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| Silver technicals - Zealllc |
Silver Bull Seasonals |
Wednesday, November 25, 2020 |
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| Steve Saville - Speculative Investor |
TSI’s Principles of Technical Analysis |
Although my primary focus is on the fundamentals, I do use Technical Analysis (TA). However, many of my TA-related beliefs deviate from the mainstream. Below is a collection of these beliefs presented in no particular order. The collection is not comprehensive, but it gives an overview of how I think historical price action can and can’t be used.
Note that there is significant repetition in the following list, in that a similar meaning is sometimes conveyed in separate points using different worFriday, November 20, 2020 |
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| Graham Summer - Gains Pains & Capital |
Watching Palladium Make New All-Time Highs |
The price action in palladium is eerily reminiscent of early 2001, and this could have major implications for gold and silver in the months ahead.
Back in 2001, the price of palladium spiked to highs above $1100/ounce. At the time, major physical palladium shortages appeared and tremendous strain was put upon the LBMA palladium market in London. Lease rates soared, and it appeared that thWednesday, October 24, 2018 |
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| Przemyslaw Radomski CFA - SunshineProfits |
Crude Oil – Who Wants the Triangle |
On Thursday crude oil wavered between small gains and losses, but finished the day only 23 cents above Wednesday closing price. Such small daily changes that we observe recently don’t look too encouraging for oil bulls or for the bears. However, to dispel boredom, we rummaged deeper in the charts and we found something that may interest both sides of the market’s battle. Curious?
Nevertheless, before we get to our little surprise, we would like to draw your attention to news from the IEA. YesterSaturday, March 17, 2018 |
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| Przemyslaw Radomski CFA - SunshineProfits |
EUR/USD – Something Old, Something New and… Something Blue |
Since the beginning of the month all battles between bulls and bears run in a fairly narrow area, which unfortunately doesn’t create good investment opportunities. In today's alert, we looked at the broader perspective of EUR/USD and the USD Index itself, and we already have our own types where we will likely open next positions. If you do not want to miss the levels that we think about, take a look at our today's analysis.
EUR/USD
From today’s point of view, we see that the situation in the Friday, March 16, 2018 |
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| Keith Weiner - Monetary Metals |
Open Letter to GATA |
Dear GATA and Mr. Chris Powell:
I am writing this in response to your article Monetary Metals’ Weiner refuses to see anything wrong in the gold market.
There is a certain irony for me to read that I refuse to see. I have spent eight years studying the mechanics of the market, building a model, developing software to run the model through several generations, and licensing nearly three terabytes of data giving ever bid and offer in both the spot and futures markets with sub-millisecond resolutionThursday, March 15, 2018 |
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| Stewart Thomson - Graceland Update |
Bank Stocks Lead Gold Stocks Higher |
As the world transitions from deflation to inflation, investors need to engage in serious sector rotation or they risk being left behind.
Income growth in China/India, US government tax cuts, central bank rate hikes, and quantitative tightening are the main fundamental forces of this transition.
The paint is barely dry on Trump’s first tranche of tax cuts, and he’s already talking about round two!
Trump is a businessman and a realist, and that means he knows the US government has no hope ofWednesday, March 14, 2018 |
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| Przemyslaw Radomski CFA - SunshineProfits |
Silver Does it Again! Severe Consequences. |
In the free analysis that we posted last Monday, we warned that Friday’s session was likely to be volatile and tricky. This seems to have indeed been the case for silver. The white metal declined early in the day only to rally almost 40 cents from the initial low. In our previous alert, we discussed the possibility of silver topping at about $16.65 and this level was reached. Is silver about to take a dive just like it did in late November 2017?
In short, yes. That seems very likely, especially Tuesday, March 13, 2018 |
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| Adam Hamilton - Zealllc |
Cheap Gold Stocks Basing |
The
small contrarian gold-mining sector remains deeply out of favor,
universally ignored. Thus the gold stocks are largely drifting
listlessly, totally devoid of excitement. But that’s the best time
to buy low, when few others care. The gold stocks continue to form
strong technical bases, paving the way for massive mean-reversion
uplegs. And they remain exceedingly cheap relative to gold prices,
which drive their profits.
Being a gold-stock investor feels pFriday, March 9, 2018 |
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| Stewart Thomson - Graceland Update |
Gold $1310: Buy Zone Of Champions |
Gold is showing solid rallies from my $1310 area buy zone (basis April futures). From both a love trade and fear trade perspective, the fundamental picture is becoming more positive.
I’ve repeatedly highlighted the fact that while America has the world’s richest economy, China’s economy is vastly bigger.
Courtesy of the Visual Capitalist, this snapshot of Chinese commodity demand should provide a significant confidence booster shot for investors.
The huge demand puts a floor of support undeTuesday, March 6, 2018 |
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| Przemyslaw Radomski CFA - SunshineProfits |
Alleged SEC Probe Leaves Bitcoin Market Confounded |
The market is hectic. The attention span of most investors is short. The long-term implications of one particular trend among governments the world all over has far reaching implications for the future of digital currencies. The question now is if this often overlooked factor tells us anything anything about the way the Bitcoin market behaves, the way digital currencies react to unexpected news and how to navigate the current complex short-term environment.
