Tag: weekly gold report

Gold Chart of The Week

Posted on by The INO.com Team

Each Week Longleaftrading.com will be providing us a chart of the week as analyzed by a member of their team. We hope that you enjoy and learn from this new feature.

Weekly Gold Report (November 18th through November 22nd)

Welcome to another week that have the US FED in the drivers seat from beginning to end. I would love to take time to forecast a few economic figures released this week in Europe and the United States, but there is little reason to do so.

Last week we heard from Janet Yellen regarding the FED and the economy, and her dovish rhetoric stole the show. Traders and investors began buying equities the day prior to her speech and that continued during and after she made it clear that her stance was one that would be supportive of further easing. Continue reading "Gold Chart of The Week" →

Gold Chart of The Week

Posted on by admin

Each Week Longleaftrading.com will be providing us a chart of the week as analyzed by a member of their team. We hope that you enjoy and learn from this new feature.

Weekly Gold Report (August 19th through August 23rd)

Market bulls were dealt a blow last week as stock traders began booking profit on long positions in expectation of a FED taper in their bond purchase program. The selling pushed the stock indexes lower throughout the week until the Dow suffered its largest weekly drop in over a year. Similarly, the US Bond Markets fell under pressure as traders continued to try to anticipate the FED’s next decision regarding Quantitative Easing and Interest Rates. Continue reading "Gold Chart of The Week" →

Gold Chart of The Week

Posted on by admin

Each Week Longleaftrading.com will be providing us a chart of the week as analyzed by a member of their team. We hope that you enjoy and learn from this new feature.

Weekly Gold Report August 12th through August 16th

Summer markets and light volume trading should continue to be the focus for the upcoming week. Despite the fact that the next five trading days have quite a bit of data to present, the reports are divided equally between the United States and Europe, along with a few from Japan and Great Britain. This mix of intermarket and intercontinental data should provide decent intraday volatility to trade, but I do not expect any fireworks.

The two standouts this week will be Retail Sales in the US and GDP reports from Germany, France and the Eurozone. Any one of these reports can provide some nice movement in the Currencies and Stock Indexes, but lighter volume trading should cap any major movement. Continue reading "Gold Chart of The Week" →

Gold Chart of The Week

Posted on by The INO.com Team

Each Week Longleaftrading.com will be providing us a chart of the week as analyzed by a member of their team. We hope that you enjoy and learn from this new feature.

Weekly Gold Report (July 22nd through July 31st)

Ben Bernanke remained in the spotlight last week when his testimony reminded global markets that FED tapering would not begin until unemployment is below 6.5% and inflation is moving above 2%. That was the third or fourth reminder of the outcome of the FOMC meeting that took place a few weeks ago. So just in case anyone forgot the message the first two times, he was sure to get the news to them from another platform.

The reminder kept most commodities nicely underpinned and  provided decent intraday volatility to trade throughout the week. Continue reading "Gold Chart of The Week" →

Gold Chart of The Week

Posted on by The INO.com Team

Each Week Longleaftrading.com will be providing us a chart of the week as analyzed by a member of their team. We hope that you enjoy and learn from this new feature.

Weekly Gold Report (July 8th through July 12th)

As expected, markets overall went through the lighter volume volatility trade last week due to the July 4th Holiday. The only standout was the Crude Oil Futures, which spent the entire week pricing in the news in Egypt. Aside from that, most other markets went through the usual rangy market swings that are expected around shortened Holiday weeks, especially those in the Summer.

I anticipate we will see similar movement in the week ahead as Summer trading continues. Additionally, the upcoming week is a bit light on tradable news. Aside from reviews from the monthly meetings of the Central Banks in the US and Japan, we begin quarterly earnings reports in the US Stock Indexes. If there are no major surprises, I would expect the same type of volatility we saw in the prior week. Continue reading "Gold Chart of The Week" →