The creator posits that global coal consumption will continue to rise, driven by China's expansion and the halt in US plant closures, and identifies a cup and handle breakout pattern in thermal coal charts as a bullish signal for the Cole ETF.
The creator maintains a bullish long-term thesis for copper, noting a steady upward trend, but identifies short-term weakness following a topping tail on September 22nd that suggests a potential pullback before the uptrend resumes.
The creator holds a long position in energy producers and service companies (XLE, Schlumberger, Halliburger, Baker Hughes) anticipating increased business from rebuilding oil infrastructure damaged by geopolitical conflicts, while simultaneously noting that WTI is in a downtrend with a narrowing parallel channel suggesting a potential downside break.
The creator posits that SPAT is trading at a 10-12% discount to the spot price of uranium, with forward contracts indicating prices could reach $100 or more in 12 months, a thesis supported by a potential rollover in the stretched dollar.
The creator notes that platinum and palladium are in a downtrend below moving averages and are waiting for gold to bottom before speculators return, resulting in no clear entry setup. While platinum lacks bullishness, palladium is viewed as more attractive after breaking a downward trendline and moving sideways.
The creator presents a mixed view on silver, noting bearish technicals such as a break of the 200-day moving average, a head-and-shoulders pattern, and a bearish flag near $72 resistance, while simultaneously suggesting that a bounce from the $39.50 level could offer a decent opportunity to accumulate, anticipating a correction rather than a continuous upward move.
The creator posits that if the dollar breaks through its 200-week moving average, gold could reverse upward as a weaker dollar makes it cheaper to buy.
The creator applies Fibonacci extensions to project potential upside targets at 4650 and 4950, contingent on the current price being confirmed as a bottom.
The creator identifies a bearish head and shoulders pattern and a bear flag on the 2-hour chart, expecting a downside move toward the 3,900–4,000 support zone, while also outlining a less likely scenario where price dips to 3,850 before rallying or finding support at 3,700 and 3,400–3,500.
The creator notes that platinum broke its trend line and triangle pattern to hit support at 1700, expecting a downward bias for the next week contingent on gold bottoming. They view palladium's potential double bottom as likely to fail, suggesting that a gold bottom will drive PGM metals lower.
The creator identifies a cup and handle breakout in Atlantic thermal coal, interprets Metal as a bear flag likely to continue down, and suggests the Cole ETF is forming a rounding bottom with rising RSI and MACD, making it a good entry point for those who missed the previous opportunity.
The creator argues that natural gas is trading above a rising 200-day moving average and a holding trend line, suggesting that a Fibonacci retracement to the 618 level offers a strong entry point for an upward move.
The creator observes a divergence between WTI and Brent crude, noting that WTI is forming a bear flag pattern suggesting a potential downward move, while Brent is forming a bull flag suggesting an upward move, a split the creator attributes to war-related factors.
The creator identifies a bull pennant pattern in Uranium and a double bottom in URNM, supporting a long thesis with limited downside risk based on the rising white trend line.
The creator identifies a head and shoulders pattern in silver suggesting downside pressure, yet notes that the probability of continued lower movement is insufficient to justify a short position. Concurrently, the creator proposes a long entry strategy for PSLV, suggesting a limit order at $18 or a partial 50% allocation on Monday if that level is not reached.
The creator presents a mixed view on Gold, noting a bear flag pattern on 2-hour and 1-hour charts that suggests a continuation lower, while simultaneously expecting the 3950 level to hold and viewing a drop to 34350 as a potential buying opportunity for physical gold.
The creator presents a mixed technical outlook across multiple asset classes, identifying bullish setups in the S&P 500, Uranium, and certain PGM metals, while anticipating short-term declines in Gold, Silver, Copper, and WTI. The thesis relies on specific pattern recognitions, such as bull flags and head-and-shoulders formations, with a general expectation that Gold may bottom near 3950, potentially supporting a bounce in related metals.
