US Dollar Index
Analysis on Gold, US Dollar & Euro (video)
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.
GDX, GLD & EUR/USD Reverse Off Target Zones
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 [...]
Trade Ideas & Market Developments to Watch for This Week
Potential trade ideas & developments to watch for this week in the stock market, select commodities, sectors, currencies. The video starts with coverage of the Euro, US Dollar & gold mining stocks, then stock market analysis via QQQ & SPY followed by some potential trade ideas on individual stocks & sector ETFs.
Watching US Dollar, Euro & Gold for Trade Entry On GDX
The dollar pulled back at 8:30am ET today on the payroll & wage data release. That impulsive but so far, relatively minor pullback might be enough to trigger a breakdown below this 60-minute bearish rising wedge pattern on the €EUR/$USD pair. When the EUR/USD moves down, that indicates the dollar falling against the Euro, which [...]
Gold, Silver, Platinum, GDX & US Dollar Analysis (video)
It appears that the precious metals, mining stocks & the US Dollar are at important technical junctions that could determine the next major trend in each. This video covers those levels as well as the near & longer-term outlook for gold, silver, platinum, GDX, the US Dollar & the Euro.
Gold, Silver, Platinum & Precious Metals Miners Analysis (video)
The outlook for gold (GLD), silver (SLV), platinum (PPLT), the precious metals stocks (GDX) as well as the US Dollar.
Gold, Silver, GDX & US Dollar Analysis
Member @dpatel inquired about my thoughts for the precious metals & mining stocks. As I believe that any analysis on gold & silver isn't complete without including the outlook for the US Dollar, let's start there. My preferred scenario has the US Dollar Index continuing down to the 93ish level followed by a bounce & [...]