In the present video, Peter Martin from Trading 212 discusses the recent decline of gold. He starts with explaining how the US dollar prevented the commodity from profiting from its role as a safe haven. Martin also mentions the upcoming FOMC minutes, which tend to have a big impact on the commodity. The video then moves to charts. It shows the longer-term chart of gold in relation to the chart of the dollar. On the shorter-term charts, it demonstrates a bearish crossover of moving averages, which suggests that the bullish run of gold that started last year has indeed ended.

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Crude oil demonstrated mixed performance as traders were uncertain whether the Organization of Petroleum Exporting Countries and its allies will be able to maintain oil production cuts. On one hand, the OPEC signaled at its meeting during the weekend that it wants to keep the production cuts till at least the end of this year. But on the other hand, Russia said that it considers raising its output. Some market analysts argued that with several members of the output cut deal, most notably Saudi Arabia, having more than 100% compliance to the agreement, some countries can raise output without affecting global supply too much.
Geopolitical tensions also had mixed impact on the commodity. On one hand, trade wars threaten the global growth, which is negative to raw materials tied to growth,

The trade war between the United States and China continued to escalate, and metals reacted differently to that. Unsurprisingly, copper declined, while gold managed to eke out gains. Previously, the two world’s biggest economies implemented tit-for-tat tariffs on each other’s imports. Later, China signaled that it is not interested in talking with the USA, believing that Americans do not genuinely want a compromise.
Now, there is a new development in the trade war. Google announced that it revokes Android licenses for Chines tech giant Huawei. While existing Android phones created by the Chinese firm will retain their functionality, it will be extremely hard for Huawei to sell new devices without such services as Google Play.
Contract for delivery of gold in June gained 0.14% to $1,277.5

In the present video, Peter Martin from Trading 212 talks about crude oil as of May 16, 2019. He starts with explaining why the commodity was moving largely sideways lately. He then continues with showing charts of crude and the range in which the commodity was trading.

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The market sentiment stabilized, removing some of the risk premium from markets. That made gold settle below the psychologically important $1,300 level and allowed copper to rally despite negative macroeconomic data in China. But there are still plenty of geopolitical tension around the world to make investors stick to safer assets. Besides the US-China trade war, there are Brexit and the conflict between the United States and Iran.
Contract for delivery of gold in June was up 0.07% to $1,297.2 per troy ounce as of 21:11 GMT on COMEX today. Silver for delivery in July slipped 0.08% to $14.8 per ounce. Spot price for platinum was at $847.24 per ounce, while palladium traded at $1,345.25 per ounce. July copper rallied 0.84% to $2.748 per pound.
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In the present video, Peter Martin from Trading 212 talks about performance of gold and silver as of May 15,2019. Peter starts the video with recollecting how the escalation of trade tensions between the United States and China affected each metal. He then continues with chart of gold and silver, pointing out how strong they were at the end of the last year and how much they have retreated during this year. Peter also shows which metal had a bearish crossover of longer and shorter-term moving averages and which did not.

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In the present video, Phil Carr from The Gold and Silver club discusses crude oil as of May 15, 2019. Phil starts with explaining factors that were dragging crude down recently, the trade war between the United States and China specifically. He then talks about key levels for the commodity, including the range in which crude is likely to trade this week. The $60 level, being a round number, is psychologically important for traders. If oil falls below it, the fall of prices will likely accelerate. Phil concludes the video with discussing factors that will affect crude later this week, like the report on US crude oil inventories on Wednesday and the US oil rig count on Friday.

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In the present video, Phil Carr from The Gold and Silver club discusses gold as of May 14, 2019. He starts with explanation of fundamental factors that were driving the commodity lately and continues with discussion of factors that will likely affect bullion in the immediate future. The main question for traders now is: whether gold sustain its breakout above the $1,300 level or pulls back. Phil explains what levels the commodity can hit in either scenario.

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US-China trade tensions remained the main topic this week. The market sentiment sank after the news that China announced new tariffs on US goods in response to the similar move from the United States. As a result of risk aversion, gold futures surged above the psychologically important $1,300 mark. Unsurprisingly, most other commodities declined. Crude oil had rallied earlier on the news about a sabotage of Saudi oil tankers off the coast of the United Arab Emirates. Yet by now, crude has lost all of its gains and trades firmly in the red.
Contract for delivery of gold in June jumped 1% to $1,300.3 per troy ounce as of 18:17 GMT on COMEX today. July silver slipped 0.1% to $14.78 per ounce. Copper tanked as much as 1.96% to $2.72 per pound, which is not surprising considering that China is

The video provides outlook for the week of 13–17 May, 2019. It starts discussing factors that were affecting commodities in general last week. The video continues with demonstrating charts of gold, US crude oil, and silver, explaining their recent performance, showing what patterns have formed on the charts, and where the commodities may head in the immediate future.

