XAUUSD Gold Price forecast - Forex Trading Today
Friday, August 31, 2018
>> Bought: Natural Gas (CME NYMEX: NG)
## Bullion Banks Long The Silver Market For The First Time In 24 Years.
Thursday, August 30, 2018
>> Bought: Natural Gas (CME NYMEX: NG)
## petro-yuan: First oil delivery to China through petro-yuan settlement set for September.
In the first physical settlement of the Chinese yuan-denominated oil futures contract, five companies will deliver a total of 600,000 barrels of Middle Eastern crude grades to buyers of the September futures contract.
## Trump Threatens to Pull US Out of World Trade Organization.
"If they don't shape up, I would withdraw from the WTO."
Wednesday, August 29, 2018
## CITI raised his outlook for the Gold Mining Stocks to Neutral from Sell :
Barrick Gold (NYSE: ABX, TSX: ABX), Goldcorp (NYSE: GG TSX: G), Agnico Eagle (NYSE: AEM, TSX: AEM), Newmont Mining Corp (NYSE: NEM)
Monday, August 27, 2018
>> Bought: Sugar (ICE: SB, OANDA CFDs)
## Gold price to be $16,000 - Egon von Greyerz:
In the next phase of the gold and silver markets, the LBMA banks and Comex will blow up and be unable to honor their paper commitments, which are at least 500 times the available physical gold.
I have shown in previous articles that gold should be at least $16,000 based on the 1980 high of $850, adjusted for inflation. But many calculations show a much higher price, whether it is $87,000 or $174,000 that Jim Sinclair and Bill Holter have calculated.
Friday, August 24, 2018
>> Bought: Sugar (ICE: SB, OANDA CFDs)
Thursday, August 23, 2018
>> Sold: Silver (XAGUSD)
<< Closed SILVER (XAGUSD, Spot Silver) - SELL Positions:
Units: 3, Average Profit: 0.26pt (1.73%), Average Entry Price: 14.73, Average Closed Price: 14.475, Average Holding Days: 2
## Swift turn: German FM says Europe needs bank transactions system independent from US
## Russia stockpiles gold as Washington prepares to pile on new sanctions
Wednesday, August 22, 2018
>> Bought: Sugar (ICE: SB, OANDA CFDs)
<< Closed NATURAL GAS (CME NYMEX: NG) - BUY Positions:
Units: 2, Average Profit: 0.04pt (1.29%), Average Entry Price: 2.92, Average Closed Price: 2.956, Average Holding Days: 8
Tuesday, August 21, 2018
>> Sold: Silver (XAGUSD)
## Paper gold not so shiny anymore: Prices hit 19-month low as speculators ‘give up hope’
## Land seizures begin in South Africa after owners refuse govt lowball buyout offer
Monday, August 20, 2018
>> Sold: Silver (XAGUSD)
<< Closed CORN (CME CBOT: ZC) - BUY Positions:
Units: 2, Average Profit: 12.5pt (3.43%), Average Entry Price: 364.9, Average Closed Price: 377.4, Average Holding Days: 4
<< Closed WHEAT (CME CBOT: ZW) - BUY Positions:
Units: 1, Average Profit: 20.6pt (3.8%), Average Entry Price: 542, Average Closed Price: 562.6, Average Holding Days: 4
Friday, August 17, 2018
>> Bought: Corn (CME CBOT: ZC)
## Upcoming US sanctions on Iran's energy sector, which snap back on November 4, could push oil prices above $150 a barrel from around $75 now - Beat Wittmann
## Speculators Now Net Short Gold For First Time Since December 2001 when gold was priced at $275 - CFTC
Thursday, August 16, 2018
>> Bought: Wheat (CME CBOT: ZW), Corn (CME CBOT: ZC), Natural gas (CME NYMEX: NG)
<< Closed COPPER (COMEX: HG) - SELL Positions:
Units: 3, Average Profit: 0.1365pt (4.96%), Average Entry Price: 2.753, Average Closed Price: 2.6165, Average Holding Days: 7
