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Thanks for the feedback.
Going nicely for Gold, Silver and not as well as I would like for Platinum but of course the collateral damage of Trump's current decision on +10% on the Chinese goods that were not yet subject to tariffs from 1st September is Copper...
2.55 needs to hold for me for the option contract expiring in November...
I am not completely pessimistic and I still think it can hold. We are maybe at a bottom. I will intervene below 2.5
COT is still bullish
Weekly view
Nice move for platinum currently +4% (market still opened) and 900 bar crossed. Let's see if it is the beginning of the catch up with the other precious metals
Just to follow up here as I expect at least 920...for the rest quiet as usual here...
In my opinion, the price of Uranium should rise significantly in the next couple of years. Some countries - probably including the US - might reduce the use of oil and gas for energy production, and will replace it with Uranium.
Interactive Brokers offers the UX contract, but it is interesting to note that there seems to be no trade in this contract.
Am I missing anything ? Is there another contract for Uranium ?