Forecasts & Analysis | Commodities, Page 5
Gold Price Forecast – Precious Metals & Mining Update
Precious metals and miners are consolidating before their next advance. Gold could reach $1700+ by March, and we see explosive potential in silver.
Asian Markets Mixed as Investors Contemplate Coronavirus Threat
Asian stocks and currencies are mixed as investors grapple with the extent of the coronavirus outbreak and its potential implications on the global economy.
USD Is Not Willing To Take A Break
In the middle of the week, I think we can already state that the main topic on the Forex market is the reversal on the American Dollar. Dollar bears tried their chances yesterday but the USD weakness was contained very efficiently. In few cases, that allowed to create sweet reversal
Junior Gold Miners Setting Up For A Breakout To The Upside
Our recent research suggests the US stock market may be entering a period of volatility that may include a broad market rotation/reversion event. We believe this volatility event could begin to happen anytime over the next 10 to 30+ days.
CDC Rings In A Level Two Alert Watch “ Practice Enhanced Precautions.”
The CDC has reported it’s first US confirmed case of Coronavirus and has adjusted their traveler alert watch to Level 2, which advises travelers to “practice enhanced precautions.” The travel alert effectively capped the US market recovery from overnight lows and turned stocks moderately south again into the close.