Uranium is still the anchor energy source for a stable base load in the world. Energy consumption is rising every year through e-mobility and Japanese reactors are restarting. UEC and Fission are 2 top players in the midsize company world which will benefit a lot from higher Uranium prices, Jochen Staiger, CEO & Founder, Swiss […]
Gold price has stopped its rise at the short-term resistance level of $1,245. Gold price might pull back even further towards $1,230 if $1,235 is broken but overall I remain bullish looking for a move towards $1,260 at least. Gold price is trading above the 4-hour Kumo (cloud) and the kijun-sen indicator (now at $1,229). […]
Moderately pigeon rhetoric Janet Yellen, disappointing statistics on US inflation and retail sales, which is the first time since 2010, China’s GDP growth of 6.9% in the second quarter and the closure of short positions were the main factors of the gold futures rebound from support level at $ 1205 per ounce. The key driver […]
Gold price made new highs yesterday. Short-term trend is bullish. We could see a pullback towards $1,230 but overall I’m expecting a move towards $1,260 at least. Blue lines – bearish channel Gold price is trading above the 4-hour Kumo (cloud). Support is at $1,230. Resistance is at $1,250-60. Gold price could see $1,230 if […]
Caledonia continues their shareholder friendly dividend policy and U.S. Gold buys a strategic high value asset for future growth and value. Sierra Metals increases visibility and liquidity in their stock by listing at the NYSE Mkt. in New York with new symbol “SMTS”, Jochen Staiger, CEO & Founder, Swiss Resource Capital AG. You can view […]
The Gold price is in a short-term bullish trend targeting $1,260. Today we may see a pull back towards $1,230 but I believe this will only be a back test of the breakout. I remain short- and long-term bullish. Blue lines – bearish channel The Gold price has broken out of the bearish channel and […]
Overview Gold has been trading higher since the start of this week. The metal has been able to breach 1,229.32 level and hold above it, which supports the outlook for a further bullish wave on the short-term basis. This opens the way to head towards 1,254.56 that represents our next main target. The price gets […]
Overview Silver price bounced bullishly after 15.65 and has been trying to hold against the recent dip moves. Now the price is heading towards our first target at 16.56. The price is supported by the rise that appears on stochastic. Therefore, our positive overview will remain valid and active in the upcoming sessions conditioned by […]
The Gold price as we expected has broken out of the bearish short-term channel. The trend has reversed to bullish and my minimum expected target is at $1,260 this week. There we could see a pull back but overall I believe a larger degree move higher has started. Blue lines – bearish channel The Gold […]
Cobalt is in high demand for e-mobility as it is used to build the Kathode in L-Ion batteries. 64% of worlds Cobalt is from DRC produced in unsecured jurisdictions. First Cobalt will be the next Cobalt producer from Canada and Cobalt 27 will be the first physical investment group for physical Cobalt investment, Jochen Staiger, […]
Overview The Gold price settles around 1,214.30 level, and stochastic managed to reach the oversold areas, to form positive factor that we expect to assist to push the price to rebound bullishly and resume the bullish bias again, waiting to visit 1229.32 level initially. Therefore, we will continue to suggest the bullish trend in the […]
Overview The Silver price shows some bearish bias to approach from testing the key support 15.49, and the price needs to hold above this level to keep the bullish trend scenario active for the upcoming period, as breaking this level will put the price under the negative pressure again, and it might head to visit […]
The Gold price bounced towards the upper channel boundary and resistance area of $1,230 and got rejected. The price has turned back lower towards $1,215. Gold bulls need to break above $1,230 in order to confirm that an important low is in. Blue lines – bearish channel The Gold price is below the Kumo (cloud) […]
Overview Gold price has settled around 1,220.00 after the rise yesterday. Please note that stochastic is making attempts to get rid of its negativity gradually. The metal is waiting to get enough positive momentum to push the price to resume the bullish trend again, as our first target is located at 1,229.32. In general, we […]
Overview Silver price provided clear positive trading yesterday to test 16.00 barrier, as it gets positive signals through stochastic. The metal is waiting for a higher rise to test 16.56 level that represents our first main target. Therefore, we are waiting for a further rise in the upcoming sessions on condition of holding above 15.49 […]
