Articles by: Miroslav Marinoff

Gold trading outlook: futures off fresh 4-month lows, while rate hike expectations boost USD, NFP data and Fed speakers eyed

On Thursday (in GMT terms) gold for delivery in December traded within the range of $1,251.8-$1,271.6. Futures closed at $1,253.0, plunging 1.23% compared to Wednesday’s close. It has been the 188th drop in the past 353 trading days and also a fifth consecutive one. The daily low has been a level unseen since June 8th, […] Read more

Binary Tribune’s Commodity Trading Signals for October 7th 2016

Silver for December delivery: Buy just above $17.142, TP1 – $17.413, TP2 – $17.481, TP3 – $17.549, SL – just below $16.938. Sell just below $17.549, TP1 – $17.277, TP2 – $17.209, TP3 – $17.142, SL – just above $17.752. If break and close above $17.752, buy with TP at $18.094, SL – just below […] Read more

Gold trading outlook: futures trade near 15-week lows after mixed US data, official NFP numbers in focus

On Wednesday (in GMT terms) gold for delivery in December traded within the range of $1,264.1-$1,279.4. Futures closed at $1,268.6, inching down 0.09% compared to Tuesday’s close. It has been the 187th drop in the past 352 trading days and also a fourth consecutive one. The daily low has been a level unseen since June […] Read more