The creator posits that the S&P 500 is likely to dip to the 50-day moving average or the upper part of the bull flag before bouncing, while the DXY is expected to retrace to a specific trend line and bounce. Additionally, the creator notes that long-term yields, specifically the 10-year and 30-year Treasuries, have risen significantly to levels not seen since 2002 or 2007.
The creator argues that new uranium supply from projects like NextGen and Cameco's McArthur River is not bearish because demand is de-risked and growing significantly, making the physical market much stronger than the weakly trading equities, which presents a buying opportunity during public capitulation.
The creator argues that the uranium market is long-term undersupplied, noting that while supply has increased by almost 50%, prices have doubled, making new developer production bullish for the sector.
The speaker argues that nuclear fuel demand is structurally bullish because US data center growth creates massive, derisked electricity demand, and operators are compelled to maintain fuel stocks due to the high cost of capital and regulatory requirements.
The creator notes that traders are accumulating uranium in a thin market and holding material through month-end rather than dumping it, indicating positioning for higher prices.
The creator models a 15 to 20 million pound primary and total supply shortfall for uranium this year, attributing the deficit to demand from nuclear reactors and secondary buyers like Sput exceeding primary mine supply and declining secondary supply.
The creator identifies a positive divergence between falling nickel prices and rising RSI, suggesting a potential reversal that could benefit underperforming nickel equities.
The creator identifies a bullish cup and handle pattern in thermal coal and a bull pennant in Met Coal, while noting that the coal ETF has pulled back to a key support level with a bullish bar, which they view as a favorable entry point.
The creator identifies a bear flag pattern in WTI within a parallel channel, suggesting a decline toward the 200-day moving average where a bounce is anticipated, creating a potential buying opportunity for USO.
The creator identifies a bull pennant in uranium and a completed bear flag in SRUUF, suggesting a bottom has been established and prices are poised to rise next week.
The creator notes that Copper is likely to move down initially on Monday and Tuesday due to short-term bearish signals, but maintains an upward bias for the following week until the trend line is seriously violated.
The creator notes that Silver and related ETFs are holding the 50-day moving average within a parallel channel, suggesting an upward move next week unless the $63 support level is lost.
The creator expresses a macro thesis that gold will outperform the US dollar over the next few years, noting a missed long entry in PHYS at $31. However, regarding the current technical setup, the creator describes a 50/50 situation with a slight lean to the downside due to lost moving averages and a false breakdown, but lacks the conviction to take a position.
The creator describes a bullish bias for the S&P 500 following a bull flag breakout, a bearish bias for the DXY after a trendline rejection, and a bearish bias for the VIX, while noting that 10-year, 20-year, and 30-year Treasury yields are at levels comparable to 2004–2007.
The creator argues that the government is losing control of long-term interest rates to the market, a dynamic they believe will likely weaken the bond, housing, and equities markets while making gold difficult to trade.
The creator holds a long-term bullish view on precious metals, citing a "long way to run," while simultaneously taking profits on speculative stocks due to rapid recent gains; he remains neutral on oil and emphasizes that his strategy is tailored to his specific experience and circumstances.
The creator expects Platinum to break out of a downward parallel channel next week, planning an entry on the breakout and a larger bid if it clears the 200-day moving average.
The creator is bullish on thermal coal stocks, citing a potential cup and handle formation despite a recent correction and a breakdown in the Coal ETF. They identify a preferred entry point around 24.50 per share, which is 50 cents below the current price.
The creator states that the natural gas bias is up for the week but upside is limited due to falling moving averages, while FCG is expected to continue down due to negative divergence and a bear pennant.
The creator is bullish on uranium, viewing the current pullback as a buying opportunity to increase allocation because the spot price is below term contract prices, while also noting an expectation for prices to return to previous levels as early as next week.
The creator expects copper and copper miners to rise next week because the topping tail on copper was taken out and COPX found support at moving averages.
Informational only — In it to Win it’s view, decoded by Plutus. Not Paid Daily’s advice or a recommendation. Levels and claims are extracted from what the creator said; verify before acting.