Synchronized breakouts in gold and silver

Gold and silver updateWhat is our trading focus? XAUUSD - Spot gold XAGUSD - Spot silver XAUXAG - Gold-Silver ratio GLD:arcx - SPDR Gold Shares ETF GDX:arcx - VanEck Gold Miners ETF ____________________________________________________________________________________________________ CNBC interview discussing the latest gold developments Spot gold has broken above $1800/oz thereby succeeding what it...

Breakout Identified in USDJPY

The Breakout Opportunities system has just sold USDJPY at 107.488. The system recommends entering this trade at any price between 107.312 and 107.56. The signal was issued because the USDJPY has broken its 24-hour low while our Speculative Sentiment Index was at 2.112, suggesting that the USDJPY may have further...

Market Quick Take – July 8, 2020

The equity market is retreating after failing to push higher as nervousness is building over the deteriorating COVID-19 situation in the US with forecasting now suggesting a significant increase in deaths over the coming months. Gold is close to pushing through 1,800 as inflation expectations are rising and oil is...