Commodity Trade Mantra

Posts Tagged ‘Gold Rally’

Bullion Banks Target the 200-Day Moving Average in Gold a Third Time this Year

Twice previously this year, The Banks have managed to maneuver the gold price down and through the 200-day moving average. On these prior occasions, the speculator selling that followed allowed The Banks to buy back & cover large amounts of their perennial short contracts. And how far might gold prices fall if The Banks can pull this off again? Well, just as in May and July, not too far really.

Here's why I believe Gold Prices won’t just get Slammed Big-Time Again

All signs point to higher gold prices in the months ahead. I look for a powerful surge toward $1,400 by the end of this year based on Fed ease, geopolitical tensions and a weaker dollar. The gold rally that began on Dec. 15, 2016, looks like one that will finally break the bear pattern of lower highs and lower lows and turn it into the bullish pattern of higher highs and higher lows.

The Best Buy & Sell Timing in Gold Bull Markets to Optimize Gains

Gold bull markets offer outstanding opportunities for traders to grow their wealth. These bulls consist of series of alternating uplegs and corrections. Naturally the best times to buy low within ongoing bulls are right after corrections when major new uplegs are being born. Understanding how gold bull market uplegs play out leads to superior gains.

Gold Outperforms Stocks - And This Bull Market in Gold and Silver is Just Beginning

The great news is that this nascent bull market in gold and silver, or more accurately second upleg of the larger bull market that started in about 2001 is set to dwarf the 2001—2011 upleg. Despite Dow Jones records that have kept all eyes focused on the meteoric rise of the the S&P 500, gold has actually outpaced stocks in 2017. And now even the mainstream is starting to sit up and take notice.

Fireworks in the Gold Market could start pretty soon

On Friday, we saw the match lit for the gold market. Traders pushed the price of gold above the key $1,300 mark, adding the spark needed to set off the next big trend. I’m expecting the price of gold to start moving higher this week, and to continue to move higher throughout the year. Now that gold looks to be breaking out above $1,300 my short-term profit target is a quick move to $1,500.

Momentum in Gold Stocks Building for an Exceptionally Strong Season

Gold stocks exhibit strong seasonality as their price action mirrors that of their primary driver, gold. And since gold stocks have so seriously lagged gold in 2017, their upside potential in this year’s autumn rally is exceptional. That’s already begun in July, proving sentiment is starting to shift away from excessive bearishness. Momentum is building for a far-better-than-average strong season.

Trump’s Stock Market Report Card Says - Buy Gold

Judging by the huge post-election rally we’ve witnessed, it’s no surprise the Trump administration is patting itself on the back. But if early morning market action is any indication, the streak ends today. It’s safe to say investors are feeling giddy as the stock market blasts into uncharted territory. As the stock rally loses steam to finish the trading week, gold looks stronger than ever.

Gold and Silver Are Still Outperforming Stocks So Far in 2017

Gold and silver are still outperforming stocks so far in 2017, and over the last 15 years. Although HSBC expects a near-term correction, “the rally appears intact…and we expect gold to resume the upside after a pause.” Bottom line, long-term gold investors should hold through corrections, or buy more, not sell into a panic.

Gold Investment Demand to rise on Inflation & Pent-up Selling in Red-Hot Stocks & US Dollar

Stock investors owning essentially-zero gold exposure, have vast room to buy again when the wildly-overvalued stock markets inevitably roll over. Gold investment demand was triggered in 2016 by post-Fed-rate-hike stock selling delayed until January for tax reasons. Incentives to hold until January are far greater this year than most, since 2017 may see lower tax rates thanks to Trump.

Reasons for Silver Demand to Explode have never been Stronger

The reasons for silver demand to explode – amidst an environment of verified peak production, and historically low above-ground, available for sale inventories, have never, in my very strong view, been stronger. Which is why, I might add, the opportunity to make a year-end tax swap, at an historically high gold/silver ratio of 69, may make sense to many investors.

Time For Gold To Really Shine! Should You Dare Catch The Falling Knife?