The factor we’re writing about is goveSaturday, March 3, 2018 |
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| Przemyslaw Radomski CFA - SunshineProfits |
Euro, Cable and Aussie - The Reward for Patience |
February was the best month for the U.S. dollar since October. Nevertheless, what goes up must fall someday. Yesterday, the gravity caught the greenback after President Donald Trump said the country will impose tariffs on steel and aluminum imports. As a result, the USD Index reversed and declined, supporting our three currency pairs. Will yesterday’s news kill the greenback’s rally in the coming days?
Analyzing the charts after yesterday’s session we noticed several disturbing factors, which caSaturday, March 3, 2018 |
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| Adam Hamilton - Zealllc |
Fed Hikes, Dollar, and Gold |
The
US dollar has fallen rather sharply over the past year or so,
despite ongoing Fed rate hikes. This persistent dollar weakness has
really boosted gold. There’s a fascinating interplay between these
two currencies and futures speculators’ expectations for Fed rate
hikes. These traders hang on every word from top Fed officials,
which greatly influences their trading. So these relationships are
important to understand.
In
late December 2016, the venerable UFriday, March 2, 2018 |
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| Stewart Thomson - Graceland Update |
Gold: The Intense Battle For $1370 |
For the past fifteen months or so, gold has repeatedly been turned back by immense technical resistance in the $1370 area.
This is the daily gold chart.
There have been three clear attempts to push through the $1370 area since November of 2016. The first two failed miserably, but the current move looks much more positive.
During the latest pullback from $1370, the bears have only managed to push the price modestly lower, to my key buy zone at $1310.
The gold price promptly leaped higher asTuesday, February 27, 2018 |
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| Przemyslaw Radomski CFA - SunshineProfits |
Relationship Between Crude Oil and U.S. Dollar in February 2018 |
On Thursday, the price of black gold moved higher after the EIA weekly report showed an unexpected decline in crude oil inventories. Is this one bullish factor strong enough to push light crude higher in the following days? What did the buyers miss?
Yesterday, the Energy Information Administration reported that crude oil inventories declined by 1.6 million barrels in the week ended Feb. 16, beating expectations for a gain of around 1.8 million barrels. This first in four weeks decline in crude oSaturday, February 24, 2018 |
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| Adam Hamilton - Zealllc |
Gold’s Curious Sentiment |
Gold
is faring quite well today technically, though you sure wouldn’t
know it from the rampant bearish sentiment. Gold’s price is in a
strong uptrend over a year old, high in both its current upleg and
young bull market. Gold isn’t far from breaking out to its best
levels since September 2013, a really big deal. The stock markets
even finally sold off after years of unnatural calm. Yet traders
are still down on gold.
Across all markets price action drives pFriday, February 23, 2018 |
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| Przemyslaw Radomski CFA - SunshineProfits |
Why Recent Lows Are Crucial for Greenback |
Since Friday, the USD Index extends increases and makes up for lost points. Looking at the daily chart you can even conclude that the bulls use every opportunity to push away their opponents from the recent lows. Why are they so important to them? We took a closer look at the situation and we already know the Achilles’ heel of the bulls. Do you also want to know it? We invite you to read today's alert.
Focus on the USD Index
Before we analyze the recent changes in our currency pairs, we decided Friday, February 23, 2018 |
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| Przemyslaw Radomski CFA - SunshineProfits |
Miners’ Rally What Rally Watch Out for More Fake Moves! |
Remember how mining stocks soared on Valentine’s Day and how we wrote that a rally is not necessarily bullish? Guess what – this rally has been more than erased. Miners not only closed below the February 14th opening price, but also below the February 13th and 12th closing prices. Mining stocks big rally turned out to be nothing more than just a regular 50% retracement during a decline – something that we saw many times in the past and that we described as likely. But, since the rally was ratherWednesday, February 21, 2018 |
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| Stewart Thomson - Graceland Update |
Gold's Golden Week |
I’ve noted that when China’s markets go quiet during the “Golden Week” holiday, the gold price tends to soften.
This is the key gold chart. Price softness is expected during this holiday, and the good news is that it is occurring on very light volume.
The bears would argue there’s a small double top in play, while the bulls have an inverse head and shoulders bottom pattern on their team. A bull flag pattern may also have formed.
I’ve told investors to expect a substantial battle between theTuesday, February 20, 2018 |
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| Adam Hamilton - Zealllc |
GDX Weathers Stock Selloff |
The
gold miners’ stocks weathered the recent stock-market plunge really
well. As evident in their leading GDX ETF, they were already beaten
down before stock markets started falling. The resulting explosion
of fear bled into GDX, forcing it even lower. Nevertheless, no
major technical damage was done. GDX remained well within its
consolidation trend channel and is still within striking distance of
a major $25 breakout.
Gold
stocks’ behavior during stock-marFriday, February 16, 2018 |
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