Posts

Chart of the Day -XAUUSD- (Feb 14th 2019)

Gold has spent the last couple of weeks consolidating its gains in what looks like a bull flag.

The dynamics of the USD, Gold and CNH

During the past few years there has been a good correlation between the Gold and CNH. The Chinese Yuan has been a good proxy for US Dollar relative performance and risk on / risk off flows. As the Dollar strengthens, USDCNH naturally rises and vice versa.

Chart of the Day -Precious Metals- (Dec. 19th 2018)

Both popular precious metals (gold and silver) posted key reversal days today.

Precious Metals

Precious Metals are threatening with major technical breakouts

Precious metals – and commodities in general – have experienced a strong boost in the past couple of weeks. Oil seems to have been leading the charge since mid-2017 but what do we make of this move?

2018 – The Year Ahead

2018 is nearly upon us and the past year was certainly full of interesting events. Potentially dangerous political events in the EU – such as the French & German elections and the Catalan independence referendum – were safely navigated.

Are precious metals breaking down, or are we setting up for a big rally?

Gold and Silver are assets which have been of great importance for thousands of years. Up until a few decades ago, gold was explicitly linked to currencies (such as the US$) and was broadly used as money.