Gold Price Reversal Creates Another Short-Term Trading Opportunity
August Gold Futures Chart & Analysis
My position on Gold futures was stopped out this morning as price broke below the trend channel line.
But it...
Stock Market Today: Cyclical Sectors Continue to Improve
There are several reasons for stocks to selloff as the list of investment concerns grows.
But the stock market remains strong. This is why we...
May Monthly Stock Market Update and Economic Commentary
Stocks rose sharply in May with the S&P 500 Index INDEXSP: .INX gaining 4.5% while the Dow Jones Industrial Average added 4.3%. The NASDAQ Composite...
Gold Futures Price Reversal Could Target $1860
Gold Futures Chart (August) Price Analysis
We are rolling over our position to the August gold futures as it is now the most active contract.
Gold...
U.S. Equities Historical Performance Analysis During Inflationary Periods
- Extraordinary times call for extraordinary measures.
- Extraordinary times and extraordinary measures do not usually lead to ordinary outcomes.
In the first part of this...
Gold Reversal Creates Ellipse Buy Signal (Trading Update – May 27)
Gold Futures Trading Chart with Bullish Ellipse
Our recent trading long in Gold futures was stopped out but second chances are nice.
And we have one...
Gold Futures Press Higher: More Upside Ahead?
June Gold Futures Chart
Gold futures have been very strong this year, underscoring the market uncertainty due to coronavirus.
Today's chart update is one of many...
Gold Rally Looks Poised For New Yearly Highs
Gold Futures Trading Chart
We are watching gold very closely, as the precious metal may be setting up for another move higher.
However, we need to...
Stock Market Update: Looking At The Economic Modern Family of ETFs
Last night I wrote about the price compression on the weekly chart for gold.
Today, the Gold ETF NYSEARCA: GLD closed green but did not...
What is Compression? 4 Inside Weeks for Gold (GLD)
Compression, decrease in volume of any object or substance resulting from applied stress. Compression may be undergone by solids, liquids, and gases and by living systems.
And...