List/Grid Commodities Subscribe RSS feed of category Commodities

GoldFinger

Charting the March Breakout into Open Air for Gold

Gold prices broke through a ceiling of resistance this morning into an Open Air pocket, generating an aggressive breakout buy opportunity for traders. Let’s chart the breakout and ...

Fiscal Gridlock Keeps Dollar Under Pressure

This is a crucial week in the financial markets and the losses in the dollar reflect the growing risk of a U.S. default.  We are now entering the third week of the U.S. government ...

The Taper Fakeout

THE TAPER TALK Anyone who bought the media buzz about a September reduction of QE – called the “taper” – was very surprised when the Federal Reserve ...

Top 3 Themes in FX This Week

The top 3 themes for the Forex market this week are Syria, China and expectations for Fed tapering. Syria will dominate the headlines and currency flows as the U.S. Senate prepares ...

Dollar Plunges After Payrolls – Is Taper Off?

Disappointing jobs data drove the U.S. dollar sharply lower against all of the major currencies and based on the price action across the financial markets, investors no longer believe ...

OFF TO THE RACES

Summer is traditionally a slow season for precious metals, but this summer started with a rout. In the last week of June, gold and silver hit 2-year lows of $1,192 and $18.61 ...

3 Scenarios, How to Trade the FOMC Minutes

The minutes from the last FOMC meeting is scheduled for release today and FX traders are gearing up for a potentially big reaction in the forex markets.  Given our experience, we have ...
midas

Updating Traps Trendlines and Fibonacci for Gold and GLD

Let’s take a moment to update the prior post “Trade Planning and Levels to Watch in Gold” with respect to the new price compression between daily moving averages, a key Fibonacci ...

The Powerful Case for Silver

I am a well-known “gold bug” because of my strongly voiced opinion that gold has been one of the best assets for protecting yourself from the US dollar’s prolonged ...

Potential Reaction to Bernanke

Over the next 48 hours, investors around the world will be transfixed on Bernanke’s semi-annual testimony on the economy and monetary policy.  Investors won’t have to wait ...