Markets

Jul 21, 2015 at 05:45

AUD/USD has failed to break the lower bound of the declining channel. The pair is likely to decrease again. Hourly resistance can be found at 0.7539 (03/07/2015 high) and stronger…

Jul 21, 2015 at 05:33

Decline to 89.14 completed wave (W), and pair has since bounced in wave (X) from this level. Short term Elliott Wave view suggests wave (X) bounce is unfolding in a…

Jul 20, 2015 at 11:57

Gold's pull back and failure to hold $1140 an ounce is a surprise. However the strength in the US greenback is more of a surprise. Technically, it appears that $1,080…

Jul 20, 2015 at 11:52

Sprott Asset Management's Rick Rule is one of the smartest guys in the resource investing world -- and one of the most reasonable -- which has made his interviews of…

Jul 20, 2015 at 11:41

It must appear sweet to be an American through the eyes of the third world - all that wealth and not an ounce of common sense - outside looking in.…

Jul 20, 2015 at 08:03

When looking at Gold's decline in a Cycle framework, the action to this point has been fairly typical. The entire sector has moved exactly as we would expect when propelled…

Jul 20, 2015 at 07:46

Rarely does childish selling of the Street and massive forced selling in China give Gold investors an opportunity to potentially double their money. That is what it may be happening…

Jul 20, 2015 at 07:22

For what seems like forever we have been mechanical in managing the precious metals because they have been bearish; period. This has been based on short and long-term technical indications…

Jul 20, 2015 at 07:10

China's four-week-long stock market rout wiped out nearly 30% off the Shanghai Composite Index since its highs of June. To stem those losses the Chinese government has formulated an interesting…

Jul 20, 2015 at 07:05

The dollar index chart looks very positive, with it now breaking out upside from a Triangular consolidation that allowed its earlier heavily overbought condition to unwind. Note the strongly bullish…