GC2212 (Gold - Dec 2022)
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avatarTBITrades
2022-12-17

Trade Idea: GOLD

I am currently NEUTRAL (but leaning BULLISH) on $Barrick Gold Corp(GOLD)$. Here's a look at their daily chart: As you can see, the stock is currently trading in a rising wedge formation, which is preceded by a move down and which is characterised by higher highs and higher lows that eventually converge and leads to a breakdown. As if yesterday, the stock briefly dropped below the rising wedge signifying a possible breakdown but found its way back into the wedge by the end of the day as the market continued to sell off across the day.  On a fundamental note, investors have been flocking back towards risk-off assets (i.e. bonds, gold, silver etc.) as the Fed has suggested that the economy is headed for a recession and a tar
Trade Idea: GOLD
avatarDiegoM1
2022-11-14

Macro Markets| Thoughts on bonds& Gold

Brazilian rates sufffer a big spike last week due to fiscal issues so as long as it doesnt fix.. we are up on rates. British bond are getting some relief from bad times .. but not much better.,.. for moment itsz up.   British pound is getting a good news ahead... I wait it to be on way up. $British Pound - main 2212(GBPmain)$  Dollar correction is creating a massive opportunity to get long. $E-Micro Gold - Dec 2022(MGC2212)$ $Gold - Dec 2022(GC2212)$ Follow me to learn more about analysis!!
Macro Markets| Thoughts on bonds& Gold
avatarKyleRodda
2022-10-27

Analysis on 27 October--US Macro Economy

Your morning bite. A smaller-than-expected BOC hike raises hopes for slower rate hikes globally. Meta's results stink.Stocks: Microsoft and Alphabet earnings weighed on Wall Street last night. Meta's earnings  this morning is likely to extend that trend. lt posted weaker than expected results, with EPS coming in below the $1.86 estimate and at $1.64. Revenues declined, and revenue guidance was below expectations. The S&P500 fell 0.7% and the NASDAQ dropped 2.3% in cashtrade. SPI Futures are implying a 26 point lift for the ASX200 this morning.  $S&P 500(.SPX)$  $NASDAQ(.IXIC)$  
Analysis on 27 October--US Macro Economy
avatarKon How
2022-10-04

Gold is an Inflation Hedge Asset

Gold is still considered to be an inflationary hedge asset against currencies, including the US Dollar. If you are studying the day-to-day movements, many will miss it. However, if viewed from the macro perspective, Gold is clearly a winner. According to Bloomberg, with Truss Budget Shocks last week, brokerages see surge in demand from British retail investors and London gold dealers run out of bullion. The real danger will be with the continuous rise in interest rates and yet the dollar starts weakening, just like the pound. Not happening now, I am keeping watch on this closely. More video tutorials, follow by YouTube channel:Invest & Trade with Insight
Gold is an Inflation Hedge Asset