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Gold today: New York closed at $1,249.10 yesterday after closing at$1,244.30 Monday. London opened at $1,253.00 today. Overall the dollar was weaker against global currencies, early today. Before...
Today we will be looking at a different way of trading the precious metals market. Until now, we have talked about outright positions in the various markets. If we were bullish we bought, and went...
It's time again for our weekly gasoline update based on data from the Energy Information Administration (EIA). The price of Regular and Premium were down three cents each from last week. According to...
Yesterday, there was a flash crash in the gold market. What happened and what does it mean? Monday was a very interesting day for the gold market, as the price of gold plunged almost $20 after 1.8...
Gold has steadied on Tuesday, posting slight gains. In the North American session, spot gold is trading at $1247.95 per ounce. In economic news, CB consumer confidence rose to 118.9, beating the...
As prices reached to Finish-line of a long Flat correction pattern, LME Storages hit new lows since 2007 and facing shortage era for Zinc. 300000 tones of stored zinc remaining and this report from...
At about 4:00 am on Monday, gold suffered a dramatic sell-off in just a few seconds. More than 15,000 contracts quickly changed hands on the COMEX.This caught most investors by surprise. That’s...
Let's look at cocoa and see what we have here.Cocoa is trading clearly bearish since 13th of June, where we labeled end of a corrective retracement. That said, we have already seen a five wave...
by Pinchas CohenGold traders were at the receiving end of a rude awakening when the price of gold plunged sharply from $1,254.76 at 3:55 EDT Monday to $1,239.62, or 1.2-percent inside a minute at 9 AM...
Gold Today –New York closed at $1,244.30 yesterday after closing at$1,255.90 Friday.London opened at $1,250.00 today. Overall the dollar was slightly weaker against global currencies, early...
Farmers Frackers Rig Counts & WeatherThe busy holiday week continues before the 4th of July weekend. This morning we have Consumer Confidence at 9:00 A.M. and API Energy Stocks at 3:30 P.M....
Expected Propositional Trading Zones From June 27th-July 7th, 2017.Natural Gas futures price seems to maintain a gap up since first trading session of the Week of June 25th, 2017 along with supportive...
U.S. central bank's plan to start shrinking its massive balance sheet, which ballooned to $4.5 trillion in wake of the financial crisis, will definitely be a good effort to boost the economy. But it...
OPEC is trying to enforce quotas, but everyone is cheating. The US has massive shale oil drilling capacity. And the country is shifting towards natural gas and solar power. All this lines up for a...
I believe that oil prices have provided enough signs that an important low is in. We should now expect this reversal to unfold into a bigger move higher.Key short-term resistance is found at $44....