DZZ News and Press, DB Gold Double Short ETN due February 15 2038 From 12/12/19

Editor's note: Originally published at tsi-blog.com on December 10, 2019. [This blog post is an excerpt from a recent TSI commentary] During a gold bull market, the "true fundamentals", as indicated by our Gold True Fundamentals Model (GTFM), will be bullish most of the time. However...

Gold trades more like a currency than a commodity. To understand the price of gold, first, one needs to understand the true nature of its supply and demand dynamics. Because gold is immutable and has been used as money and a store of value for thousands of years, virtually nothing ever min...

As a start, let's look at how gold correlates with other markets. This helps us to better understand which driver is the most important for gold at the moment. Gold is a protective asset and, therefore, a fall or a rise of the stock market should have an effect on its value. But there is no ...

Gold traded last at $1,469.30. The market is up $4.30. On the chart, you can see that the daily signals from the Variable Changing Price Momentum Indicator (VC PMI) are at $1465, which is the daily average price. On the right, you can see that the weekly average price is $1,465. Whenever we se...

Our return from Thanksgiving break was certainly an interesting one. Right off the bat, we saw an almost 850-point drop in the Dow Jones from Black Friday until Tuesday as President Trump was quoted as saying that he saw the chances of a trade deal lessening. Markets were bailed out by a 4am a...

Daily Targets The Buy 1 (B1) level for gold today of $1,475 did not activate a buy trigger by closing above it. Gold continued to trade into the Buy 2 (B2) level of $1,470, and even below $1,470. The fundamental news drove the price down to what our proprietary artificial intelligence algo...

Gold has been correcting following last summer’s powerful bull-breakout upleg. Since peaking, gold has inexorably drifted lower in a well-defined downtrend. Traders are wondering when this necessary and healthy sentiment-rebalancing selloff will bottom, paving the way for gold’s ...

The gold market was trading at about $1481. The chart shows a 15-minute bar. On the left of the chart is the daily algorithm and information that we use based on the Variable Changing Price Momentum Indicator (VC PMI) for today's trading. On the right side are the VC PMI's weekly signals. This...

In this report, I want to let you know what we've done so far today. We've locked in a profit in gold at $1,484, which was the weekly target (Sell 2; S2) for this week. The market this morning made a high of $1,489.90. Then, it reverted back down from that trend line resistance which identif...

On December 3, the price of nearby March COMEX silver futures was trading at $17.215 per ounce, above the midpoint of its 2019 trading range. The prices of lead and zinc were waiting for the next shoe to drop in the trade war between the US and China. When it comes to the base metals that trad...