Wednessday, August 15, 2018
## Gold and silver Prices: holding near the key psychological levels of $1,200 and $15 - KWN
## Gold To Bottom Out In Q3 trading at $1,225, End 2019 at $1,400 - ABN Amro
Tuesday, August 14, 2018
## dump 'worthless' dollar in favor of gold & crypto as US debt spirals out of control - Kim Dotcom
## Russia to sell off more US Treasuries in retaliation against sanctions - Russia’s Finance Minister Anton Siluanov
## Euro could collapse without ECB bond guarantee – Italy’s right-wing Northern League party
Monday, August 13, 2018
>> Bought: Natural gas (CME NYMEX: NG)
<< Closed SOYBEAN (CME CBOT: ZS) - SELL Positions:
Units: 2, Average Profit: 34.7pt (3.89%), Average Entry Price: 892.7, Average Closed Price: 858, Average Holding Days: 4
<< Closed SOYBEAN OIL (CME CBOT: ZL) - SELL Positions:
Units: 3, Average Profit: 0.27pt (0.95%), Average Entry Price: 28.55, Average Closed Price: 28.28, Average Holding Days: 4
## Gold price: To tag its 3-yr. avg. of $1202.90 and trade down to $1200, then to see an upturn. - Michael Oliver
## US Dollar Becoming Risky Instrument For Int'l Payments - Russian Finance Minister Anton Siluanov
Saturday, August 11, 2018
## Strait of Hormuz : Iran Will Safeguard Trade in Territorial Waters Amid US Sanctions
## Turkey Lira: Erdogan urges Turks to dump dollar to support lira
## Turkey joining BRICS could be ‘serious shock’ for US & EU
## Turkey Hyperinflation and crisis in the European banking system. The next one could be Japan. Rates in Japan have been rising slightly.
Friday, Augus 10, 2018
>> Sold: Soybean (CME CBOT: ZS), Soybean Oil (CME CBOT: ZL), Copper (CME COMEX: HG)
<< Closed PLATINUM (CME NYMEX: PL) - BUY Positions:
Units: 2, Average Profit: 4.5pt (0.55%), Average Entry Price: 824.3, Average Closed Price: 828.8, Average Holding Days: 6
## African single currency: African countries are giving serious consideration to the possibility of creating a single currency on the continent and of a common central bank - Egyptian Central Bank Governor Tarek Hassan Amer
## Iraq to Stop Trading With Iran in US Dollars - Iraqi government spokesman Saad al-Hadithi
Thursday, August 9, 2018
>> Sold: Soybean (CME CBOT: ZS), Soybean Oil (CME CBOT: ZL), Copper (CME COMEX: HG)
<< Closed NATURAL GAS (CME NYMEX: NG) - BUY Positions:
Units: 1, Average Profit: 0.18pt (6.47%), Average Entry Price: 2.77, Average Closed Price: 2.946, Average Holding Days: 7
<< Closed SILVER (XAGUSD, Spot Silver) - BUY Positions:
Units: 2, Average Profit: 0.15pt (0.97%), Average Entry Price: 15.28, Average Closed Price: 15.423, Average Holding Days: 5
Wednessday, August 8, 2018
>> Sold: Soybean Oil (CME CBOT: ZL), Copper (CME COMEX: HG)
Tuesday, August 7, 2018
<< Closed WHEAT (CME CBOT: ZW) - BUY Positions:
Units: 3, Average Profit: 53.6pt (10.47%), Average Entry Price: 514.6, Average Closed Price: 568.2, Average Holding Days: 15
<< Closed WTI OIL (CME NYMEX: CL) - BUY Positions:
Units: 2, Average Profit: 0.65pt (0.95%), Average Entry Price: 68.45, Average Closed Price: 69.09, Average Holding Days: 9
Monday, August 6, 2018
>> Bought: Silver (XAGUSD, Spot Silver), Platinum (CME NYMEX: PL)
Friday, August 3, 2018
>> Bought: Platinum (CME NYMEX: PL), Silver (XAGUSD, Spot Silver), Sugar (ICE: SB)
August 2, 2018
>> Bought Natural gas (CME NYMEX: NG)
July 31, 2018
<< Closed COFFEE C (ICE: KC) - BUY Positions:
