Gold, Silver & Copper Warning: Key Levels to Watch | Kevin Steuer

Technical analysis serves as a primary tool for navigating current market volatility, where macro factors like interest rate hikes, geopolitical instability in Iran, and shifting commodity supplies dictate asset performance. Kevin Steuer, managing partner of StockTA.com, employs a "traffic light" system—monitoring the VIX, US dollar, and 10-year yields—to manage risk and determine entry points. While copper remains a strong performer due to AI-driven infrastructure demand, rising real interest rates exert downward pressure on gold and silver, prompting a shift in portfolio strategy. Effective trading requires constant adaptation to evolving market structures, such as the influence of institutional options trading, and a disciplined approach to scaling positions. Consequently, the model portfolio replaces the Russell 2000 ETF with the United States Oil Fund (USO) to gain exposure to energy markets amid ongoing Middle Eastern uncertainty.