Forecasts & Analysis

The stock is trying to settle below $148.

The US dollar has initially pulled back during the course of the trading week, only to turn around and show signs of strength yet again.

The British pound has fallen significantly during the course of the week, only to turn around and show signs of life again. That being the case, it certainly looks as if we are hanging on.

The British pound initially fell during the course of the trading week to reach down towards the major support level. That being said, we have turned around to show signs of life again.

The Euro has gone back and forth during the course of the week, showing signs of hesitation to break down through support.

The Australian dollar has had a very eventful week, going back and forth in a very choppy mannerisms. The market is obviously trying to figure something out, which could have ramifications going quite a bit further into the future.

Silver declined below $22.30 and tested the support level at $22.10.

Biden scaled back on his infrastructure bill. However, with all the remaining cards still in play, his economic agenda should be positive for gold.

Knock, knock? Is it already the sky, or just a ceiling? Either way, oil has risen substantially — how high can it go?

Friday’s price action suggests the market may be ripe for a near-term setback. The move is expected to end when crude oil hits a value area.