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West Texas Intermediate crude oil ended Friday with small losses, while the Brent grade gained. The losses of the North American benchmark grade of oil were very limited, though, as fundamentals continued to look positive for the commodity.
Baker Hughes reported that the number of US oil rigs decreased by 2 this week. Tensions between the United States and Iran threaten supply from Middle East. Libyan state-run National Oil Corporation talked on its site about plans to increase oil production to 1.4 million barrels per day by the end of this year. But it also voiced concern that ongoing hostilities in Tripoli can threaten such plans.
June contract for delivery of WTI crude oil edged down 0.06% to settle at $61.66 per barrel on COMEX. At the same time, July contract for Brent crude advanced

Crude oil rose a bit today but was still heading to weekly losses. Crude managed to carve out gains with help of US nonfarm payrolls. While the solid employment figure hurt gold, it also helped commodities linked to growth.
Baker Hughes reported that US drilling firms increased the number of oil rigs by 2 last week. But that was not nearly enough to offset the previous week’s slump by 20 rigs, which put the total number of rigs to the lowest level in more than a year.
The real culprit responsible for this week’s losses of the commodity was the US oil inventories data. A report from the Energy Information Administration showed an increase of the stockpiles by as much as 9.9 million barrels last week, which was far above the expected increase by 1.3 million barrels.
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Gold declined today, heading to the lowest settlement since December. Other metals dropped as well, with the exception of palladium. The metals market was hurt by the rally of the US dollar that followed yesterday’s monetary policy meeting of the Federal Reserve. Initially, the currency dipped after the Fed left interest rate unchanged and reiterated that it will have patient approach in determining its future policy actions. But the greenback jumped sharply after Fed Chairman Jerome Powell cooled bets on a rate cut, saying that he sees no case for interest rates moving in either direction in the near future. Now, traders wait for tomorrow’s nonfarm payrolls.
Contract for delivery of gold in June lost 1.17% of its value to $1,269.2 per troy ounce as of 14:34 GMT on COMEX today. Silver

In the present video, Peter Martin from Trading 212 discusses the latest pullback of crude oil. He starts with explanation of fundamentals that were driving the commodity higher, like geopolitical tensions, and then explains the factor that made crude retreat, namely the huge buildup of US crude oil inventories. The video continues with weekly, daily, and 4-hour charts of oil. It also shows 25-day exponential moving average and 125-day simple moving average on the daily chart of crude oil.

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Prices for metals rose today after the US dollar dropped, hurt by the gross domestic product report. Commodities priced in the US currency tend to rally when the greenback declines.
US GDP climbed 3.2% in the first quarter of this year from the previous three months, accelerating its growth compared to the prior quarter and beating expectations. But while the headline figure was good, details were not so hot. Economists argued that they revealed that the economic growth was driven mainly by temporary factors and did not reflect the underlying health of the US economy.
June contract for delivery of gold rallied 0.71% to $1,288.8 per troy ounce as of 14:47 GMT on COMEX today. July contract for silver advanced 0.8% to $15.08 per ounce. Spot price for platinum climbed 1.31% to $898.79 per

In the present video, Peter Martin from Trading 212 discusses performance of crude oil as of April 25, 2019. The video starts with explanation of fundamentals that were affecting the commodity this week, like the end of waivers on US sanctions against Iran oil exports and the sharp jump of US crude oil inventories. It continues then with the weekly, daily, 4-hour, and 30-minutes charts of oil. The weekly chart shows the support level that is situated where this year’s rally started, while the 4-hour chart shows bearish divergence between price actions and RSI.

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In the present video, Peter Martin from Trading 212 explains fundamentals that were dragging gold down lately, like stronger US dollar and risk appetite. He then takes a look at both longer- and shorter-term charts of the commodity with moving averages, pointing at important levels. The video also shows a chart of the dollar, demonstrating inverse correlation between the US currency and gold.

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The present video provides outlook for crude oil, platinum, palladium, gold, and silver for the week of April 22–26, 2019. It starts with discussing performance of the commodities during the past trading week. The video continues with discussing charts of the commodities. It suggests at what price levels it will be good to buy crude oil and platinum. The video also explains different scenarios for gold and at which levels it will be advised to buy or sell the metal.

