Gold •136 days | 2,368.70 | +35.30 | +1.51% | |
Platinum •10 mins | 945.10 | +1.10 | +0.12% | |
WTI Crude •1 day | 67.02 | -1.68 | -2.45% | |
Gasoline •1 day | 1.949 | -0.032 | -1.63% | |
Ethanol •136 days | 2.161 | +0.000 | +0.00% | |
Silver •136 days | 30.82 | +1.16 | +3.92% |
Silver • 136 days | 30.82 | +1.16 | +3.92% | ||
Copper • 136 days | 4.530 | +0.111 | +2.51% | ||
Brent Crude • 1 day | 71.04 | -1.52 | -2.09% | ||
Natural Gas • 1 day | 2.823 | +0.038 | +1.36% | ||
Heating Oil • 1 day | 2.171 | -0.041 | -1.87% |
In our opinion, speculative short positions are favored (with stop-loss at 2,410, and profit target at 2,200, SP500 index). Our intraday outlook is bearish, and our short-term outlook is bearish.…
GBP/USD is consolidating lower after sharp bullish rally. Resistance at 1.2905 (18/04/2017 low) has been broken. The pair has exited the short-term bearish momentum. Hourly support can be found at…
On the heels of gold and silver continuing to consolidate gains, the war in the gold and silver markets continues as the commercials (Fed, BIS, bullion banks) shorts in the…
My Bias: Long towards 1550. Wave Structure: ZigZag correction to the upside. Long term wave count: Topping in wave (B) at 1500. Important risk events: USD: Unemployment Claims, Core Durable…
So far, Trump has backed away, reversed positions, or failed in nearly everything he has tried to do or stood for in the election: Russia policy, Syria, getting Mexico to…
Any failure by Congress to address runaway spending will mean bigger deficits paid for in the usual way - more borrowing and printing. That should ultimately benefit precious metals markets.
Short term Elliott Wave view in USDCAD suggest the decline to 1.322 ended Intermediate wave (X). Revised view suggests that the rally from there is unfolding as a double three…
The news of the day today - at least, from the standpoint of someone interested in inflation and inflation markets - was President Trump's announcement of a new tariff on…
Gold keeps on weakening since the yellow metal has faded near the hourly resistance at 1295 (18/04/2017 high). Support can be located at 1261 (intraday low). The road is wideopen…
On Friday, April 28, the BEA will release its preliminary estimate for first quarter GDP. Prior to that release, here is a compilation of six estimates from ZeroHedge, GDPNow, Nowcast,…