FutureX Solutions

Platinum and Palladium Price Analysis: What to Expect‌ in the ​Coming Week The recent surge‌ in buying activity for Platinum may have provided some support to the market, but experts like TDS ⁣Senior Commodity Strategist Daniel Ghali are now seeing signs of ⁣potential selling activity due to exhaustion from buyers. On the other hand, Palladium prices are still expected to climb higher. However,​ they will need⁢ to reach $995/oz in order to prevent CTAs from reducing their positions. If there is a significant downtrend over the next week, it ‌could lead to substantial CTA selling activity amounting to as much‌ as -40% of ⁢the algos' max size. Despite this, there are some ‌scenarios that could result in continued buying activity from algorithmic trend followers. Nevertheless, the current​ setup for flows suggests extreme downside​ asymmetry. In contrast, Palladium's setup appears nearly symmetric. A ⁣significant upturn is likely to trigger large-scale buying activity ‌from ...

Gold Market Analysis: Will The Gold Bugs Manage to Survive the Wave of Selling Activity? The recent price action in the gold market has led to significant selling activity from macro funds and systematic trend followers. TDS senior commodity strategist Daniel Ghali notes that yellow metal longs are being sold in Shanghai, indicating a notable stand-out in the market. Despite this, both algorithms and macro funds continue to hold onto the bulk of their length, with aggregate readings of money manager positioning still near cycle highs. There is a unilaterally bullish consensus on gold. However, it's important to note that gold won't protect against a deleveraging event. On the other hand, signs of selling activity persist in Shanghai as top traders continue to shed some net length in gold. A trend of long liquidations has been somewhat concealed by simultaneous short covering. Gold Prices Set to Decline as Long Liquidations Take Hold, Predicts TDS The prediction of decli...