Commodity Trade Mantra

Posts Tagged ‘Technical Charts’

When There is Fear Everywhere, That’s When Gold and Silver Perform Best

Right now, this is a very scary time… People want to hop out of traditional assets and find safety in the oldest currency in the world – Gold and Silver. If and when things get worse, panicked and concerned citizens the world over will continue to shift capital into safe haven assets like gold and silver, which will be the only currencies left standing when it really hits the fan.

This Rarely Seen Chart Signals a Raging Silver Bull Market

Silver started a bit slow out of the gate in 2016, but it hit its stride in April. The white metal is now up 29% (or $4/oz) since January 1, eclipsing gold’s 22% gain. Silver outpacing gold is good news for metals bulls, and not just for the obvious reasons. The move is an important signal that we can expect sustained higher prices for both metals.

Gold And Silver Charts - The Best Information

We have a conflict in time, this weekend, so we are presenting gold and silver charts only, since they provide the best information about what the precious metals market is doing, especially when almost all fundamental data has not produced the positive results they appear to indicate.

A Hard Look At Gold via 7 Technical Charts

Looking at gold from different angles chart-wise, gold looks like its nearing a make-or-break level. Gold and silver miners are also consolidating near their support level dating back to 2002. Inflation expectations are also nearing a breakout / breakdown point. Soon we will know more about the true state of the global economy.

Why Citi Thinks Oil Is Going To $20

Citi warns the oil market should bottom sometime between the end of Q1 and beginning of Q2 at a significantly lower price level in the $40 range (perhaps as low as the $20 range for a while) – after which markets should start to balance, first with an end to inventory builds and later on with a period of sustained inventory draws.

Gold And Silver – Technical Charts And Fundamentals

Despite people’s views on gold and silver being in a down trend, from a larger perspective, both are in up trends & that is what the overall news is saying & what everyone senses: gold and silver should be higher. It just depends on your frame of reference. Here is a list of events that are impacting the suppression of gold and silver.

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