Futures_Pro

    • Futures_ProFutures_Pro
      ·04-11 20:07

      Can gold break through the $3,000 mark?

      Gold $Gold - main 2406(GCmain)$ prices have set a new record for the eighth consecutive trading day, with spot gold prices surging to $2,364.96 per ounce during the session, and US gold futures prices rose even more, touching $2,379.70.Since mid-February, gold prices have rallied by over 18%.The World Gold Council (WGC) recently pointed out that the fundamental factors supporting this surge in gold prices include rising geopolitical risks, steady central bank purchases, and consistent demand for jewelry, gold bars, and coins.But there's something puzzling about this gold rally: it lacks a clear trigger. Right now, the markets are really scratching their heads over the Fed's next move.According to data from the CME Group, the market expects a 5
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      Can gold break through the $3,000 mark?
    • Futures_ProFutures_Pro
      ·04-11

      Oil prices are surging toward $100 a barrel?Here's what to know

      Driven by the escalation of geopolitical conflicts, market concerns about the tense situation in the Middle East and the interruption of energy supplies such as oil, international crude oil once soared sharply. The picture shows the price trend of the May WTI crude oil futures contract, which is currently hovering at $86.35.PictureFrom the perspective of supply and demand, the sluggish demand has led to no large-scale destocking even though OPEC continued to cut production. However, U.S. crude oil took the opportunity to seize market share and increased production and exports on a large scale. The global crude oil supply is not tight. The rise in crude oil prices is mainly due to the geopolitical crisis and speculative buying under the expectation of the Fed's interest rate cut. Looking ah
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      Oil prices are surging toward $100 a barrel?Here's what to know
    • Futures_ProFutures_Pro
      ·04-10

      "The Gold breakout to the round number 2400 will continue this week! "

      Spot gold briefly moved higher, setting a new all-time high at $2,356.06 per ounce on Monday. The breakout to the round number 2400 will continue this week!After reducing their gold holdings at the turn of the century, central banks are once again increasing their holdings of gold, and with great vigour.Geopolitical tensions have also intensified will further push up gold prices.Therefore, the downside risk of gold prices is limited, and the upside is still very large. The possibility of gold prices reaching $3,000 or $3,500 per ounce is much greater than the possibility of falling back to $1,600.The current strategy suggests that we still maintain the M buy idea, and when the subsequent price retracement occurs, buy on the low side of the main, should not enter the sell order.Lower attent
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      "The Gold breakout to the round number 2400 will continue this week! "
    • Futures_ProFutures_Pro
      ·04-06

      Select US copper stocks and ETFs in 2024 - MTAL, TGB, FCX, IE, BVN& DBB

      Copper is often seen as one of the "barometers" of the macro economy, because its price is greatly influenced by the overall economic environment. Its production and consumption are closely related to macroeconomic operations, earning it the nickname "Dr. Copper".If you're bullish on global economic growth, electric vehicles, and green energy, there's no reason not to be bullish on copper too. Fortunately, the US stock market offers investors a wide range of mining and metal companies, as well as exchange-traded funds (ETFs).Here are the 6 most worthwhile US stock copper stocks and ETFs for investors in 2024:CompanyTickerMarket Cap (in billions)Previous PriceYTD 2024Freeport-McMoRanFCX$67.30$49.4716.21%Invesco DB Base Metals FundDBB$9$19.054.10%Buenaventura MiningBVN$4.20$15.884.20%Taseko
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      Select US copper stocks and ETFs in 2024 - MTAL, TGB, FCX, IE, BVN& DBB
    • Futures_ProFutures_Pro
      ·04-03

      Why are gold stocks underperforming gold?

