Posts by Tomáš Potoček

Tomas is a professional trader and money manager on foreign exchange market from 2014. His main domain are commodities. Experiences gained due this period are transformed to consultant service for his clients to look around in the world of stocks, FX or commodities exchange. He sets up client’s portfolios, chooses right broker or teach them how to trade for themselves.
Gold traders await Fed’s decision of the year

Gold traders await Fed’s decision of the year

This week's Fed rate decision could bring higher volatility. A possible 100 bps rate hike could spark a massive sell-off.
Gold gains due to weaker US Dollar

Gold gains due to weaker US Dollar

The US Dollar index weakens by more than 0.7% this month. It helps gold to correct losses from last month. Volatility persists with inflation data ahead.
OPEC+ unexpectedly cut oil’s output

OPEC+ unexpectedly cut oil’s output

OPEC+ reversed course and lowered supply by 100 000 barrels a day for the next month. Crude attacked $90 level.
Gold looked under $1700 level

Gold looked under $1700 level

Determination in the fight against inflation confirms the hawkishness of the monetary policy. Gold reacted negatively and tested a level of $1700.
Crude oil is down 30.56% from June’s top

Crude oil is down 30.56% from June’s top

Crude has declined more than 30% in two months. Iran's nuclear deal seems to be very close to an agreement.
Swiss gold export soars to 202 tonnes in July

Swiss gold export soars to 202 tonnes in July

The price of gold is under 1800$ and demand is rising. China's import of Swiss gold was up by 147% in July. Fed remains a big question.
Oil down by 5% due to China and Iran

Oil down by 5% due to China and Iran

Demand for oil in China is lower in a year-to-year comparison. Iran's nuclear deal could be reality in the near time.
Is U.S. inflation going to change the trend of Gold?

Is U.S. inflation going to change the trend of Gold?

The U.S. inflation data surprised markets with lower numbers. With this optimism, gold tries to break above resistance.
Crude oil seeing the biggest drop since April

Crude oil seeing the biggest drop since April

The fear of economic slowdown and high inflation hurt demand. The price of Crude Oil declines and the weekly change of open interest thus raises.
Gold’s volatility rises with tensions in Taiwan

Gold’s volatility rises with tensions in Taiwan

The price of gold is volatile thanks to the geopolitical tensions in Taiwan, the global economic slowdown, and the Fed's monetary policy.
Tomáš Potoček
Tomáš Potoček | staff

Tomas is a professional trader and money manager on foreign exchange market from 2014. His main domain are commodities. Experiences gained due this period are transformed to consultant service for his clients to look around in the world of stocks, FX or commodities exchange. He sets up client’s portfolios, chooses right broker or teach them how to trade for themselves.