Buy Gold at 1,790/70
Tactical bull turn for gold in the making as we reverse from short to long at our 1,790/70 target into a wave 5 terminal low.
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Why Is Gold Ownership so Low?
The chart below shows the performance of gold against the S&P500 and NASDAQ since 2000. Gold has demolished both. It’s a striking picture...
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The Commodity Report #57
The benchmark, CRB Commodity Index, ended the week 3,4% lower It was a tough week for investors who have long positions on commodities in place....
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The Commodity Report: CRB Commodity Index Ended the Week 5.1% Lower
Besides global growth concerns as Central Banks step up their battle against inflation, and China's zero-covid restrictions may stretch into 2023,...
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WTI Support Breach
WTI break below 116 wedge support. Fresh long support at 105/108. Oil still looks crowded with shakeout risk if a recovery fails under 115.
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