any news why metals up, dollar down?
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Started by GunterK - Nov. 1, 2018, 10:10 a.m.

couldn't find anything

thanks in advance

By tjc - Nov. 1, 2018, 10:25 a.m.
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  Not scolding, but the technical 'answer' will precede 'the news'.

  Cycle timing and low rsi I would suggest.

By Jim_M - Nov. 1, 2018, 10:26 a.m.
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Hope for the US and China to mend their trading fences on the 20th?  

By Jim_M - Nov. 1, 2018, 10:27 a.m.
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I might add that the grains are exploding, which I'm sure Hayman is happy about.  Nice call there Hayman

By bear - Nov. 1, 2018, 11:26 a.m.
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look at a seasonal chart.

often metals and pm shares will bottom around nov 1 , or sometimes dec 1 

so we are at the time frame when the pm sector will turn up.

i went back and looked at several pm shares, and checked the calendar,  and most bottom around nov 1. 

(but it is possible it will be a small rise, then a double bottom in late nov, early dec). 

remember when tax selling ends late in the year,  shares should stop going down, and either rise or go sideways into the first couple months of the new year.