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Gold Breakout Not Confirmed Yet

Gold has broken out from a two-month-long consolidation (from $1680 to $1770), but the other precious metals markets have not confirmed Gold's strength. The gold stocks (GDX, GDXJ) remain below their May highs while Silver remains below significant, multi-year resistance ...

Avid Bioservices' Shares Rise on Q2/20 Earnings and Confirmed Outlook

Shares of Avid Bioservices traded higher today, reaching a new 52-week high, after the firm reported Q2/20 earnings and reaffirmed its revenue guidance for Full-Year 2020. After the U.S. financial markets closed yesterday, biologics contract development and manufactur...

Record prices and takeover rumors confirmed! Almonty, D-Wave, and Oklo in the spotlight

What could be better than takeover rumors? For weeks, there have been persistent discussions about state participation in companies that support the Western supply chain for critical metals or can secure it in the medium term. Hopes are pinned on the latest developments a...

Jan 31st 2020, Crypto Chartbook – Turning point entry timing

Turning point entry timing A turning point in most cases isn’t evolving from a down to up price movement. There is a sideways period, an entry zone rather than a specific price. Prices meander around for a period of time. It is obvious that, just because a...

Will Gold Decline As Economies Gradually Reopen?

Half the US States and countries like Italy and Germany are gradually easing lockdowns. Taking measured steps, the moves are broadly cheered. Rightfully so? And what does the reopening mean for the gold market? Epidemics: Bad, Good, and Ugly By May 6, 2020, more than t...

Is Oil On the Way Up Now?

Crude oil soared higher yesterday and also in today’s pre-market trading, which shows you why it was a good idea to remain cautious yesterday, even despite crude oil’s breakdown below the rising support line. We previously wrote the foll...

Jan 14th 2020, Silver Chartbook – An early stab

An early stab Participating in the markets is full of conflicts. This is due to the fact of the high variability of the market which has as such many choices and many moving parts. In this week´s case we have a confirmed short signal on the weekly and ...

Gold Juniors Decline While Senior Miners Rally – What Gives?

Do you know what mining companies did yesterday? They verified a major breakdown, confirming the extremely bearish outlook for the following months. What? The miners rallied? Oh, you mean the senior mining stocks ( HUI , GDX…) – then yes, they moved a bit higher. But the junio...

Gold Peeks Above $1,700 amid Coronavirus Fears and Market Turmoil

On Sunday, Italy registered a huge jump in new cases of the COVID-19 , the stock market plunged, while the oil market crashed. Tuesday morning, and Italy is on lockdown. Meanwhile, gold jumped above $1,700. What’s next for the yellow metal? Gold Jumps Above...

Will Fed and Trump Save the US Economy And Sink Gold?

The Trump administration will seek an additional $250 billion to support small businesses hurt by the widespread economic shutdown and slowdown. Will the government and the Fed save the US economy? What would be the consequences for the gold market? US Epidemiological Upda...
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