Tag: platinum price

Metals Complex: Every Which Way but Up

Metals Complex: Every Which Way but Up

Gold is unresolved but weak. Silver looks neutral. Aluminum is poised to reverse the base. Copper is retreating from major resistance. Platinum poised to break down. Palladium is neutral.

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Gold Chart – False Breakdowns And Breakouts Suggest Indecision

Gold Chart – False Breakdowns And Breakouts Suggest Indecision

Gold Spot price experienced a false short-term breakout through the April 2014 peak at 1,327, and promptly fell back into the narrow trading range of the past 4 months. In failing, Gold put in place a third lower rally peak since 2013 suggesting there is not yet enough demand to get through those resistance levels. Each lower rally peak suggests someone coming in to sell the rally.

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Gold, Silver, Palladium Mildly Rally in June 2014 While Platinum Neutral

Gold, Silver, Palladium Mildly Rally in June 2014 While Platinum Neutral

This is the monthy technical analysis by Louise Yamada, exclusively for premium subscribers. In her June 2014 report, she shows the technical levels to watch for all four precious metals. Gold’s rally carried through the 2012 downtrend and lifted again through the 200-day MA. The weekly momentum model is trying to turn positive and the monthly is also trying to improve toward positive. Silver and palladium have a similar technical picture.

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Platinum And Palladium: The Birth of a New Bull Market

| May 19, 2014 | Category: Price
Platinum And Palladium: The Birth of a New Bull Market

Because underneath the headlines lies an irreparable situation with the Platinum Group Metals market, one that will last at least several years and probably more like a decade. This market is teetering on the edge of a supply crunch, one more perilous than many investors realize. As the issues outlined play out, prices will be forced higher—which signals that we should diversify into the “other” precious metals now.

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Precious Metals Set V-Bottom At Key Support Level

| April 24, 2014 | Category: Price
Precious Metals Set V-Bottom At Key Support Level

The precious metals have had a very choppy day, with the triggering of downside stops resulting in sharp falls in gold, silver, platinum and palladium. All of the metals have since stabilised and recovered, though palladium is the only metal actually trading higher on the day. Palladium meanwhile continues to garner support from further ETF inflows.

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The Real Reason Why Platinum And Palladium Prices Will Rise

The Real Reason Why Platinum And Palladium Prices Will Rise

Platinum and palladium are primarily responsible for purifying the air from motor exhaust of most of the pollutants that threaten air quality. So far, the price increase has been entirely due to supply constraints. Demand has been steady because of a lackluster recovery. If we experience a recovery of demand, the impact on the price of the metals could be dramatic. I believe it’s a matter of ‘when,’ not ‘if’ that happens.

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It’s Official: Platinum and Palladium Have Broken Out

It’s Official: Platinum and Palladium Have Broken Out

In the last few weeks, we had “warned” several times how the price of platinum and palladium were at major resistance on their long term daily charts. As of today there is no doubt anymore. Both metals have broken out strongly on big volume. All conditions are met for a long term break out.

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Precious Metals: A Pressure Cooker

| February 22, 2014 | Category: Price
Precious Metals: A Pressure Cooker

As we noted two weeks ago, precious metals and miners are all simultaneously at a rarely seen juncture on the price charts. The situation has evolved meantime and it feels like an enormous pressure cooker. In this update, we show the latest charts at the close of the week. It appears that gold and silver are right above their important 200 day moving average, while platinum and palladium are at a major technical resistance ready to trend (break out or break down).

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Platinum Price May Outperform Gold and Silver As Strike In South Africa Intensifies

Platinum Price May Outperform Gold and Silver As Strike In South Africa Intensifies

We are seeing some healthy profit taking in precious metals after making an explosive breakout over the summer.  Investment demand after QE3 is increasing as investors seek alternatives to fiat currencies which are being devalued by Central Banks all over the world. We may see consolidation and volatility in the markets until after the U.S. Presidential Election, when most investors realize that not much will change.  All over the world governments are looking to boost unhealthy economies and this will continue regardless of who is in office. Major infrastructure projects will probably be announced after the election both in the U.S. and China to boost employment. Additional means to boost […]

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