Explore Special Offers & White Papers from AFS

More Declines in Metals


Given a fresh upside breakout in the dollar and a lack of optimistic economic buzz from overnight news, it is not surprising to see gold and silver prices off sharply this morning.


While the palladium market has diverged negatively in the face of recent strength in platinum, the market now appears to have found value on its charts just above $2,200 and has even carved out an extended pattern of higher lows.


We expect copper to continue to respect consolidation low support at $3.50, but softer alternative high-frequency data from China leaves the market vulnerable and obviously without a strong bullish catalyst.

Futures and options trading involve significant risk of loss and may not be suitable for everyone.  Therefore, carefully consider whether such trading is suitable for you in light of your financial condition.  The information and comments contained herein is provided by ADMIS and in no way should be construed to be information provided by ADM.  The author of this report did not have a financial interest in any of the contracts discussed in this report at the time the report was prepared.  The information provided is designed to assist in your analysis and evaluation of the futures and options markets.  However, any decisions you may make to buy, sell or hold a futures or options position on such research are entirely your own and not in any way deemed to be endorsed by or attributed to ADMIS. Copyright ADM Investor Services, Inc.

Latest News & Market Commentary

Explore Special Offers & White Papers from Archer Financial Services

Get Started

Contact Us Today