MrRenev

Hard commodities monthly forecast

MrRenev Updated   
TVC:GOLD   CFDs on Gold (US$ / OZ)
Gold





If it could provide a buy signal and just rip up after that so I can hold a winner and not have to spend all my time being desparate for opportunities and hunt and keep looking at 20 charts... I just want to hold a big winner and go on holiday rather than grind like a dog sniffing for setups and not getting anything.


Crude Oil





Shouldn't get much opportunities on Oil...


Natural gas





Coal


As you can see Coal... Nah I'm just kidding I don't speculate on that.

It's all low too, all fossil fuels are. They are at their cheapest and what can only be described as idiots are telling emerging countries like Nigeria "No no don't use fossil fuels bad for planet 97% of scientists we pay say they agree that burning fossil fuels emits co2, please keep living in the middle ages so we may keep enjoying our way of life till the last drop".

One day demand is going to go ballistic and prices will surge...


Copper

First of 2 industrial metals... I am eager to look at more actually. Zinc...




Nickel


* I don't use TradingView for metals traded on the LME. This chart is just close enough.

If people are all broke and nothing gets down well the price of everything would drop.
Wouldn't that then fix the problem?



Comment:
The nickel bounce might already be over.

Investing.com has the clean chart (they use tradingview "tools" and have the correct metals charts)
invst.ly/moq-q

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