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Is silver about to break out? Commodities by themselves are not deflationary! They are dug out of the earth, and that both needs technology and people! The demand for gold and silver is higher, it becomes even higher when there is an industrial application to it. Along with inflation, it cost more and more to refine and dig out Silver/Gold! it cost more for machinery and people. Is Silver about to break out, this will be the 3rd time it will hit resistance, and this breaks then all the algo's will follow and drive it higher and higher. Its been a very long time since we had a commodity super cycle.
TVC:SILVERLong
by Macro-Traders-Strategies
DBA - Invesco Agriculture Fund Commodities are currently repricing lower due to the looming global slowdown. Meaning, there is more potential downside for commodities However, There are more significant tailwinds that will push commodity prices higher in the longer term. DBA ETF broke out of yearly downtrend in 2020 indicating that higher food prices are in the global outlook for the upcoming years. A pullback is probably overdue but after prices stabilize, we can see the DBA ETF push significantly higher. The first stop is fair value (red line).
AMEX:DBALong
by brandonmattis
Iron ore miners to Bull hard Hey guys, Good time to load up on iron ore miners who have been sold off recently but i dont see prices falling below that major long term support line it has bounced off. This chart is part of my thesis on the Inflation cycle to calm down over the next few months but as commodities like iron ore, copper, Oil etc start to bull again as people still have cash at hand to deploy as prices come back down. The Bullwhip effect has certainly started with retailers increasing stock by +25% while sales Revenue only increases by 3% something that confirms prices have started to fall but Major support being hit here and in other commodity showing people are back to buying and the commodities will lead the way back up starting the next wave of inflation that will hit a higher peak then current levels.
SGX:FEF1!Long
by jackwheeler
EURAUD: BULLISH EXPANDING 🔺 BIAS: BULLISH 🔺 TECHNICAL PROJECTION: BULLISH 🔺 We have a H4 breakout bullish confirmation, bullish momentum is expected to carry to 1.556 target. AREAS OF INTEREST: H4 time frame, bullish breakout confirmed- will be attempting to join in the "E wave" by break & retest method. FUNDAMENTAL PROJECTION: AUD is weak and will become weaker as it gets weighed down by lower commodity prices. The markets await the upcoming rate decision where there is a possible chance from 25 bps to 50bps on 5th July, which may bring strength to AUD... but until then we will be playing AUD weakness! EUR: As ECB President Lagarde indicated, the ECB would be looking to the CPI data as a guidance to their interest rate decision. A higher than expected CPI data which was revealed on Friday (8.6% Previous: 8.1%) could spur the ECB into a more aggressive policy adjustment which will strengthen EURO.
Long
by maraxrara
2
CRB Index ending Diagonal - is the commodity cycle done ? CRB Index has been trending steadily since the time the logistics issues cropped up along the Covid wave across countries , gaining additional impetus from the crude oil rally - ukraine war. However off late its a bit surprising that so many of the commodity shortage or panic demand factors are so quickly priced in , as the ending diagonal in CRB almost makes it certain by way of wave theory that a significant top is placed. This also shows the tendency to stay out of commodities as the central banks who have suddenly woken up to inflation - rather late are now not leaving any scope to increase rates.
TVC:TRJEFFCRB
by umakanthraok
What to buy and how to ride the commodity bull?Discussion: 1. Example on Natural Gas - breaking away from its range 2. Beginning stage of a “Growth” stage 3. Identifying and trading in its uptrend with multiple timeframes Disclaimer: • What presented here is not a recommendation, please consult your licensed broker. • Our mission is to create lateral thinking skills for every investor and trader, knowing when to take a calculated risk with market uncertainty and a bolder risk when opportunity arises.
NYMEX:NG1!Long
by konhow
May commodity checkMay commodity check: GC1! GOLD HG1! COPPER SI1! SILVER PA1! PALLADIUM PL1! PLATINUM ZC1! CORN ZS1! SOYBEAN LBS1! LUMBER ZW1! WHEAT CL1! OIL NG1! GAS Do your own due diligence, your risk is 100% your responsibility. This is for educational and entertainment purposes only. You win some or you learn some. Consider being charitable with some of your profit to help humankind. Good luck and happy trading friends... *3x lucky 7s of trading* 7pt Trading compass: Price action, entry/exit Volume average/direction Trend, patterns, momentum Newsworthy current events Revenue Earnings Balance sheet 7 Common mistakes: +5% portfolio trades, capital risk management Beware of analyst's motives Emotions & Opinions FOMO : bad timing, the market is ruthless, be shrewd Lack of planning & discipline Forgetting restraint Obdurate repetitive errors, no adaptation 7 Important tools: Trading View app!, Brokerage UI Accurate indicators & settings Wide screen monitor/s Trading log (pencil & graph paper) Big, organized desk Reading books, playing chess Sorted watch-list Checkout my indicators: Fibonacci VIP - volume Fibonacci MA7 - price pi RSI - trend momentum TTC - trend channel AlertiT - notification tickerTracker - MFI Oscillator www.tradingview.com
COMEX:GC1!
by Options360
AUDUSD and Commodity PricesFundamentals: Australia's exports are, mainly, iron ore, coal, petroleum gas, gold , and frozen bovine meat (4% and above total exports; especially iron ore and other ores (>20% of total exports). They also export inorganic materials, wheat and cereal, but this is less than 2% of total exports. Anything 4% and above is more significant. Australia's largest trade in exports with China, Japan, South Korea, United States, and India. The USD has seen strength and will continue to see strength in the near-term as the yield spread continues to favor a strong dollar. Drought in Argentina (informed by a close friend in Argentina) "Drought in US soil as of April 19, 2022 46.35% of the US and 55.38% of the lower 48 states are in drought. Acres of crops in the U.S. are experiencing drought conditions." www.drought.gov Demand from China has risen due to China's desire to urbanize its peasant farmers and the rest of their populace. Also, China's local producers have been severely impacted by China's zero covid policy. The country needs to import food as a result. The EU will use biofuel as a replacement of gas from Russia. Looking at this list and at commodity prices in general, I believe that this has and will eventually help to support and/or continue to support AUD or CAD currencies. This situation will help Australia's import/export terms of trade index. IT is only a matter of time until the RBA must raise rates. I think taking a small position in AUDUSD is ok here. Technicals: Horizontal Support Volume support I do not believe it will fly like a stock. But, I believe that it will bounce back up to major resistance in the medium-term; a quarter from now; maybe after the USD finishes is upward trajectory. Taking a small risk here is ok with me. Entered @ 0.7121 Stop@ 0.6965 Target@ 0.7590 Risk% = 0.50% Reward-to-Risk Ratio = 3:1 Potential loss = $1000 Potential gain = $3000
Long
by Rocketman
2
Lower commodity prices before higher $96 first, $80s nextEveryone's bullish commodities and calling for a supercycle and a breakout here. However, every commodity chart looks like it's in the process of topping or has already topped. Then if you look at this chart, it just hit resistance again and hasn't been able to break through. The highest probability scenario to me here is that we reject and fall lower to $96, then rally over summer, and fall lower in the fall/early 2023 to find a bottom in the $80 region. After that, I can see the case for commodities to rally, but don't think commodities are going to go up here like everyone thinks.
CBOT:AW1!Short
by benjihyam
4