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- swagtrading replied Aug 6, 2019
Yes, clearly no surprise. Gold had been bullish for last few months and the uptrend is just continuing
Metals Commentary with GoldExpert
- swagtrading replied Aug 6, 2019
Palladium looks to have rolled over and is now trading below its 100-DMA. A break below $1382 should lead to a fall towards $1312 image
Palladium trading
- swagtrading replied Aug 6, 2019
Nickel smashed above $14550 and now is headed towards $15110 again. A move above that would lead to significant gains in the coming days. image
Metals Mash Up
- swagtrading commented Aug 1, 2019
Demand up -> Gold up!
Global gold demand grew 8% in second quarter
- swagtrading replied Jul 31, 2019
Nickel has been quietly consolidating (correcting) its overbought levels and is stable. A move above $14550 would suggest that the correction is over. image
Metals Mash Up
- swagtrading commented Jul 31, 2019
Gold is just waiting for a trigger to surge and I think today's Fed statement would provide that.
Gold Price, Crude Oil Price: Breakouts Ahead of Fed Rate Decision
- swagtrading commented Jul 31, 2019
Central Banks are always the fall guy, and in many cases justifiably so. I remember when in 2004, Greenspan was slow in raising rates, he was called for creating the housing bubble and then in 2008, Bernanke was criticized for not forecasting a ...
Central Banks Are the Fall Guys
- swagtrading commented Jul 31, 2019
Interesting news. Thank you.
WPIC: Platinum Could Benefit from Diesel Turnaround
- swagtrading commented Jul 31, 2019
More than the rate cut, I think statement matters today. How much they will cut more this year.
Fed rate cut provides a tailwind for commodities like gold: Strategist
- swagtrading replied Jul 29, 2019
While not hugely liquid, its liquid enough for retail traders to trade in. Good trading opportunity is always around in Nickel.
Metals Mash Up
- swagtrading commented Jul 25, 2019
When any commodity rallies, this is exactly the news which comes in. I remember a few years ago, when Copper was rallying, there was news of people hoarding copper coins and melting them, because copper value in the coin was higher than face value ...
Armed men steal $40 million of gold, metals from Brazil airport
- swagtrading commented Jul 25, 2019
Beautiful silver rally, which has much further to run I think, as the Gold/Silver ratio is still very high near 86.
Silver aggressively rallied upwards; takes a breather near highs
- swagtrading commented Jul 25, 2019
Good perspective to look at things.
Gold isn’t necessarily an investment — it’s life insurance
- swagtrading replied Jul 24, 2019
Right now I am hearing RBA Lowe speaking and he says he is prepared to ease again. So here is a list of central banks who have hinted that their next move is lower. USD ECB BOJ RBA SNB The central bank which has not commented about easing is BOC. ...
Gold RIGHT NOW