Gold •118 days | 2,368.70 | +35.30 | +1.51% | |
Platinum •15 mins | 1,024.80 | -34.50 | -3.26% | |
WTI Crude •10 mins | 69.03 | +1.82 | +2.71% | |
Gasoline •12 mins | 2.002 | +0.050 | +2.57% | |
Ethanol •118 days | 2.161 | +0.000 | +0.00% | |
Silver •118 days | 30.82 | +1.16 | +3.92% |
Silver • 118 days | 30.82 | +1.16 | +3.92% | ||
Copper • 118 days | 4.530 | +0.111 | +2.51% | ||
Brent Crude • 10 mins | 72.90 | +1.78 | +2.50% | ||
Natural Gas • 10 mins | 2.839 | -0.020 | -0.70% | ||
Heating Oil • 10 mins | 2.196 | +0.062 | +2.90% |
Contributor since: 26 Feb 2010
"Despite seasonality beginning to work against gold and silver, there is no bearishness or call to short here. Copper could be set to break out…
Those looking for $1k gold continue to be thwarted as the monetary metals have to prove themselves in the short term by taking out key…
"We've already seen the start of support above the 5-week moving average, about $900, and could see a healthy retracement next week that still won't…
"Though gold moved to record highs again this week, that doesn't rule out the possibility of a corrective phase having begun earlier this month. A…
"The first resistance level in gold [is] at about $890, while ... support [is] at about $861. The wide latitude ... represents a range for…
"Now that gold has hit $900, the question becomes whether this magnetic price that played on the yellow metal for weeks, calling it ever upward,…
"Any perception of the Fed's stinginess might play into a consolidation period for metals and could also start a rally in the dollar that has…
From a technical standpoint, gold still has room to run, at least up to the November high and probably beyond. Whereas the technical picture in…
"The move from a triangle e should be a powerful thrust that breaks out of the triangle. Though Friday's action began strongly, it stalled in…
"If the triangle is going to prove correct, the question becomes whether the e wave low is in place or is another small low to…
"I've been following a fourth wave triangle consolidation pattern in gold that, as the daily chart below reveals, is still valid. Taking out the 50-day…
December 08, 2007 "This update has been writing for weeks that it would be relative weakness in Europe that would cause exchange rates to tip…
"With each passing week, the pressure on the Fed threatens to bubble over, and it's becoming more and more likely the FOMC will again find…
"The power of the Fed to literally change the game... cannot be ignored. Anti-gold forces now stand as ready as ever to force a consolidation…
Rising metals prices ... tend to erode the credibility of fractional reserve lending and fiat currency. In all likelihood the FOMC would lower rates again…
The path of least resistance continues for the moment to be upward... With financial markets undoubtedly improving, stocks performing reasonably well, and gold and oil…
The 5-week simple moving average in gold has been explicitly mentioned in the TTC forums and chatroom as the bare minimum for confirmation of a…
So, we didn't get our liftoff last week exactly as expected, or perhaps it's still playing out, but the issue for the bigger picture in…
"If ... an ongoing correction pattern since the May 2006... proves to be the case, gold will have to plunge at least to the 50-week…
The biggest threat to metals right now is still the May 2006 highs and the perception that we could be in a corrective pattern from…