Volatility is picking up steam — and it’s more than just Bitcoin and U.S. stocks that deserve your attention. A recent report by Goldman Sachs concludes that right now is, “…the best backdrop to own commodities since...
Gold closed above $1,300 per ounce for the first time in 5 years as the U.S. dollar saw it’s worst decline over the past 14 years. Despite a strong start in 2017, XAUUSD spent most of the year in a sideways...
Commodities has typically been a market that rails against forex. Whilst both markets drive growth and capital in the countries they’re hosted, they have pull and push effects against each other and the other major markets, with...
The Dow Jones Commodity Index is a broad measure of the commodity futures market that emphasizes diversification and liquidity through a equal-weighted approach. It doesn’t allow any sector to make up more than 33% of its portfolio...
What is OBOR (One Belt One Road) One Belt One Road (OBOR) is an initiative originally coming from China’s president Xi Jinping in 2013. The plan is the single biggest initiative since the opening up of China...
Gold has tested $1300 level 3 times since April and it finally broke above the level on Monday and rose to the highest level this year. The trigger of the break seems to be the North Korea...
Gold Short Term Elliott Wave suggests that the rally from 8/15 low is unfolding as a zigzag. The first leg Minor wave A is subdivided as an impulse. Minute wave ((i)) of A ended at 1300.83, Minute wave ((ii)) of A...
Short term Gold (XAUUSD) Elliott Wave view suggests that rally from 7/10 low is unfolding as a a double three Elliott wave structure. Up from 7/10 low (1204.69), Minor wave W ended at 1274.11 and pullback to 1251.27 ended Minor...
Back in November 2016, we mentioned that Gold should find buyers in 1540 – 1487 area and bounce ideally to resume the rally for new highs or in 3 waves at least. 3 weeks later, XAUAUD reached the mentioned...
In our previous article, we talked about the Bullish Palladium XPDUSD which is supporting the commodity market for another leg to the upside. To be able to join for the move higher, we need to identify the potential scenarios and...
