ClearValue Team Insights
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$UNG Bounce off All Time Lows
I will start by saying UNG has been bleeding over time and I personally don’t like to take any chances with stocks like this (i.e. DOMA). There is a bullish bounce taking place here and the price is trending up. I have $18.36 as a key resistance line, and I think the price has some […]Read More
$GOLD bullish bounce off $1,988.84
I posted a long trade setup for GOLD at the $1,988.84 support line. There has been a nice bullish bounce off support, and the price has been trending up. $2,073.57 remains as a key resistance level on the way up, but GOLD is starting to slow down a bit here as well. Previous Gold Trade […]Read More
Shifting Tides: Copper Rebounds while Nickel Struggles
Recent movements in the base metals market have become a focal point for investors and analysts alike. Copper prices have experienced a remarkable rebound, while the nickel market grapples with persistent oversupply challenges. Despite experiencing a period of decline due to concerns surrounding China’s economic slowdown and high interest rates in the U.S., copper has […]Read More