      In the past month, gold $Gold - main 2406(GCmain)$ prices are hitting new highs. And on the first trading day of April, the price of gold hit a record high of $2,265. Besides the latest inflation data in the US that solidifies the expectation of Fed rate cuts, precious metal prices are also supported by risk factors such as geopolitical tensions.Meanwhile, the price of large Gold mining stocks, represented by $VanEck Gold Miners ETF(GDX)$, is still down 2% over the past year; Junior Gold Miners, represented by $VanEck Junior Gold Miners ETF(GDXJ)$, are down 1.17% over the same period, puzzling investors.This is the biggest disconnect he's seen in his 25 years
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      Why are gold stocks underperforming gold?
    • Futures_ProFutures_Pro
      ·04-03

      Are your Gold buy orders still in place?

      The signal for $Barrick Gold Corp(GOLD)$ to stop falling is coming and the technical pullback can't stop gold's upward momentum! @TradersXauusdThe main $Gold - main 2406(GCmain)$ contract broke through $2,300 per ounce, hitting another record high. Spot gold continued its overnight gains in early trading, setting a new all-time high of $2,288 per ounce. Spot gold is also set to reach 2300 today and I have been stressing that gold will make further new highs, unsurprisingly!Are your buy orders still in place? $SPDR Gold Shares(GLD)$
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      Are your Gold buy orders still in place?
    • Futures_ProFutures_Pro
      ·04-02

      Gold price's new highs didn't end there!

      Gold continued to break new highs in Asia yesterday on the back of weekend data and geopolitical factors, but the new highs didn't end there! XAUUSD (Gold) - Traders at X platform pointed this week will be the probability of breaking through 2300!The technical aspects of the European and American markets fell back, could not resist the momentum of the rise! 1H trend in the vicinity of touching 2228, maintaining the oscillator upward, the bottom of the bottoming success, today will further break through the new highs, the highs are concerned about the 2265.5 resistance, the probability of breaking through the resistance today to reach the new highs, remember to buy orders to trade mainly! More real-time signals, home page add my contact information!Image
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      Gold price's new highs didn't end there!
    • Futures_ProFutures_Pro
      ·03-27

      Cocoa Breaks $10K: Are You Prepare for Rise in Chocolate Prices?

      Cocoa-producing regions, especially West Africa, have faced the brunt of climate change this year. Extreme weather and disease devastated cocoa production in West Africa, the source of 70% of the world's cocoa. This led to a nearly 138% surge in cocoa prices, exceeding $10,000 per tonne for the first time. Actually, cocoa futures continuously rose in 2023, with a yearly increase of over 70%.With Easter approaching, demand for chocolate has surged, driving cocoa prices up. Traders anticipate a global cocoa bean shortage, driving up chocolate prices.Meanwhile, the butter needed for chocolate production has also been steadily rising to €5700. Chocolate prices may increase either this year or next. According to Euromonitor International data, chocolate prices in the US market have risen by a t
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      Cocoa Breaks $10K: Are You Prepare for Rise in Chocolate Prices?
    • Futures_ProFutures_Pro
      ·03-26
      Gold $Goldman Sachs(GS)$ pulled up quickly after the European session and reached the $2200 round figure again and is now quoted near $2193 and hovering downwards! The US market is focusing on the support around $2180, and relying on this position, one can choose to continue to enter buy orders at $2183-85!Image
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    • Futures_ProFutures_Pro
      ·03-22

      The Bank of Japan just made a historic rate pivot. What could happen next?

      In the past two years, in order to cope with the problem of high inflation, the central banks of major economies represented by the United States have started the rate hike cycle one after another, but Japan is an exception. As the only remaining "negative interest rate" in the world, Japan has maintained a loose monetary policy for a long time. However, the situation has changed now.A few days ago, the Bank of Japan announced an increase in the policy interest rate, and the negative interest rate policy that lasted for many years came to an end. It is worth mentioning that this is the first rate hike of the Bank of Japan since 2007, and the eight-year "negative interest rate era" in Japan has officially ended.Although the Bank of Japan's move shows its confidence in economic recovery, it
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      The Bank of Japan just made a historic rate pivot. What could happen next?
       
       
       
       

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