Gold

Post election trades: Why being patient pays

The volatility that has been triggered by the US presidential election has been great for some and nightmare for others. I wanted to share a couple of before and after charts to make a point that being patient always pays. Just because it is the presidential election, you don’t need to jump into trades that …

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[Video] Gold set for breakout above $1920?

Following several failed attempts, gold looked set to break and (hopefully this time) hold above that long-term and pivotal level of $1920/1. In this video, I have provided my latest thoughts on gold, silver and the dollar index, and given some insights in how I manage trades. There’s something to learn from this video, even …

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[Video] Gold testing key support

Will it bounce and resume its bullish trend or break down and drop like a stone? Gold, which has been correlating more positively than negatively with the S&P 500 over the past few years, has fallen along with technology stocks in recent days. The dollar has also bounced back, and this has provided additional pressure. …

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[Video] Gold closes in on all-time high as silver jumps 6pc

Both precious metals have continued higher as the breakdown in the gold-silver ratio caused silver to jump 6% as it broke though the $20 psychological hurdle before reaching $21. Gold, which had already been outperforming for months, has also extended its gains, but less spectacularly. As promised in my previous analysis video on precious metals …

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[Video] Gold and silver break further higher

Both gold and silver extended their gains today, so I figured it was time to provide some analysis on the precious metals. People that follow me know I have been bullish these metals for a long time, and I continue to think more gains will be on the way, especially silver which looks relatively inexpensive …

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[Video] Gold: stage set for breakout

Gold has been printing constructive price action of late, pointing to a potential breakout. Investors have been buying the dips in gold mainly because of the view that long-term interest rates will remain very low thanks to the vast central bank stimulus. In addition, the metal has been supported by haven flows due to elevated …

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Gold testing resistance

Gold broke down on Friday as stocks rallied on the back of the much-stronger US nonfarm jobs report, which further fuelled optimism about the recovery. The dollar index closed higher, ending a run of losses. However, at the start of this week, the precious metal has started higher again on the back of a mixed …

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Will gold hold THIS pivotal level?

Gold has been stuck in an ugly range for several weeks now. But more recently, the pressure has been growing for a downside breakdown as stocks surged on lockdown easing hopes and amid central bank support. Today, the metal was testing a key support level, and traders were wondering whether support will hold given the …

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