Tag Archives: metal

Platinum to Gold Ratio

On 7 February I posted a discussion on a buy platinum/sell gold pairs trade strategy. This was based on a tight supply situation in platinum with entry triggered by a set up in the ratio chart. So far so good.  The ratio between platinum and gold has … Continue reading

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Platinum – breakout strategy

While platinum fell heavily during last month’s “flash crash” it bounced off medium term trend line support, unlike gold which smashed below its support. Holding this long term support, could favour a bullish set up if platinum breaks out of the current range … Continue reading

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Copper Triangle

Copper broke below the triangle support line triggering entry on the sell strategy I discussed in a post last Friday 1 March. No warm inner glow of anticipation from a big initial move here. At this stage, the market is hanging … Continue reading

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Copper – Sell on break below triangle support

Copper’s steep decline over the past 2 weeks has brought it to a critical level. A clear move below trend line support here would mean a break out of a well established triangle. Weakness in the Asian session today puts a break during the London … Continue reading

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Gold Demand and Outlook

The World Gold Council released its 2012 demand statistics this week. I’ve pulled out a few interesting highlights and posted some brief observations on the outlook for gold with a review of the chart.

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Copper at resistance

I posted details of a buy set up in copper when it was testing triangle support back on 19 November. It’s taken a while but, the red metal last night arrived at the resistance line on the upper side of the triangle. … Continue reading

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Silver testing an interesting resistance level

The context of the longer term weekly chart creates a bullish bias for the silver chart, I reckon . This makes a break above the resistance currently being tested on shorter term charts look like a buy set up

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Gold and Platinum

The Platinum price has recently been at its lowest level compared to Gold in over 16 years. This looks like an opportunity for pairs traders prepared to “stalk” this trade and keep an eye on the relationship between these metals.

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Copper at support

Housing starts have averaged 761,000pa in the US over the past 6 months. That’s up a healthy 24% on the 612,000 starts in 2011. New dwellings are a major source of demand for copper and with China’s economic growth showing signs forming a base around current levels, the … Continue reading

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Gold chart – the case for a bullish outlook

With President Obama’s re-election, it’s likely that quantitative easing will remain in place until such time as US economic growth gets considerably stronger. Given the expected drag on growth from efforts to reduce the government deficit, the label QE infinity seems appropriate for quite … Continue reading

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