FlowBank

1226 days ago

Gold retreated all to way to its 200-day moving average. Will this key support hold?

Source: Bespoke 

#Commodities
Gold and its 200 day moving average

1227 days ago

Yellen is back and this is music to the Gold bulls ears

Headlines are calling the end of the gold bull. But Yellen is back (to Treasury this time), negative yielding bonds are at new highs and the Fed's balance sheet is turning again. To Crescat Capital, something does not feel right. 

#Commodities
Gold /M2 Money Supply

1231 days ago

Gasoline demand never fully recovered after 1st lockdown, now 2nd has started...

It's not quite a V-shaped recovery in gasoline demand. 2020 plateaued underneath 2018 & 2019 levels

#Commodities
Gasoline demand never fully recovered after 1st lockdown, now 2nd has started...

1231 days ago

Gold: a long-term view

The Gold bull run post the Global Financial Crisis might look a bit similar to what we have seen since 2019. Key support to watch is the steep trend line slightly lower with the sand in line level around the 1850 area. Currently, the sentiment looks bearish which is a positive from a contrarian point of view (source: The Market Ear, Refinitiv) 

#Commodities
Gold long-term chart

1231 days ago

Dr Copper surges to a new 2-year high

Dr Copper is rising alongside the economic recovery in China and rising hopes for an economic recovery once a covid vaccine is approved and available

#Commodities
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