Units: 1, Average Entry Price: 109.55, Average Closed Price: 111.4, Average Profit(pt): 1.85, Average Profit(%): 1.69, Average Holding Days: 5
>> Bought: WTI (CME NYMEX: CL)
July 30, 2018
<< Closed NATURAL GAS (CME NYMEX: NG) - BUY Positions:
Units: 1, Average Entry Price: 2.74, Average Closed Price: 2.797, Average Profit(pt): 0.06, Average Profit(%): 2.12, Average Holding Days: 6
<< Closed CORN (CME CBOT: ZC) - BUY Positions:
Units: 2, Average Entry Price: 355.4, Average Closed Price: 367.2, Average Profit(pt): 11.8, Average Profit(%): 3.33, Average Holding Days: 6
<< Closed SILVER (XAGUSD, Spot Silver) - BUY Positions:
Units: 1, Average Entry Price: 15.46, Average Closed Price: 15.45, Average Profit(pt): -0.01, Average Profit(%): -0.05, Average Holding Days: 0
<< Closed SUGAR (ICE: SB, #11) - BUY Positions:
Units: 3, Average Entry Price: 11.03, Average Closed Price: 10.82, Average Profit(pt): -0.21, Average Profit(%): -1.87, Average Holding Days: 7
July, 27, 2018
>> Bought: WTI Crude Oil (CME NYMEX: CL), Silver (XAGUSD, Spot silver), Wheat (CBOT: ZW)
July, 26, 2018
>> Bought Sugar (ICE: SB), Coffee (ICE: KC)
July 25, 2018
<< Closed GOLD (XAUUSD, Spot Gold) - BUY Positions:
Units: 2, Average Entry Price: 1224.45, Average Closed Price: 1231.4, Average Profit(pt): 6.95, Average Profit(%): 0.57, Average Holding Days: 2
>> Bought Corn (CBOT: ZC)
July 24, 2018
>> Bought: Gold (XAUUSD), Wheat (CEM CBOT: ZW), Corn (CME CBOT: ZC)
July 23, 2018
>> Bought: Gold (XAUUSD), Sugar (ICE: SB)
July 20, 2018
>> Bought Sugar (ICE: SB)
July 19, 2018
>> Bought Wheat (CME CBOT: ZW)
July 18, 2018
<< Closed COTTON #2 (ICE: CT) - BUY Positions:
Units: 1, Average Entry Price: 85.96, Average Closed Price: 88.83, Average Profit(pt): 2.87, Average Profit(%): 3.34, Average Holding Days: 9
July 9, 2018
o Cotton (ICE: CT): will buy
July 2, 2018
How to Today:
o Sugar (ICE:SB): If it moves up strongly, will buy. If not, will wait for a few days.
June 30, 2018
>> Sugar (ICE: SB): will buy one unit on Monday.
>> Bought: Natural Gas (CME NYMEX: NG)
## Bullion Banks Long The Silver Market For The First Time In 24 Years.
Thursday, August 30, 2018
>> Bought: Natural Gas (CME NYMEX: NG)
## petro-yuan: First oil delivery to China through petro-yuan settlement set for September.
In the first physical settlement of the Chinese yuan-denominated oil futures contract, five companies will deliver a total of 600,000 barrels of Middle Eastern crude grades to buyers of the September futures contract.
## Trump Threatens to Pull US Out of World Trade Organization.
"If they don't shape up, I would withdraw from the WTO."
Wednesday, August 29, 2018
## CITI raised his outlook for the Gold Mining Stocks to Neutral from Sell :
Barrick Gold (NYSE: ABX, TSX: ABX), Goldcorp (NYSE: GG TSX: G), Agnico Eagle (NYSE: AEM, TSX: AEM), Newmont Mining Corp (NYSE: NEM)
Monday, August 27, 2018
>> Bought: Sugar (ICE: SB, OANDA CFDs)
## Gold price to be $16,000 - Egon von Greyerz:
In the next phase of the gold and silver markets, the LBMA banks and Comex will blow up and be unable to honor their paper commitments, which are at least 500 times the available physical gold.
I have shown in previous articles that gold should be at least $16,000 based on the 1980 high of $850, adjusted for inflation. But many calculations show a much higher price, whether it is $87,000 or $174,000 that Jim Sinclair and Bill Holter have calculated.