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Futures for crude oil jumped more than 2% today on the news that the United States plan to end the Iran sanctions waivers. While the USA had sanctions against Iran due to its nuclear program, some countries were granted waivers, allowing them to trade with the Middle Eastern country. But Washington Post reported yesterday that Secretary of State Mike Pompeo will announce today that all waivers will end on May 2 and any country that continues to trade with Iran afterwards will itself face sanction from the USA.
The potentially negative side of the news is that global trade tensions will likely increase. Relations between the USA the biggest importers of Iranian oil, namely China and India, will most certainly deteriorate. Relations between the USA and the European Union will likely worsen

In the present video, Peter Martin from Trading 212 discusses gold. The video starts with explanation of what factors were affecting bullion lately. It continues with chart of the commodity on different time frames, discussing price moves in relation to moving averages and what important levels were hit and can be hit in the near future.

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In the present video, Peter Martin from Trading 212 discusses crude oil. The video starts with explanation of what factors were affecting crude lately. It continues with chart of the commodity on different time frames, discussing price moves in relation to moving averages and what important levels were hit and can be hit in the near future.

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The US dollar rallied today thanks to some positive macroeconomic reports released in the United States during the trading session. Usually, stronger greenback is negative to metals and other commodities priced in the US currency. But today metals demonstrated extremely varied performance despite the dollar’s strength. Contract for delivery gold in June slipped a bit by 0.05% to $1,276.1 per troy ounce as of 19:07 GMT on COMEX today. Silver for delivery in May edged up 0.07% to $14.95 per ounce. Spot price for platinum jumped 1.22% to $900.1 per ounce, and palladium soared 1.64% higher at $1,420.52 per ounce. At the same time, copper for delivery in June plunged 1.53% to $2.928 per pound.
Zinc suffered from the stronger dollar, the same as other base metals, but it also had its own reason

Futures for crude oil declined today despite seemingly bullish supply report from the US Energy Information Administration. The official data from the EIA revealed that US inventories of crude declined by 1.4 million barrels to 455.2 million barrels versus the forecast increase by 1.6 million barrels. Market analysts speculated that traders were counting on a bigger decline after the private report from the American Petroleum Institute that showed a drawdown by about 3 million barrels.
Among positive factors for the commodity was economic data in China — one of the biggest consumers of oil. China’s economic growth remained steady at 6.4% in the first three months of this year, while forecasters had predicted a small slowdown to 6.3%.
Contract for delivery of WTI crude oil in May declined

The present video shows a daily chart of gold for April 15, 2019. It discusses how far prices can go in case of a drop and in case of rally, explaining which one is more likely.

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The video provides outlook for the week of 15–19 April 2019 for gold, silver, platinum, and crude oil. It starts with discussion of fundamentals that were affecting commodity markets lately. The video continues then with charts, explaining what they say about the commodities’ performance and what to do in different scenarios of price moves.

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The video talks about crude oil as of April 11th, 2019. The video explains fundamental factors that were affecting the commodity lately and that can affect it in the immediate future. The video proceeds then with discussion of crude oil charts.

Video by Trading 212.
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Most metals were trading lower today, with the exception of palladium, which was little changed. The possible reason for the losses was the release of minutes of the March Federal Reserve monetary policy meeting. The notes revealed that an interest rate hike remains in the cards — a prospect that is negative for metals, especially gold. But a cut seems also possible, and it would be very positive for the metal market.
Surprisingly, the US dollar was soft as well. Usually, metals and other dollar-denominated commodities trade inversely to the greenback, but that was not the case today.
Futures for delivery of gold in June declined 0.15% to $1,311.9 per troy ounce as of 22:48 GMT on COMEX today. May contract for silver dropped 0.35% to $15.19 per ounce. Spot price for platinum slipped 0.08%

The present video discusses gold as of April 10th, 2019. The video starts with a discussion of the recent performance of gold, which factors were driving it, and which factors may affect it in the near future. The video follows then with discussion of charts of the commodity, explaining what price levels can be considered support and resistance.

Video by Trading 212.
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Gold dipped during the past trading week but managed to recover by the weekend. Furthermore, the metal started this week’s trading with significant gains. Does that mean that traders should be bullish on gold? Not necessarily.
The biggest potential problem for bullion is the relatively positive outlook for the US dollar. Traditionally, gold trades inversely to the US currency, and if the greenback indeed rises then the yellow metal will be in trouble.
Indeed, DailyFX made a bearish forecast, pointing at central banks as probably the major drivers for the commodity this week. The European Central Bank will conduct its monetary policy meeting on Wednesday, while on the same day the Federal Reserve will release minutes of its latest meeting. Both central banks were dovish lately, and any more

The video provides a weekly forecast for the week of 8 — 12 April 2019 for crude oil, gold, silver, and platinum. The video starts with a short discussion of fundamentals that were affecting commodity markets in general during the past week. It then follows with charts for each of the commodity, discussing the potential price moves and how traders can react to them.

Video by the Gold & Silver Club.
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