The bullish case for gold does not just rest on the direction of the dollar. Gold is also an, “investment in monetary policy failure,” or at least a hedge against it. Technicals & sentiment have again aligned to create a terrific opportunity to take advantage of what could be early stages of a major shift in long-term trend of outperformance by financial assets over real assets.

Recent Gold Market Moves Indicate a Wicked Gold Rally in the Making

The Relative Strength Index (RSI) is at the extremely low levels (in the low 20s) and is strongly hinting bottoms for gold and silver. The sentiment numbers are telling me that there is a wicked gold rally coming. On Monday, when I get a look at the COT report, I will know for sure. Keep your eyes open as we move toward year-end. The fireworks are going to be incendiary.

This Confirms the Gigantic Potential of the Next Gold Price Rally

When you calculate the peak gold price from 1980 of $850 & adjust it to official inflation, you get a gold price of about $2,500. That’s the low-end as a new prediction. Not every cycle comes up with a huge rise. Especially the long-lasting bear markets brought the gold price weaker tops. The cycle we’re in now is a secular uptrend which gives the gold price a gigantic potential.

Gold Prices will Rise Once the Rate-Hike Obsessed Sellers are Out of the Way

After a rip-roaring first half, gold prices are plunging as we enter the home stretch of 2016. Gold futures are sitting near breakeven as we begin the new trading week. But when it comes to gold’s longer-term prospects, all is not lost. Even mainstream analysts are preparing for a bounce in gold prices once the highly-anticipated December rate hike is out of the way.

The New Gold and Silver Forecasts - Alternative Scenarios

The prospect of Fed rate hikes will weigh on gold and silver prices. As soon as Fed rate hikes for 2016 and 2017 are fully priced in, we expect gold and silver prices to rally again because of higher demand from investors. But if Trump becomes President and/or if investor sentiment deteriorates sharply, this would result in sharply higher gold and silver prices sooner.

Timeline For Gold Price Movements & The Next Gold Price Rally

It’s possible that gold could trade as low as $1285 and back near its 50-day moving average before bottoming. This area has proven as support all year. Expect a renewed rally in August back to near, but likely not exceeding much, the highs of late June & early July. Something between $1370 – $1390. Another tumble in mid-late Sept & finally, a breakout to new 2016 highs in Oct and Nov.

Is This The Critical Threshold For The Gold Rally To Continue?

10-year TIPS yield briefly went negative last week & the current yield is just 3 bps. TIPS yields have fallen around 75 basis points since the beginning of the year. This decline in yield has been accompanied by a gold rally from $1060 to $1342. This negative correlation between TIPS yields and gold prices has been persistent since 2003. TIPS yields will probably be negative if gold rallies above $1400.

Gold and Silver Pullback Before US Jobs Data - But Brexit Weighs on Fed

I am beginning to think the gold rally is running out of steam and may be due for a pullback. We need some fresh impetus to continue higher…Unless more dire news comes out of the UK (Brexit aftereffects) or elsewhere, I suspect there may be some profit taking ahead of the weekend. However the focus now shifts to Friday’s [US jobs] NFP print.

Could $1,900 Price of Gold Be a Reality in Wake of Brexit

The price of gold soared in the wake of the Brexit vote, going as high as $1,350 on Friday before settling back slightly. But there are indications that a lot more factors than just short-term, knee-jerk safe-haven buying are pushing the price of gold up. That means this may be more than a reactionary spike in the market. We’re going to see a whole lot more upside in the days ahead.

Gold Rush Will End - Irrespective of Whether Brexit Or Bremain

An “In” vote is seen as quickly unwinding gold’s 5% gain in June, as appetite for risk rises. And while some see a “Leave” result as a risk-off event that could see gold rally, others see lower prices if the dollar rises & oil falls. Gold may also fall as it can be used as a source of cash to cover losses elsewhere. Sharp declines in equities could push investors to liquidate gold positions to free up capital.

follow us

markets snapshot


Market Quotes are powered by Investing.com

live commodity prices


Commodities are powered by Investing.com India

our latest tweets

follow us on facebook