Friday, August 24, 2018
>> Bought: Sugar (ICE: SB, OANDA CFDs)
Thursday, August 23, 2018
>> Sold: Silver (XAGUSD)
<< Closed SILVER (XAGUSD, Spot Silver) - SELL Positions:
Units: 3, Average Profit: 0.26pt (1.73%), Average Entry Price: 14.73, Average Closed Price: 14.475, Average Holding Days: 2
## Swift turn: German FM says Europe needs bank transactions system independent from US
## Russia stockpiles gold as Washington prepares to pile on new sanctions
Wednesday, August 22, 2018
>> Bought: Sugar (ICE: SB, OANDA CFDs)
<< Closed NATURAL GAS (CME NYMEX: NG) - BUY Positions:
Units: 2, Average Profit: 0.04pt (1.29%), Average Entry Price: 2.92, Average Closed Price: 2.956, Average Holding Days: 8
Tuesday, August 21, 2018
>> Sold: Silver (XAGUSD)
## Paper gold not so shiny anymore: Prices hit 19-month low as speculators ‘give up hope’
## Land seizures begin in South Africa after owners refuse govt lowball buyout offer
Monday, August 20, 2018
>> Sold: Silver (XAGUSD)
<< Closed CORN (CME CBOT: ZC) - BUY Positions:
Units: 2, Average Profit: 12.5pt (3.43%), Average Entry Price: 364.9, Average Closed Price: 377.4, Average Holding Days: 4
<< Closed WHEAT (CME CBOT: ZW) - BUY Positions:
Units: 1, Average Profit: 20.6pt (3.8%), Average Entry Price: 542, Average Closed Price: 562.6, Average Holding Days: 4
Friday, August 17, 2018
>> Bought: Corn (CME CBOT: ZC)
## Upcoming US sanctions on Iran's energy sector, which snap back on November 4, could push oil prices above $150 a barrel from around $75 now - Beat Wittmann
## Speculators Now Net Short Gold For First Time Since December 2001 when gold was priced at $275 - CFTC
Thursday, August 16, 2018
>> Bought: Wheat (CME CBOT: ZW), Corn (CME CBOT: ZC), Natural gas (CME NYMEX: NG)
<< Closed COPPER (COMEX: HG) - SELL Positions:
Units: 3, Average Profit: 0.1365pt (4.96%), Average Entry Price: 2.753, Average Closed Price: 2.6165, Average Holding Days: 7
Wednessday, August 15, 2018
## Gold and silver Prices: holding near the key psychological levels of $1,200 and $15 - KWN
## Gold To Bottom Out In Q3 trading at $1,225, End 2019 at $1,400 - ABN Amro
Tuesday, August 14, 2018
## dump 'worthless' dollar in favor of gold & crypto as US debt spirals out of control - Kim Dotcom
## Russia to sell off more US Treasuries in retaliation against sanctions - Russia’s Finance Minister Anton Siluanov
## Euro could collapse without ECB bond guarantee – Italy’s right-wing Northern League party
Monday, August 13, 2018
>> Bought: Natural gas (CME NYMEX: NG)
<< Closed SOYBEAN (CME CBOT: ZS) - SELL Positions:
Units: 2, Average Profit: 34.7pt (3.89%), Average Entry Price: 892.7, Average Closed Price: 858, Average Holding Days: 4
<< Closed SOYBEAN OIL (CME CBOT: ZL) - SELL Positions:
Units: 3, Average Profit: 0.27pt (0.95%), Average Entry Price: 28.55, Average Closed Price: 28.28, Average Holding Days: 4
## Gold price: To tag its 3-yr. avg. of $1202.90 and trade down to $1200, then to see an upturn. - Michael Oliver
## US Dollar Becoming Risky Instrument For Int'l Payments - Russian Finance Minister Anton Siluanov
Saturday, August 11, 2018
## Strait of Hormuz : Iran Will Safeguard Trade in Territorial Waters Amid US Sanctions
## Turkey Lira: Erdogan urges Turks to dump dollar to support lira
## Turkey joining BRICS could be ‘serious shock’ for US & EU
## Turkey Hyperinflation and crisis in the European banking system. The next one could be Japan. Rates in Japan have been rising slightly.
