It’s the weekly Gold Rush!
This week Strazza and I dig into the COT profile for Gold and Silver, revealing the sentiment behind the smart money.
Check it out… [Read more…]
Expert technical analysis of financial markets by JC Parets
by Ian Culley
It’s the weekly Gold Rush!
This week Strazza and I dig into the COT profile for Gold and Silver, revealing the sentiment behind the smart money.
Check it out… [Read more…]
by Ian Culley
From the Desk of Ian Culley @IanCulley
What will ignite a precious metal rally to new all-time highs?
We often discuss the dollar and real yields as critical catalysts for a sustained uptrend for gold and silver. It’s simple: These shiny rocks will struggle if the dollar and rates continue to rise.
But there’s more.
I want to share another crucial piece of the puzzle – commercial positioning.
by Ian Culley
It’s the weekly Gold Rush!
This week Strazza and I highlight critical levels to keep on your radar in the coming days and weeks.
Check it out… [Read more…]
by Ian Culley
From the Desk of Ian Culley @IanCulley
The dollar is back and on the move.
After falling for four straight months, the US dollar index $DXY is up three days in a row. Whether the near-term dollar strength turns into a more sustained trend is anyone’s guess.
Regardless, risk assets feel the pressure as many areas begin to correct, including precious metals.
Despite this recent selling pressure, we have clear levels to trade against when it comes to Silver and mining stocks. [Read more…]
by Ian Culley
It’s the weekly Gold Rush!
While Gold futures digest overhead supply, strength broadens across the metals space.
Check it out… [Read more…]
by Ian Culley
From the Desk of Ian Culley @IanCulley
Plenty of gold bugs have Krugerrands buried in their backyard or basement – if not secured in a safety deposit box at their local bank.
It’s no wonder gold falls under the “end-of-the-world” category of assets.
Regardless, gold prices can also rise with risk assets.
I raise this point not only as an important reminder but because it’s pivotal to understanding our bullish thesis for precious metals.
It’s a metals story…. [Read more…]
by Ian Culley
It’s the weekly Gold Rush!
The intermarket landscape provides favorable conditions for precious metals as the US dollar experiences an unabated decline.
Check it out… [Read more…]
by Ian Culley
From the Desk of Ian Culley @IanCulley
Gold is running into supply.
Whether the former 2011 highs still hold any psychological significance doesn’t matter.
Gold bulls continue to find an overwhelming amount of sellers at that level. This will remain the case until demand absorbs supply.
How long will that take? It’s anyone’s guess – maybe weeks, perhaps even months or quarters.
The point is, gold needs time.
Meanwhile, silver futures are coiling within a tight range… [Read more…]