Artwork
iconShare
 
Manage episode 521972210 series 84782
Content provided by Steve Barton. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Steve Barton or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://staging.podcastplayer.com/legal.

In this week's Monday Market Moves, Steve Barton breaks down a massive week for commodities. Silver exploded 14.5 percent to hit new all-time highs while gold jumped over four percent and cleared key resistance. Steve explains how silver's breakout flips prior resistance into strong support and uses Fibonacci extensions to map the next target near 65 dollars. Gold is now approaching its all-time highs and remains in contango, with futures trading higher than spot. The S&P 500 rose 3.7 percent, but Steve sees weakness ahead as falling volume signals retail-driven movement. The US dollar broke trend support and looks headed for 99, which may push commodities even higher.

Uranium and copper show bullish formations, with potential breakouts forming. Copper miners and uranium ETFs like URNM and SRUUF are flashing entries near technical support levels. Natural gas continues higher into winter with a fresh golden cross, while oil grinds lower within a weakening channel. Coal ETFs are back in the buy zone. Platinum and palladium rallied after China launched its new platinum futures exchange

Join our Free and Premium Newsletter!

https://www.stevebartonmoney.com/newsletter

Technical Analysis Charts Video Series: https://stevebarton.gumroad.com/l/TechnicalAnalysisforBeginners

TradingView Black Friday Sale 30% - 80% OFF Best Deal of the Year. Ends this week! https://www.tradingview.com/?aff_id=128305

Key Market Insights This Week:

✅ S&P 500 gained 3.7% on low holiday volume

✅ Dollar index fell 0.7% and broke key trendline

✅ Gold surged 4.3% and closed above resistance

✅ Silver soared 14.5% to new all-time highs

✅ Copper rose 5.1% and is testing triple top

✅ Uranium edged up 0.3% with bullish reversal signals

✅ Oil climbed 0.8% but remains in a downtrend channel

✅ Natural gas jumped 5.9% and nears major resistance

✅ Thermal coal fell 1.7% but stays within range

✅ Platinum spiked 10.6% after China futures launch

✅ Palladium moved higher and reclaimed 50-day average

✅ Nickel rose 2.4% and confirmed double bottom setup

✅ Bitcoin added 4.8% but likely to retest lower levels

Join our Free and Premium Newsletter!

Technical Analysis Charts Video Series

Tools for Success that I Love and find Helpful / Affiliates:

Rule Classroom (Free)

Rule Classroom Plus (2 Free Months)

TradingView (Free)

Lobo's Weekly Recap (Free)

Uranium Insider Justin Huhn Newsletter

Chapters:

00:00 S&P 500 and Dollar Analysis

03:24 Gold Breaks Resistance

08:30 Silver Hits All-Time Highs

15:42 Copper Tests Triple Top

17:26 Uranium Bounces off Support

21:56 Oil Stuck in Downtrend

24:48 Natural Gas Near Resistance

27:02 Coal Trading Range

28:20 Platinum Pops on China News

30:32 Nickel Double Bottom Setup

33:17 Bitcoin Faces Downside Risk

DISCLAIMER: I am not a financial advisor. This is not financial advice. I only express my opinion based on my experience, and your experience may be different. These videos are for educational and motivational purposes only. Investing of any kind involves risk. Do your own due diligence. Every investment and bet comes with the risk that your capital could go to zero.

WHAT I DO: I spread out my investments. It's not all on one thing. For every bet that I make, I devote one hour of study per month to that investment. I keep the number of bets to what I can feasibly study.

AFFILIATE DISCLOSURE: Some of the links on this channel are affiliate links, meaning, at NO additional cost to you, the show may earn a commission if you click through and make a purchase and/or subscribe. However, this does not impact my opinion. I recommend them because they are helpful and useful, not because I am looking for the small commission. Thank you for using the links.

#CommodityInvesting #SP500 #Gold #Silver #Copper #Uranium #Oil #NaturalGas #Coal #Platinum #Palladium #Nickel #Bitcoin #MarketUpdate #SteveBarton #InItToWinIt

  continue reading

354 episodes