Gold price remains inside the bearish channel but has a lot of chances that an important low is made. I remain longer-term bullish expecting Gold to bounce towards $1,260 at least. Blue lines – bearish channel Gold price is below the Ichimoku cloud but the bearish trend is now being challenged. Short-term resistance is at […]
Gold managed to get away from a four-month low due to the weakness of the US dollar and the fall in the yield on Treasury bonds. UBS notes that the collapse of prices at $90 from the level of its June highs is not surprising, as real treasury rates of the US and the eurozone […]
Overview Gold price has breached 1,214.30 level after closing the daily candlestick above it. This activates the bullish scenario on the intraday basis. 1,229.32 level is targted initially, which represents 38.2% Fibonacci level which was broken previously to turn into the key resistance now. Therefore, the bullish trend will be suggested for the short term […]
Overview Silver price rallied clearly yesterday to breach 15.70 level and settled above it, which opens the way to a further bullish bias in the upcoming sessions. Now, silver is on its way to test 16.56 as the first main station. Therefore, we should wait until another rise on the intraday and short-term basis. Breaching […]
Copper is in deficit and there is no substantial new production scenario on the horizon. The Majors have shrunk their exploration budgets in the last 5 years to a minimum which leaves copper markets more and more trouble to fulfill the supply for the rising demand. Altona Mining is a great exception seeking financing from […]
Gold price remains inside the bearish channel and below the Ichimoku cloud. Trend remains bearish. However yesterday’s bounce from $1,205 towards $1,220 is the first sign of a possible reversal. Bears need to be very careful. A break above $1,230 will confirm a trend reversal. Blue lines – bearish channel Short-term resistance by the cloud […]
There is a dairy shortage now stocks will fall lower in October. Europe needs to sell their powdered skimmed milk to China soon. Chris Walkland, Walkland Partnership You can view this video and the full video archive on the Dukascopy TV page: http://www.dukascopy.com/tv/en/#216715 Смотрите Dukascopy TV на вашем языке: http://www.youtube.com/user/dukascopytvrussian 用您的语言观看杜高斯贝电视: http://www.youtube.com/user/dukascopytvchinese Miren Dukascopy TV […]
Gold price continues to trade above $1,200 but remains in a bearish trend. There is a wedge pattern being formed. A daily close above $1,217 will open the way for a big bounce at least towards $1,250. Blue lines – bearish channel Gold price remains below both the tenkan- and kijun-sen indicators. There are bullish […]
Overview Gold price managed to hit our expected target at 1,208.92 and has settled there, while stochastic has reached the oversold levels. This forms a positive background that could enable the price to recover in the nearest sessions, waiting for testing 1,229.32 level initially. Therefore, the bullish bias will be preferred for today on condition […]
Overview Silver price has been able to hit our expected target at 15.49. Please be aware that the metal began the week with a bearish bias to press and is moving below that level now. This provides signals for further losses on the longer-term basis, easing the way to the previously recorded bottom at 13.75. […]
Recently, Gold has been trading downwards. The price tested the level of $1,204.83. Anyway, according to the 30M time frame, I found a fake breakout of Friday’s low at the price of $1,207.00, which is a sign that selling looks risky. I also found a hidden bullish divergence on the moving average oscilator, which is […]
Gold price remains in a bearish trend. Price got rejected at the resistance level of $1,230 last week and reversed and made a new lower low. We are now entering an area where Gold price could make an important long-term low. Blue lines – bearish channel Gold price is trading inside a bearish channel and […]
Gold price is consolidating above $1,210 and below $1,230. Price did not make a new overnight low as Silver did, while at the same time we observe bullish divergence signals by the oscillators. Blue lines – bearish channel Red rectangle – resistance Blue rectangle – support Short-term support is at $1,217. Resistance at $1,230. I […]
Gold futures dropped amid the field of two-month highs and the strengthening of the “hawkish” rhetoric of central banks. Regulators from different countries are ready to follow the Fed’s example and embark on a path of monetary tightening that promotes the growth of bond yields around the world and also led investors to withdraw money […]
The Gold price made a new lower low yesterday near $1,217 but sharply bounced back towards resistance of $1,230. There are divergence signs that imply Gold should make a strong bounce soon. Blue lines – bearish channel Red rectangle – resistance The Gold price remains inside the bearish channel and below the 4 hour Kumo. […]
