Several key technical developments & levels to watch for in the broad markets today as well as a few trading opportunities s that stand out at this time.
Technical analysis on my favorite trade ideas within the gold mining sector covering the outlook for a total of 13 individual gold & silver mining stocks. The following stocks are covered in this order: SBGL, CDE, TAHO, SSRM, AG, MUX, BVN, EGO, FNV, RGLD, KGC, GFi & IAG. Video playback speed can be increased in [...]
Technical analysis on gold, GDX, the US Dollar & the Euro along with both the near-term & longer-term outlook for the precious metal sector. Key technical developments & levels to watch for are also discussed. Video playback speed can be increase using the settings icon in order to reduce playback duration.
This video covers the near-term outlook for some potential swing trading opportunities at this time with analysis on various stocks, ETNs, commodities and futures contracts. Covered in the following order is the outlook for: The precious metals & mining sector via the charts of /GC (gold futures), EUR/USD (euro-US Dollar pair) & GDX; Crude oil [...]
Member @dazi requested an update on gold & the precious metals mining stocks. My recent outlook for gold has been largest based off my analysis & bearish outlook for the EUR/USD (Euro/U.S. Dollar forex pair). Since the last update, EUR/USD reversed exactly off the bottom of my bounce target zone while not coincidentally, gold futures [...]
After kissing my first target today following the recent breakdown on the daily time frame (first chart below) EUR/USD now looks poised for a relatively minor bounce on a break above the 1.177ish level before a resumption of the downtrend, as the 60-minute chart (2nd below) indicates. Not coincidentally, gold futures look poised for [...]
Following Monday's breakdown below the uptrend line, the EUR/USD is approaching my first bounce target around 1.17 although I favor a continued move down to the 1.15 area before a resumption of the primary uptrend. Daily chart: EUR-USD daily Sept 27th The scenario below, a move down to the 23 area today, followed [...]