Technical Analysis

Weekly Commmodities Update: Silver

Weekly Commmodities Update: Silver

By Autochartist

By Jonah S. Ford Precious metals took a huge hit in last week’s volatile trading, dragged lower by falling prices in the equities as well as the broader commodities complex. Gold futures were the first to break down through long term key level support as outlined in last week’s Autochartist commodities update...

Daily Commodities Update: Sugar

Daily Commodities Update: Sugar

By Autochartist

By Jonah S. Ford Sugar futures showed impressive strength during last week’s commodities sell-off, indicating the market may have enough intrinsic strength to buck the broader trend and move higher on its own. After a prolonged sideways movement near the low end of a textbook Channel Down chart pattern, the...

Daily Commodities Update: Wheat

Daily Commodities Update: Wheat

By Autochartist

By Jonah S. Ford Wheat futures drifted towards a retest of key level support in Thursday’s session, as identified by Autochartist and shown here on the hourly chart. This push lower indicates a likely continuation towards the horizontal trend line at 573.75 cents per bushel, where a confirmation of the support...

Weekly Commodities Update: Gold

Weekly Commodities Update: Gold

By Autochartist

By Jonah S. Ford A chart analysis of the Comex Gold futures reveals the week ahead may prove to be a pivotal one. Autochartist has identified multiple support lines on the Key Level indicator platform. These key levels are all converging between $1,700 and $1,708 per ounce, which lies just beneath Friday’s...

Daily Commodities Update: Platinum

Daily Commodities Update: Platinum

By Autochartist

By Jonah S. Ford Platinum futures followed the rest of the precious metals complex sharply lower in Monday’s session on renewed signs of global economic weakness. The slide in the metals was telegraphed early on when major support levels in gold, silver, platinum and palladium all triggered stop-loss orders...

Weekly Commmodities Update: Silver

By Autochartist

By Jonah S. Ford Precious metals took a huge hit in last week’s volatile trading, dragged lower by falling prices in the equities as well as the broader commodities complex. Gold futures were the first to break down through long term key level support as outlined in last week’s Autochartist commodities update...

 
 
 
 
 
 

Latest Videos

More Videos
 
 
 
 
 
 

Fundamental Analysis

 

Gold market on the Low –...

posted 12/29/11

The increasing concerns over Europe’s debt woes are having a negative effect on the global growth. As a result, even the gold prices have started to experience...

 

Gold Daily Fundamental Analysis for...

posted 09/07/11

Gold prices tumbled on Wednesday amid rising optimism around global financial markets, where traders were optimistic after Italy announced new austerity measures, which...

 

Natural Gas Daily Fundamental Analysis...

posted 09/07/11

Natural gas prices rose on Wednesday, as the National Hurricane Center signaled a storm in the Gulf of Mexico could develop into a cyclone, which raised concerns that...

 
 
 
 
 
 

Commodities News

 

Gold Prices Surge to a Record...

posted 08/31/11

Though records suggest that gold prices have been growing for some time now,but after the Standard & Poor’s recently stripped off the US ofits pristine credit...

 

Crucial Precious Metals Showdown...

posted 07/17/11

Now that Gold has broken out to its all-time nominal high, we have a Showdown with Great Opportunities enabled by, but at the same time threatened by, Great...

 

The Myth of Commodities Investment

posted 07/13/11

One of the oft-cited reasons for investing in commodities is that they have historical returns comparable to stocks while having a low correlation to the stock market...

 
 
 
 
 
 

Financial News

Gold Posts Record Highs above $1600 on...

Market volatility has slowed to a near halt ahead of the EU summit meeting event risk on Thursday. The lack of activity is being reinforced by the fact that there...

Wolverine Worldwide – Growth & Income

Wolverine Worldwide (WWW) recently reported its fifth consecutive positive earnings surprise on record quarterly revenue. Despite the strong quarter, management reiterated its revenue and EPS guidance for the remainder of...

Bank Stress Test Inconclusive.

The event of the day on Friday was the release of the European bank stress results. The European Banking Authority waited until very late in the day before publishing the results,...

Week Ahead

The Eurozone sovereign debt crisis remains in focus, with Eurozone finance ministers meeting on Sunday to discuss the next steps for Greece. All clear, for the time being. The Greek...

TGIF – Stop the Rally, We Want...

Wow, so much to talk about today. I’m going to skip quickly over poor Dominique Strauss-Kahn who is now, fairly obviously, the victim of a conspiracy to frame him. What’s...

Binary Options Fundamental Anlysis & The Week...

Economic News On the economic front, leading indicators rose more than expected in May to a record high, according to the Conference Board. Meanwhile, consumer sentiment worsened more than expected...

US ISM

The soft patch is over – the US National Manufacturing ISM index for June rose to 55.3 from 53.5 with gains in the production, new orders, and employment indices. This...

The Bank of England

There are certain things in life that we can be sure about...death..taxes and the fact that the Bank will leave rates unchanged on Thursday!! The Bank of England appears certain...

EUR: 6 Hurdles to Overcome Greek Debt...

Why has the rally in the EUR been so lackluster? Because there are a still 4 3 more hurdles to overcome before we can put the Greek debt crisis behind...

Market Sensing Slight Positives

Greece has announced its economic plan to privatize 87 billion Euros of state assets, 50 billion of which is being planned for bailing out the country until 2015 by selling...