tradingbid (-2)(1)in #money • 4 years agoThe Gold Bull Market Has Barely Gotten StartedGold’s severe correction and weak performance in relative terms has led many to ask if the bull market is over. While Gold is correcting the move since 2016 or 2018, the better…tradingbid (-2)(1)in #money • 4 years agoGold Update: Higher From HereGold Scoreboard Gold Scoreboard Said title might also be phrased as "Hire Gold from Here" (i.e. put Gold to work for you) or perhaps editorially construed as being "in our…tradingbid (-2)(1)in #money • 4 years ago3 Reasons Why Inflation Will Rise And Support Gold PricesInflation rose in February, and it appears that more inflation is coming down the road. This development can, in fact, be good for gold. The U.S. CPI inflation rate rose 0.4%…tradingbid (-2)(1)in #money • 4 years agoWTI Crude Daily Forecast PositiveWTI Crude MAY Future only paused at strong resistance at 6520/40 before we broke higher to top exactly at the next target of 6610/20. TODAY’S ANALYSIS WTI Crude holding…tradingbid (-2)(1)in #money • 4 years agoGold And Silver Outlook NeutralGold spot longs at 1685/80 worked perfectly after we predicted a significant recovery to strong resistance at 1740/45. A high for the week was expected & we topped exactly here…tradingbid (-2)(1)in #money • 4 years agoIs Gold Going To Continue Falling?XAU/USD traded lower on Friday, after hitting resistance at 1740 on Thursday. Today’s slide has taken the price below Wednesday’s low of 1708, and bearing in mind that, overall…tradingbid (-2)(1)in #money • 4 years agoGold Retreats After Bond Yields Continue To RallyGold prices declined on Friday as global bond yields started showing strength again. Gold is currently trading near $1,700, sharply lower from the recent high at $1,738 which was…tradingbid (-2)(1)in #money • 4 years agoEnergy Report: What Sanctions?Iran and China are opening, taunting the Biden administration as it openly flaunts oil sanctions on Iran even as Iran raises its enrichment of uranium. Both China and Iran seem…tradingbid (-2)(1)in #money • 4 years agoChart Of The Day (Part 2): Hedging Inflation With PlatinumYesterday, in Using Metals to Trade Both Sides of Inflation, we noted that the dynamics of inflation were multi-faceted. Rising inflation would be positive for economic growth…tradingbid (-2)(1)in #money • 4 years agoWTI Heading To $75 MarkAfter a super successful week opening, when WTI refreshed its October 2018 highs and reached $68 per barrel, market sentiment changed. In just a few days, the price of one barrel…tradingbid (-2)(1)in #money • 4 years ago3 Reasons Oil And Gas Prices Could Be Headed LowerOil prices are maintaining their OPEC+ boost from last week. Oil 300 Minute Chart Oil 300 Minute Chart Nevertheless, aside from a brief spike due to a thwarted missile…tradingbid (-2)(1)in #money • 4 years agoWhy Silver Is On Its Way To Being A Rock StarSilver is an odd metal. The crowd loves to hate on it for decades. That’s simply because they don’t really understand it. But when sentiment flips, it becomes a rock star. I…tradingbid (-2)(1)in #money • 4 years agoNatural Gas: Base Formation Before A BreakoutIn normal circumstances, warm weather extends bearish sentiments for natural gas futures but, this time situation could be different with the growing export of LNG after export…tradingbid (-2)(1)in #money • 4 years agoOil Eases, While Gold RalliesOil prices eased overnight, helped lower by a much higher than expected build in US API Crude Inventories. Brent crude fell 1.2% to USD67.30 a barrel, while WTI eased by 1.35% to…tradingbid (-2)(1)in #money • 4 years agoGold And Silver Pop As U.S. Treasury Yields DropGold Pops From Oversold State Gold Pops From Oversold State Gold and Silver rallied strong yesterday in conjunction with falling Treasury yields. Let's discuss what happened…tradingbid (-2)(1)in #money • 4 years agoIs Crude Oil About To Peak At 13-Year Resistance?Long-Term Crude Oil Chart. Long-Term Crude Oil Chart. Commodities prices have rallied sharply higher into 2021, lead recently by energy and grains. Today, we focus in on one…tradingbid (-2)(1)in #money • 4 years agoEnergy Report: Drone BlownOil prices are back on the rise as the market realizes that the fundamentals of the oil market are signaling tight markets and higher prices. The Monday oil dip came as…tradingbid (-2)(1)in #money • 4 years agoGold Drops While Senate Passes Stimulus PlanGold remained inert to U.S. President Joseph Biden’s large and hazardous economic plan, and ended up dropping below $1,700 yesterday. PRESIDENT BIDEN’S $1.9 TRILLION COVID-19…tradingbid (-2)(1)in #money • 4 years agoCrude Oil Daily Outlook PositiveWTI Crude holding below the 500 week moving average & also the 2019 high at 6630/60 is a sell signal. I would suggest selling a recovery with resistance at 6580/6600. If we…tradingbid (-2)(1)in #money • 4 years agoOil May Resume Uptrend After SetbackCrude oil moved back to the highs recently after OPEC+ countries agreed to extend the majority of production cuts through April. In fact, demand may increase as global lockdown…