Blackwell Global

Key Points: Price action hinting at some near-term downside risks. $50 mark could receive a serious challenge in the coming week. US inventories data could spark the forecasted tumble on its...

Key Points: Further upsides look likely from a technical perspective. Upsides largely contingent on a near-term breakout. Upside constraint of channel could be tested in the medium-term. Silver could...

Key Points: Leg four of the Elliot wave has reached a near-term hurdle. MACD and Parabolic SAR readings should see this obstacle overcome. Keep an eye on the Canadian economic news to avoid any...

Key Points: Long-term Elliot wave remains in place. Leg four is still retracing but could be about to pick up the pace. The pair could end up at the 1.3664 mark or higher. The loonie’s long-term...

Key Points: Key 1200 support level has been broken. Technical bias remains firmly bearish moving ahead. The Fed and Trump should keep the metal depressed in the medium to long-term. Gold plunged...

Key Points: US Election continues to buoy safe haven investments. EMA bias reverting to bullish. Parabolic SAR retains a bullish bias moving forward. From a fundamental perspective, it’s easy to...

Key Points: Gold has recently broken through the 61.8% Fibonacci level. Parabolic SAR ready to reverse its bias. Long-term bias remains bearish for the metal. Whilst the medium to long-term bias...

Key Points: Loonie continues to follow the wedge pattern higher. Reversal should occur around the 38.2% Fibonacci level. Could move as low as the 1.30 handle. Despite what has proven to be a bumpy...

Key Points: Weaker physical demand could be seen going forward. Recent bullishness could be undone by a supply glut. Resurgence in equities could increase appetite for risk. Given its apparent...

Key Points: Reaching the upside of a newly formed bullish channel. Challenging a strong zone of resistance. ABCD pattern could see medium term bullishness resume. Whilst medium-term forecasts for the...

Key Points: Silver is reaching the lower constraint of the ranging phase. Short-term bearish channel in place. Reversal likely at the 19.540 price. The relatively range-bound silver is nearing the...

Key Points: Moving to form an ascending triangle Aggressively bullish EMA activity Parabolic SAR still reading bullish As gold continues to distance itself from its recent ranging phase, the metal has...

Key Points: USDCAD forms bullish flag on 1-hr chart. RSI Oscillator declines from overbought territory. Market largely underestimating risk of US FOMC rate hike. The USDCAD pair has been under...

Key Points: Gold breaches bearish weekly trend line. $1372.60 December 2015 high looms. Medium outlook remains bullish. Gold futures have continued their trend of closing higher, with the precious...

Key Points: Bullish channel is now in place. Upside bias in the EMA activity and Parabolic SAR readings. Breaking the 1.3147 resistance is now key. After unexpectedly punching through support last...

Key Points: Descending triangle pattern is nearing completion. Strong EMA evidence for a breakout to the downside. FOMC meeting is worth keeping in mind this week. Silver has been enjoying a stint of...