Gold and gold stocks especially continue to shrug off bits and pieces of bad news. No escalation in the trade war? The selloff lasted one day and the sector rebounded strongly the following day. Strong headline jobs number? Again, the weakness was a buying opportunity....
Jordan Roy-Byrne, CMT
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July 16, 2019
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EUR/USD Our yesterday’s commentary on this currency pair mentions the bears’ problems with breaking below the orange support zone. It also notes the potential implications of this situation. What happened after our Forex Trading Alert w...
Nadia Simmons
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October 31, 2019
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Let's take a closer look at the chart below (chart courtesy of www.stooq.com ) and assess the likely crude oil price path ahead. Yesterday, we wrote: (…) On Friday, crude oil futures bounced off the green gap, which brought about quite a sharp move to the upside....
Nadia Simmons
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November 20, 2019
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Technical analyst Clive Maund discusses gold's recent price decline and how that could be setting it up for a sustainable breakout. The rather sharp drop in gold late last week, especially on Friday, came as something as a shock to many investors in the sector, yet as w...
Streetwise Reports
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March 5, 2019
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Technical analyst Clive Maund charts the latest moves in the gold and precious metals markets. It's a case of "so far so good" for gold, which is breaking out on schedule from its giant, complex, head-and-shoulders base, which may also be classified as a saucer bas...
Streetwise Reports
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July 23, 2019
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Gold has been rallying strong over the summer 2019 only to fall back into a three-month consolidation between September and December. Now after a crazy spike towards US$1,610, gold is yet again in a consolidation. However, the remaining downside seems to be limited and it is p...
Florian Grummes
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February 19, 2020
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Stocks were mixed on Wednesday, as investors hesitated following Tuesday’s decline. The S&P 500 index reached the new record high of 2,964.15 on Friday. Then it broke below the 2,950 mark and it retraced most of the recent rally. So was it a downward reversal o...
Paul Rejczak
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June 27, 2019
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Stocks retraced their Thursday’s advance on Friday, as investors continued to hesitate following the recent record-breaking rally. The S&P 500 index got back below the 3,000 mark again, following bouncing off the resistance level. Is this a topping pattern or j...
Paul Rejczak
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July 22, 2019
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The tensions in the oil market are very palpable, and today is no exception to strong moves. Can we talk about a bottom in sight? Let’s take a closer look at the chart below (chart courtesy of www.stooq.com ). In our Friday’s Alert...
Nadia Simmons & Przemyslaw Radomski
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March 17, 2020
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Quite a few journalists wrote about gold’s breakout in the previous days even though gold made an attempt to break above the key resistance – the mid-2013 high – only today (and it failed). At the same time, when the gold to silver ratio was breaking out in a c...
Przemyslaw Radomski, CFA
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June 26, 2019
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