Indices/Commodities Outlook

INDICES/COMMODITIES S&P Futures 1966 The late rebound in the Chinese stock markets yesterday has led global stocks  higher today, with the US indices assisted by the growing …
0 Comments Read more →

Gold clears topside stops; $1130 the level to watch

Gold rallied to a high of $1109 as stops above $1100 got cleared Further short squeeze possible, but topside likely to be capped at $1130 I’ll be selling Gold there with a stop a …
0 Comments Read more →

Gold consolidating after $1130 breakout

Gold has been caught within a tight range since breaking below the key $1130 support level, but the downtrend remains very well intact The yellow metal wasn’t really in demand ev …
0 Comments Read more →

Gold still struggling; test of $1044 likely

Gold is struggling to get back above $1100 Many commodities still under heavy pressure; precious metals no exception Short-term techs suggest Gold oversold in short-term, but remai …
0 Comments Read more →

UBS on Gold Positioning

On balance, positioning is probably gold’s most positive feature right now. With net longs sitting at the lowest levels in more than a decade, the scope for further selling at th …
0 Comments Read more →

Credit Suisse recommends to sell Gold at $1130

We have been long-time bears of Gold and it was one of our core thematic trades for 2015 (c.f. Technical Analysis Global outlook 5th Jan 2015). The metal overnight broke sharply be …
0 Comments Read more →

Gold – Rumors of CB demand around $1125

Precious metals have been under pressure in the past weeks and Gold is nearing a key technical level at $1130, which is the 2014 low There is talk about demand from central banks a …
0 Comments Read more →

XAU/USD – Keep an eye on possible bullish divergence set-up

Bullish RSI divergence on hourlies Also, Silver has posted a lower low while Gold hasn’t Gold-Silver divergence usually a reliable signal Keep an eye on price action for a possib …
0 Comments Read more →

Indices/Commodities Outlook

  INDICES/COMMODITIES S&P Futures 2100 As expected, the S+P headed back to finish the week right on the recent 2100 pivot, with equities generally coming under some pressu …
0 Comments Read more →

Indices Commodities Outlook

INDICES/COMMODITIES S&P Futures 2093 The choppy sideways consolidation continues, with equities heading lower on Friday – on Greek concerns – again, but leaving the overall …
0 Comments Read more →