Commodity Trade Mantra

Posts Tagged ‘Weekly Chart’

Gold And Silver Will Have to Struggle to Rise - Says the Fiat Dollar

It appears that gold and silver prices will continue to be kept low. Our take on the precious metals charts strongly suggests that gold and silver may work higher, over time, but it will be labored and not without intense effort to overcome the unlimited ability of the Federal Reserve [controlled entirely by the elites] to create an infinite supply of debt that poses as “money.”

Gold and Silver Rally to be Fuelled by More Monetary Easing

July has not been kind to either market, with gold falling 4% lower from the month’s high, while its silver lost 9%. Easing is back on the table in the UK, while the ECB and Japan are also likely to be more dovish. From a technical point of view, both markets seemed to be primed for a sharp rebound, with silver in a descending triangle and gold in a symmetrical triangle.

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.

Silver Prices Setting up to Reward Investors Big-Time

Looking at just the technical analysis, if you are bearish on silver prices, I suggest you think again. They suggest a bullish sentiment prevails and silver prices could go much higher. It shouldn’t be shocking to see $30.00-an-ounce silver by the end of 2016. I am not ruling out silver prices back up at their 2011 highs around $50.00 in the next two to three years.

Gold And Silver – A Clarion Alarm Call For All Paper Assets

Gold or silver does not ever change. What changes is the [falsely]perceived [worthless]”value” of fiat paper currencies. Those who [unwisely]choose to own paper assets of any kind, especially in the stock market and digital currency held in banks, are being given a clarion alarm call by gold and silver that your time has reached its expiration date.

Is The Gold And Silver Bottom In? Nothing Confirmed Yet

The purpose of articulating the importance of confirmation is now focused on gold and silver because of the increased calls for a [possible] bottom in both. The information gleaned from chart market activity, in the form of price/volume behaviour, is telling us that no bottom has been confirmed in gold and silver, factually speaking. Many may believe otherwise.

Gold And Silver Charts Clearly Indicate Market Facts

The gold and silver charts on the higher weekly time frame do not show any sign of an end to the down trend. The reasoning, based on factual observations from reading developing market activity depicted in the chart, combined with logic, leads to that inescapable conclusion: gold and silver price is likely to go lower.

Is Crude Oil Close To A Tradable Bottom?

By all accounts, the world is awash with oil. Despite the downward pressure on oil, the devil’s advocate wonders: could oil be setting up a tradable bottom? By tradable bottom I mean a level from which oil might bounce. For example, oil reversed from the low $40s earlier in 2015 and climbed to about $60 before resuming its downtrend.

What Is Certain Is The Huge Demand for Gold And Silver

All we can do is maintain a focus when it comes to buying and owning physical gold and silver. Forget about price. It is purposefully being manipulated by Western elite’s central bankers. Nothing can be done about the low gold and silver prices until all of this underhanded, behind the scenes payback is fulfilled.

Gold And Silver Without Direction – Insanity Prevails

From a perspective of logic, the world makes less and less sense as the elites relentlessly, and successfully pursue their one world government. The hope is that China & Russia, with all of its gold and huge natural resources, along with the remaining BRICS nations will put an end to the elite’s fiat control over everything and everyone.

Take a good hard look at Silver - Is something wrong?

So far since the Dec low, silver is playing a game of Opossum by looking weak & not confirming the move in gold or the precious metals stocks. I think this is a deceptive look on silver right now. Lets see what the silver charts are telling us on what is really taking place right now.

Citi Warns: "Housing Sentiment Got Carried Away"

The divergence between the NAHB index and other housing indicators has continued to suggest that sentiment was “getting ahead of itself” and as Citi’s Tom Fitzpatrick warns would suggest that the qualitative nature of the overall housing recovery is less robust than one would like.

All Eyes On Gold And China When Silver Could Be The Tipping Point

There’s a growing sense that silver, so often overshadowed by gold, may be key for when PMs begin to rally in earnest. While all focus is primarily on gold, silver is not in as strong a position as gold & it may be a truer roadmap for when the eventual bull market emerges, at some point in the future.

Greater Reasons Than Just Demand For Owning Gold And Silver

Here is some very cogent rationale for owning gold and silver. None pertain to the ever-ending reasons that demonstrate great demand. Also none of the reasons from 2013 to own physical gold and silver have changed. In fact, they have increased.

Silver – A Rigged Market Coming To An End

One of the strongest moving factors to act as a catalyst for silver will be the fate of the fiat dollar which is all central bankers care about. China’s and India’s record buying aren’t enough to change the trend – Let that be your message of how strong a hold central bankers can exert in suppressing price.

Current Situation in U.S. Dollar and Non-USD Gold Price

Taking into account the short-term action in the dollar and the True Seasonal patterns’ short-term implications for the US Dollar Index, the short-term outlook for precious metals may not be as bearish as one might view it based on the medium-term trend.

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