Barani Krishnan's Comment & Analysis
A complete archive of Barani Krishnan's articles, including current analysis & comment - Page 17
With $3 support taken out and gas at the $2 territory, some are suggesting a drop to $1 levels
Weather forecasts signal a February freeze that could flip the market’s direction
Technicals...
Gold has missed the $1,950 target by less than $10 twice this week
If Friday’s PCE Index shows a meaningful inflation drop, gold could be 3rd time lucky
Dollar, bond yields need to be aligned...
China’s Lunar New Year holiday brings both trepidation and excitement to oil
Chinese factories close a week at least, causing a temporary blip in crude demand
On reopening, Chinese demand for...
China’s worsening COVID woes might limit copper rally, outlooks say
Possibility of US, European recessions add to global complications for metal
LME copper could round year out by averaging...
Gas bears need cold to arrive faster and convincingly to keep Henry Hub above $3
Inflation, labor shortage, and materials scarcity have bumped up extraction costs for gas
But sheer plunge in...
Platinum rally projected to extend as palladium remains in bear-mode
Demand aided by huge discount on palladium and easier availability
Both technicals and fundamentals indicate trend is likely to...
Dismal Chinese data could deal a setback to bull story in oil
Those long crude can still put a positive spin on weak U.S. retail sales
Traders bet Fed rate hike in Feb will be smallest in 8 months if...
Hope appears to have become an exercise in futility for gas bulls, with 50% of market value erased in 4 weeks
'King Weather' suggests $3 support for US gas could be broken next
Still, technicals...
Silver is up nearly 35% in the past 4 months versus gold’s return of just under 10%
Metal could reach a March peak above $27/oz if it continues upward trajectory
Silver could also see explosive...
Gold has only slid thrice in 15 sessions, having one of its most bullish phases in a year
Test for $1,900 will be contingent on Dec U.S. CPI coming at 6.5% and lower
Other catalysts would be Dollar...