Silver Cash (SIY00)
Silver Futures Market News and Commentary
Dec Comex gold (GCZ19) on Friday closed down -4.2 (-0.28%), and Dec silver (SIZ19) closed down -0.034 (-0.19%). Precious metals prices closed lower Friday as Brexit optimism undercut gold prices and a slowdown in China's economy bolstered industrial metals demand concerns and pressured silver prices. 10-year UK gilt yields moved higher Friday, which is bearish for gold prices, on optimism the UK Parliament on Saturday will pass the Brexit deal that UK Prime Minister Johnson struck with the EU on Thursday. Silver prices fell back on industrial metals demand concerns after Friday's data showed China Q3 GDP rose +6.0% y/y, weaker than expectations of +6.1% y/y and the slowest pace since the early 1990s. Losses in precious metals were limited Friday as dovish Fed commentary pushed the dollar index down to a 1-3/4 month low. Dallas Fed President Kaplan on Friday signaled he is in favor of additional Fed interest rate cuts when he said, "global growth is decelerating due to trade tensions an... Read more
- Silver: Short-Term Charts Indicate Long-Term Bull Trend Moves
For most of 2019, the emerging trends in the precious metals space have been undeniably strong.
- Palladium Prices Hit All Time Highs This Week
- The Trend Trader For Futures Trading on Monday, October 21, 2019
The Trend Trader helps to identify the current trend status of your favorite futures markets. It not only helps us to stay on the right side of market...
- Algo Trading System Gold Report For 10/21/2019
Based on 8 algo trading strategies developed with the Strategy Factory approach and 4 indicator based algo strategies, the current position bias for Gold...
- Gold during Global Monetary Ease
Another round of global monetary easing has just begun! More than 30 central banks around the world have cut interest rates this year so far. The Fed and...
- Our Full Report - Blue Line Morning Express
Our whole report this Friday. ES, NQ, Crude, Gold. Actionable research out early each morning to brokerage clients with full technicals.