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Market Updates

A Precise Forecast for the Coming Blowoff in Crude

The rally begun two years from $6.50/bbl amidst fears of a Covid-caused Depression ranks as one of the most spectacular and consequential in history..

Gold Buying Opportunity

Gold potential spots for a bottom, $1,960 area but more likely is $1,920 for the daily cycle low bottom. Then gold is going to break through the gigantic cup & handle meaning that $5,000-$10,000/oz ..

Asian Metals Market Update: De-globalization, localization and protectionism

De-globalization, localization and protectionism will now catch up among nations in a big way. The Chamaeleon, has shown its true colors.

Gold: Chasing Price Feels Very Nice!

It’s rare that I suggest that gold market investors should engage in “price chasing”. The 1970s were a time to do it.  So was 2009. When price rallies to the neckline..

War: Gold, Silver & Energy Stock Plays

Technical stock chart updates on $GDX, $XME, $FCX, $LMT, $NUGT and more.

COT Gold, Silver & USDX Report - March 4, 2022

Positions as of Tuesday, March 1, 2022.

Gold Video Update: Market keeps fighting the upper Bollinger Band

Gold has support at $1,916, a break brings ins $1,890 area into play. The pattern remains bullish. Market keeps fighting the upper Bollinger Band.

Gold Video Update: Fed Powell Spoke, Gold $2,000

He stated they will raise rates by a 1/4 point. But we don't know where we will be in 10 days from now. Inflation remains red hot and supply issues are adding big pressures. The gold price targeting $2,000.

Asian Metals Market Update: The Federal Reserve Meeting

Federal Reserve will raise interest rates by 0.25% in its March 16 meeting. Now traders will not bother about surprises in Federal Reserve meeting.

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