Commodity Trade Mantra

Posts Tagged ‘Fundamental Analysis’

Gold Prices Setting Bullish Chart Pattern - Gold Stocks Set To Soar in 2017

If you look at gold prices from a technical analysis perspective, it’s projecting a bullish outlook. Also from a fundamental perspective; there are bullish developments that shouldn’t go unnoticed. As it stands, odds are in favor of higher gold prices ahead. As the precious metal soars in price, gold stocks could skyrocket and provide leveraged returns.

Gold Fundamentals Strengthen With Inflation Running Hot

With negative real interest rates in place and the gold stocks trading well above their rising 400-day moving averages while showing relative strength against Gold, it is quite clear the gold stocks are in the early stages of a new bull market. The technical setup is potentially in place for the sector to make an explosive move higher over the next 9 to 18 months.

Gold, Dollar Index & S&P 500 Index - Long Cycles & Trend Changes

Given the troublesome global economic conditions & potential expansion of war, there is considerable risk that S&P 500 could fall substantially & a strong probability that gold will rally. A growing global movement away from the dollar use in global trade bodes poorly for long-term dollar strength but well for higher gold prices.

Chart-Obsessed Technical Analysis Traders Are Fantastic At Losing Money

We find that individual investors who use technical analysis & trade options frequently make poor portfolio decisions, resulting in dramatically lower returns than other investors. They have speculation as their primary investment objective while behavior shows excessive optimism & overconfidence.

Is Silver Likely To Decline More From Here?

On Friday, the breakdown below the 61.8% Fibonacci retracement level was confirmed as silver closed below this level for the third consecutive trading day – This week, we didn’t see any improvement. Instead, silver declined once again, confirming the bearish outlook.

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