ClearValue Team Insights
Stay ahead of the curve by accessing the most recent insights from our expert team. Dive into comprehensive analyses and timely updates covering a spectrum of investment-related news and events.
GDX’s Bullish Breakout
GDX has been performing very well after a successful bullish breakout from the yellow trendline. I have been in GDX for quite some time now, and have waited months for this breakout. I have the red trendlines as key resistance targets ahead. I’m bullish on GOLD in 2024, I think GOLD will reach $3,000 and […]Read More
Copper Market Frenzy Causing a Short Squeeze Among Traders
In recent weeks, the copper market has experienced unprecedented activity, with copper futures in New York rallying to record highs. This surge, driven by a short squeeze, has caused a stir in commodities trading, prompting traders to divert metal to U.S. shores. A short squeeze happens when traders who have bet against a particular asset […]Read More
Commodities Update After April Inflation Data
USOIL has has shown a lot of weakness since peaking on April 1. This week USOIL has lost support at the lower end of the light blue channel. There should be concerns for continued decline to low $70 price levels. GOLD Finds Support at the Green Zone GOLD has rebounded off the green zone, and […]Read More