Silver is, without a doubt, another interesting asset in the face of inflation risks or, who knows, stagflation.
The current scenario provides us with opportunities where it is worth risking a bit of capital on defensive assets.
TECHNICAL: After breaking out of a triangle pattern, the price retraces to mid-term pivot zones, coinciding with a 61.8% fibonacci retracement.
Technically, crude oil is respecting the bullish structure of the last rally, and the figure is a continuation triangle.
As long as the price respects the structure, we can expect the price to break out of the triangle to see further extensions.
The energy environment is complex today, probably the US wants to be the main energy supplier for Europe, if this...
In the current environment, gold has started to regain strength, supported by a long-term bullish trend structure.
We find ourselves with results of high inflation, and with an economic conflict that significantly affects the price of metals.
Gold may hit highs and function as a safe haven from persistent inflation and the fallout from the Russia-NATO conflict.
Dax is trading respecting the bearish structure since the last high.
The price is also trading at 61.8% Fibonacci.
With the current environment, I expected a bearish behavior in the short and medium term.
Yield is currently trading in the long-term downtrend channel.
The fed will intervene in rates and this will cause a fall in equities, in addition the yield curve is going to invert.
Historically, declines in bond yields have coincided with large declines in equities.
