade. It is also the largest producer of gold in the world and – along with India – one of the biggest consumers of the yellow metal. According to the World Gold Council’s data on the second quarter of 2017, China accounts for about 28.6 percent of the jewelry demand, and for about 26 percent of total bar and coin demand. And China – with its almost 1843 tons of gold – owns the fifth largest gold reserves in the world.
Friday, October 27, 2017
Russia Buys 34 Tonnes Of Gold In September / Commodities / Gold and Silver 2017
By: GoldCore
– Russia adds 1.1 million ounces to reserves in ongoing diversification from USD
– 34 ton addition brings Russia’s Central Bank holdings to 1,779t; 6th highest
– Russia’s gold reserves are at highest point in Putin’s 17-year reign
– Russia’s central bank will buy gold for its reserves on the Moscow Exchange
– Russia recognises gold’s role as independent currency and safe haven
Friday, October 27, 2017
Bullish Opportunity in Crude Oil - Watch Out! / Commodities / Crude Oil
By: Enda_Glynn
My Bias: topping in a large correction wave [4].
Wave Structure: Double combination higher in wave [4] red.
Long term wave count: wave [4] target $70
Thursday, October 26, 2017
Eurozone Crisis Is Back, Gold Will Be Safe Haven Again In Looming EU Crisis / Commodities / Gold and Silver 2017
By: GoldCore
– Gold will be safe haven again in looming EU crisis
– EU crisis is no longer just about debt but about political discontent
– EU officials refuse to acknowledge changing face of politics across the union
– Catalonia shows measures governments will use to maintain control
– EU currently holds control over banks accounts and ability to use cash
– Protect your savings with gold in the face of increased financial threat from EU
Thursday, October 26, 2017
XME Miners/Metals ETF Pushing Towards Significant Breakout / Commodities / Metals & Mining
By: Mike_Paulenoff
The SPDR S&P Metals and Mining ETF (XME) could be on the verge of a surprising, very powerful upside breakout after completing a 6-month corrective accumulation period.
After Trump was elected last November, the XME climbed from just under 25 to a February 2017 high at 35.21, or a whopping 41%, in anticipation of the enactment of the Trump agenda, concurrent with lower taxes, stronger economic growth, and upward pressure on inflation.
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Wednesday, October 25, 2017
Is Clark Kent Transforming into Superman? The Buildup in Gold Trading Volumes / Commodities / Gold and Silver 2017
By: GoldSilver
It was one of the coolest scenes in the Adventures of Superman show: Clark Kent ripping back his business suit to reveal the Superman outfit underneath while he sprints to save the day. Probably millions of people have seen that transformation.
Well, a similar transformation may be underway with gold, one that shows this market may be ready to fly…
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Wednesday, October 25, 2017
The 5 Countries That Could Push Oil Prices Up / Commodities / Crude Oil
By: OilPrice_Com
Oil prices appear to be stuck in the $50s per barrel, but that doesn’t mean there aren’t serious supply risks to the market.
An unexpected disruption could occur at any moment, as has happened in the past, leading to a sudden and sharp jump in prices. Geopolitical tension has been largely irrelevant since the collapse of oil prices in 2014, but it’s making a return now that cracks have emerged in some key oil-producing nations. The threat of an outage will carry more weight as the oil market tightens.
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Wednesday, October 25, 2017
2017 Was The Year Of Gold's Consolidation, So What Will 2018 Present? / Commodities / Gold and Silver 2017
By: Avi_Gilburt
One of the most frustrating charts to trade during 2017 has been almost any chart in the metals complex. In fact, if you speak to most metals investors, you would almost think that they have incurred a huge loss in 2017.
But, that is far from the truth. In fact, since we caught the low around 107 in the GLD at the end of 2016, we have seen it rally almost 20% off those lows when it struck its 2017 high back in early September. As I write this article, we are still 13% off those lows.
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Wednesday, October 25, 2017
Silver Is Underperforming Gold / Commodities / Gold and Silver 2017
By: The_Gold_Report
Technical analyst Clive Maund charts silver and discusses its relationship with gold. Like gold, silver now appears to be completing an intermediate Head-and-Shoulders top within a much larger and very bullish Head-and-Shoulders bottom pattern. Both these Head-and-Shoulders tops are related to the Head-and-Shoulders bottom completing in the dollar index, that we look at in the parallel Gold Market update.