Блог Сообщества Dukascopy
Gold Is Not Just Another Metal:
Gold Is Not Just Another Metal:[/url]SPDR Gold Trust Vs. PowerShares DB Base MetalsGold is not [url=http://www.investing.com/commodities/palladium]palladium, a flipped over version of which (weekly (NYSE:PALL)-Gold) gave us a DOWN signal months ago.[/url]SPDR Gold Trust Vs. ETFS Physical Palladium SharesGold is not just another commodity:[url=http://c3352932.r32.cf0.rackcdn.com/content/picce26a3721264903baef0845b0912442b.png]SPDR Gold Trust Vs. DB Comm…
Establishing Gold & Silver Longs for a Swing Trade
There is a technical setup in Gold I've been keeping a close eye on for the last few years. Monitoring the wave structure trying to catch a good level to go long.
According to the wave count in Gold, the bottom has already taken place on Nov 5th, 2014 @ 1130.
Since then the price has seen a bullish move and a deep retracement.
The charts below show the setup and wave counts.
Figure 1 - XAUUSD Daily holding it's trendline and key 88.6% Fib Level
Figure 2 - XAUUSD Daily Wave Count
Th…
Gold to Continue Bearish Trend
Gold is in a long term down trend and has seen some bullish momentum to start the year. The shiny metal has approached some resistance however and the wave count shown below indicates a turning point.
The metal should be under pressure for the month of February, but as the daily trend is currently bullish, dips may be bought causing some volatility to the downside.
Levels
1307.47 - Jan High
1301.00 - Jan Daily close High
1282.88 - Fib Retracement - 50% (1132.08 - 1433.70)
1265.95 - Fib Re…
The metal should be under pressure for the month of February, but as the daily trend is currently bullish, dips may be bought causing some volatility to the downside.
Levels
1307.47 - Jan High
1301.00 - Jan Daily close High
1282.88 - Fib Retracement - 50% (1132.08 - 1433.70)
1265.95 - Fib Re…
Commodity Trading in Jeopardy as Fed Reviews Policies
The Federal Reserve is considering reversing decade-old rule allowing banks to ship oil and storing metal. How it could influence commodity trading? If the Federal Reserve reverses the rule allowing banks ship oil and store metal, it would be the biggest exclusion of banks from a market and it would put banks commodity-trading business in jeopardy. Most likely, commodity prices would stabilized or even go lower, because of the heavy impact it will have on banks. And for the banks, it woul…