Friday, Augus 10, 2018
>> Sold: Soybean (CME CBOT: ZS), Soybean Oil (CME CBOT: ZL), Copper (CME COMEX: HG)
<< Closed PLATINUM (CME NYMEX: PL) - BUY Positions:
Units: 2, Average Profit: 4.5pt (0.55%), Average Entry Price: 824.3, Average Closed Price: 828.8, Average Holding Days: 6
## African single currency: African countries are giving serious consideration to the possibility of creating a single currency on the continent and of a common central bank - Egyptian Central Bank Governor Tarek Hassan Amer
## Iraq to Stop Trading With Iran in US Dollars - Iraqi government spokesman Saad al-Hadithi
Thursday, August 9, 2018
>> Sold: Soybean (CME CBOT: ZS), Soybean Oil (CME CBOT: ZL), Copper (CME COMEX: HG)
<< Closed NATURAL GAS (CME NYMEX: NG) - BUY Positions:
Units: 1, Average Profit: 0.18pt (6.47%), Average Entry Price: 2.77, Average Closed Price: 2.946, Average Holding Days: 7
<< Closed SILVER (XAGUSD, Spot Silver) - BUY Positions:
Units: 2, Average Profit: 0.15pt (0.97%), Average Entry Price: 15.28, Average Closed Price: 15.423, Average Holding Days: 5
Wednessday, August 8, 2018
>> Sold: Soybean Oil (CME CBOT: ZL), Copper (CME COMEX: HG)
Tuesday, August 7, 2018
<< Closed WHEAT (CME CBOT: ZW) - BUY Positions:
Units: 3, Average Profit: 53.6pt (10.47%), Average Entry Price: 514.6, Average Closed Price: 568.2, Average Holding Days: 15
<< Closed WTI OIL (CME NYMEX: CL) - BUY Positions:
Units: 2, Average Profit: 0.65pt (0.95%), Average Entry Price: 68.45, Average Closed Price: 69.09, Average Holding Days: 9
Monday, August 6, 2018
>> Bought: Silver (XAGUSD, Spot Silver), Platinum (CME NYMEX: PL)
Friday, August 3, 2018
>> Bought: Platinum (CME NYMEX: PL), Silver (XAGUSD, Spot Silver), Sugar (ICE: SB)
August 2, 2018
>> Bought Natural gas (CME NYMEX: NG)
July 31, 2018
<< Closed COFFEE C (ICE: KC) - BUY Positions:
Units: 1, Average Entry Price: 109.55, Average Closed Price: 111.4, Average Profit(pt): 1.85, Average Profit(%): 1.69, Average Holding Days: 5
>> Bought: WTI (CME NYMEX: CL)
July 30, 2018
<< Closed NATURAL GAS (CME NYMEX: NG) - BUY Positions:
Units: 1, Average Entry Price: 2.74, Average Closed Price: 2.797, Average Profit(pt): 0.06, Average Profit(%): 2.12, Average Holding Days: 6
<< Closed CORN (CME CBOT: ZC) - BUY Positions:
Units: 2, Average Entry Price: 355.4, Average Closed Price: 367.2, Average Profit(pt): 11.8, Average Profit(%): 3.33, Average Holding Days: 6
<< Closed SILVER (XAGUSD, Spot Silver) - BUY Positions:
Units: 1, Average Entry Price: 15.46, Average Closed Price: 15.45, Average Profit(pt): -0.01, Average Profit(%): -0.05, Average Holding Days: 0
<< Closed SUGAR (ICE: SB, #11) - BUY Positions:
Units: 3, Average Entry Price: 11.03, Average Closed Price: 10.82, Average Profit(pt): -0.21, Average Profit(%): -1.87, Average Holding Days: 7
July, 27, 2018
>> Bought: WTI Crude Oil (CME NYMEX: CL), Silver (XAGUSD, Spot silver), Wheat (CBOT: ZW)
July, 26, 2018
>> Bought Sugar (ICE: SB), Coffee (ICE: KC)
July 25, 2018
<< Closed GOLD (XAUUSD, Spot Gold) - BUY Positions:
Units: 2, Average Entry Price: 1224.45, Average Closed Price: 1231.4, Average Profit(pt): 6.95, Average Profit(%): 0.57, Average Holding Days: 2
>> Bought Corn (CBOT: ZC)
July 24, 2018
>> Bought: Gold (XAUUSD), Wheat (CEM CBOT: ZW), Corn (CME CBOT: ZC)
July 23, 2018
>> Bought: Gold (XAUUSD), Sugar (ICE: SB)
July 20, 2018
>> Bought Sugar (ICE: SB)
July 19, 2018
>> Bought Wheat (CME CBOT: ZW)
July 18, 2018
<< Closed COTTON #2 (ICE: CT) - BUY Positions:
Units: 1, Average Entry Price: 85.96, Average Closed Price: 88.83, Average Profit(pt): 2.87, Average Profit(%): 3.34, Average Holding Days: 9
July 9, 2018
o Cotton (ICE: CT): will buy
July 2, 2018
How to Today:
o Sugar (ICE:SB): If it moves up strongly, will buy. If not, will wait for a few days.
June 30, 2018
>> Sugar (ICE: SB): will buy one unit on Monday.
