Satendra Singh's Comment & Analysis
A complete archive of Satendra Singh's articles, including current analysis & comment - Page 12
In a surprising turn of events during the first week of December 2023, Gold futures achieved a record high, reaching $2152 from the day's low at $2038 on December 4, 2023.This unexpected move followed...
Gold bears appear poised to become more aggressive as concerns about a looming recession diminish, fueled by favorable economic data that supports expectations of a potential rate cut.Today's bumpy...
After analysis of the movements by the Natural Gas futures since this weekly opening, I observed that the natural gas prices spiked massively on Tuesday from $2.95 to $3.40 on colder trends, then...
After examining the movement of gold futures on the daily chart, a notable prevalence of significant bearish activity becomes apparent. This trend is triggered by a sharp decline in gold futures...
Since I wrote my last analysis, I find the gold bulls continued to face stiff resistance on Dec. 28, 2023, despite making the last attempt of the year to sustain above the immense resistance at...
Upon analyzing movements in gold futures in the wake of a bearish tone in Dollar Index futures following an extended weekend, it is evident that challenging times lie ahead for gold bulls striving to...
Since I wrote my last analysis on Nov. 29, 2023, Natural Gas futures were trading at $2.626, struggled to find a breakout above their immediate resistance at $2.858, but could not and started to slide...
On analysis of the movements of the US Dollar Index futures, I find that the US Dollar is likely to regain a strong reversal from the first trading session of the upcoming week as the current sell-off...
Since I wrote my last analysis, gold futures followed the dovish tone by the Federal Reserve but left the investors with hopes for a rate cut in March 2024.Despite Fed Chair Powell's comments...
Since I wrote my last analysis on Oct. 8, 2023, Natural Gas Futures remained in bearish territory after the formation of head and shoulders pattern and tested a high at $3.623 on Oct. 31,...