Analysis Topic: Commodity Markets - Metals, Softs & Oils

The analysis published under this topic are as follows.

Tuesday, May 09, 2017

USD’s Likely Bottom Implications for Gold and Silver / Commodities / Gold and Silver 2017

By: P_Radomski_CFA

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.

Monday, May 08, 2017

Gold and Silver Proprietary Cycle Indicator is Down / Commodities / Gold and Silver 2017

By: The_Gold_Report

Technical analyst Jack Chan charts the latest moves in the precious metals markets.

Our proprietary cycle indicator is down.

Monday, May 08, 2017

Why Gold Is Set For An Epic Rally This Spring / Commodities / Gold and Silver Stocks 2017

By: OilPrice_Com

Monday, May 08, 2017

... / Commodities / Gold and Silver Stocks 2017

By: OilPrice_Com

Sunday, May 07, 2017

Sell Gold in May and Go Away / Commodities / Gold and Silver 2017

By: Submissions

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.

Saturday, May 06, 2017

Plunger’s Big Trade Update & Gold Stocks GDXJ update / Commodities / Commodities Trading

By: Plunger

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.

Saturday, May 06, 2017

Gold And Silver – Asylum Globalists Still Prevail / Commodities / Gold and Silver 2017

By: Michael_Noonan

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.]

Friday, May 05, 2017

Gold-Futures Stocks Shorting Attacks / Commodities / Gold and Silver Stocks 2017

By: Zeal_LLC

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.

Friday, May 05, 2017

French Elections, Brexit And Gold / Commodities / Gold and Silver 2017

By: Arkadiusz_Sieron

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.

Friday, May 05, 2017

Gold Stocks and Silver Nearing Relief Rally / Commodities / Gold and Silver Stocks 2017

By: Jordan_Roy_Byrne

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.

Friday, May 05, 2017

Gold Price Cycle Low Update / Commodities / Gold and Silver 2017

By: SurfCity

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).

Friday, May 05, 2017

Nervous Breakdowns in the Gold and Silver Precious Metals Markets / Commodities / Gold and Silver 2017

By: Rambus_Chartology

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.

Friday, May 05, 2017

Gold Stocks Huey Looking Haggard These Days, But… / Commodities / Gold and Silver Stocks 2017

By: Gary_Tanashian

HUI is torn, frayed and downright bearish. What’s more, it’s been bearish since it started to drop from the SMA 200 failure point.

In NFTRH, we managed bounce #1 (off the Dec. low) as just that, a bounce. Then we managed bounce #2 as just that, a bounce. It doesn’t take a trained eye to see why; only a rise above the October high would have set an uptrend for bounce #1 and a rise above the February high would have set an uptrend for bounce #2.

Friday, May 05, 2017

Gold Miner Stocks, Metal Proxies and Gold Bugs in Hades ? or just close / Commodities / Gold and Silver Stocks 2017

By: Denali_Guide

In a place called PURGATORY, hundreds of Gold Miner Stocks, and thousands of GoldBugz find themselves stranded today as the bodies of JNUG and GDXJ twist in the wind, as they wait to be cut down from the gallows of the GDX / GDXJ RE-Balance.

Thursday, May 04, 2017

Sign of Gold and Silver Stocks Outperformance / Commodities / Gold & Silver Stocks 2017

By: P_Radomski_CFA

Precious metals moved visibly lower yesterday, but we can’t say the same about gold and silver mining stocks. The miners refused to follow the metals lower and the question is if this is a sign of a local (or major) bottom.

In our opinion, it’s too early to say so. Miners did outperform yesterday, but due to the recent major technical development (namely, the breakdown below the key long-term support line), the implications are not necessarily bullish.

Thursday, May 04, 2017

Silver Bullion On Sale After 10.6% Fall In Two Weeks / Commodities / Gold and Silver 2017

By: GoldCore

– Silver down for eleven consecutive days to $16.80/oz
– Further weakness possible and support at $15.73/oz
– Never catch a falling knife – dollar cost average
– Silver buyers love manipulative futures selling
– Thank you ‘Gold and Silver Cartel’ !

Wednesday, May 03, 2017

DOE Uranium Reduction Should Help Boost Market / Commodities / Uranium

By: The_Energy_Report

Department of Energy Secretary Rick Perry issued a determination that reduces the amount of uranium the department can transfer in 2017 and 2018; the reduction should give a boost to uranium producers.

Every two years the Secretary of Energy is required to determine the amount of uranium allowed to be transferred to support the clean-up work at the Portsmouth Gaseous Diffusion Plant in Ohio. On April 26, Secretary of Energy Rick Perry released a determination to permit transfers of 1,200 metric tons of uranium (1,200 MTU) per year, down from 1,600 MTU.

Tuesday, May 02, 2017

Hi Yo Silver! Sort Of… / Commodities / Gold and Silver 2017

By: Kelsey_Williams

In January, 1980 silver peaked at close to $50.00 per ounce and gold hit its high point of approximately $850.00 per ounce. Thirty-one years later, in 2011, both metals again reached lofty levels.

For gold, the new high point was $1900.00 per ounce.  For silver, the number was $50.00 per ounce; again.

Six years later, as of this writing, gold is priced at $1260.00 per ounce. Silver is at $17.00 per ounce and change.

Monday, May 01, 2017

Cocoa Commodity Buying Opportunity / Commodities / Cocoa

By: Austin_Galt

I last analysed the cocoa price in March 2015 in a report titled Cocoa Technical Outlook. Since then price has traded exactly as outlined. Below is the yearly chart from that analysis.

Saturday, April 29, 2017

Gold Hostage to Stocks / Commodities / Gold and Silver 2017

By: Zeal_LLC

Gold has had a wild ride since Trump's surprise election win in early November.  This metal first plunged then surged, ultimately making little headway. It wasn't until mid-April that gold regained its pre-election levels. This overall lackluster gold action was confounding given all the mounting uncertainties.  But it once again highlights that gold investment demand is often hostage to the US stock markets' fortunes.

Before the election, gold surged every time Trump appeared to advance in the polls. Trump had a well-earned reputation as a loose cannon, implying far greater unpredictability. Increasing prospects of a Trump victory drove gold to $1305 the Friday before the election. But that weekend the FBI cleared Clinton again on her classified-e-mail front. So gold sold off sharply on rising odds Clinton would indeed win.