The Gold & Commodities category is a sub-section of Market Analysis that includes charts and commentary associated with precious & industrial metals such as gold, silver, and copper as well as various hard & soft commodities such as oil, gas, wheat, corn, etc…
The following notes & chart highlight some significant technical developments that could indicate the next near-term direction in gold, GLD (gold ETF) & /GC (gold futures).
The following notes and charts provide the entry criteria, price targets, suggested stop & beta-adjusted position size for a trade in WEAT (wheat ETN) along with analysis on /ZW (wheat futures).
The following video cover the near-term & longer-term outlook for gold (via) GLD, the US Dollar & the Euro along with some key technical levels & developments to watch for.
WEAT (Wheat ETN) is approaching support on both this 60-minute time frame as well as the longer-term time frames with bullish divergences in place all the way out to the weekly charts. Watching to see if we get a reversal soon, even if prices briefly undercut this 60-minute support level. WEAT 60-min Aug 15th [...]
The following notes & chart outline the entry criterion, price targets, suggested stop & beta-adjusted position size for both a swing trade as well as a potential trend trade in NIB, Cocoa ETN.
Analysis & trade ideas with buy points & price targets on various commodities & commodity tracking ETNs.
We had a few significant technical developments in GLD (gold ETF), GDX (gold miners ETF) & the EUR/USD (Euro/US Dollar pair) both yesterday & so far today which could indicate that the anticipated correction in gold & the Euro may have run its course. The first chart on each below is from Friday's post, Watching [...]