Tag: Precious Metals

Palladium … Culled From The Herd

So what’s going on with Palladium? Looking back at history, all major metals hit an intermediate peak in the first half of 2008, followed by an intermediate bottom in late 2008, most moving to new highs into 2011. Palladium’s ability

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US Dollar Index … Approaching A Crossroad

We seldom comment on the US Dollar Index (symbol: DX), however we do track the index closely to understand the potential influence on US Dollar denominated commodity prices. The US Dollar Index is approaching a crossroad in the $89.71 to $92.41 range. These levels

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Silver … Found Support !?!

In our previous post dated 24Oct14, ‘Silver … Where’s Support?‘, we forecast a test of the $14.81/oz level with the potential for that area halting the downward trend which commenced in Apr11 from the $49.82/oz high. Silver is in the process

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Silver … Where’s Support?

Silver futures (symbol: SI) have broken down through critical support at the $18.185/oz level. This follows a ‘false breakout’ in Jun14, resulting in the creation of another new major downtrend line. So where does the next major level of support exist?

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Silver … Potential Break Out!

Silver futures (symbol: SI) have experienced a large, yet choppy, sell off from its $49.82 high of Apr11. The movement down to $18.185 in Jun13 represents a 76% retracement, a common retracement target. After three plus years of consolidation, Silver

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