Commodities Analysis & Opinion

Gold Retreats As Political Tension Fades Away, Eyes on U.S. DataGold shed -$16.79 yesterday with a 1273.81 weekly fresh lows due to aggressive selling and abandoning buying positions, still above 200...

Gold key to direction today is good short term support at 1272/71. Watch for a possible bounce from here...perhaps to 1279/81. (It is worth keeping a core short position though). If you try a long,...

WTI Crude JUNE: Resistance at 5135/40 but 5180/90 the main challenge for bulls today. A high for the day possible but if we continue higher look for quite strong resistance at 5260/70. Shorts need...

Before we look at the charts below, I would like to thank Plunger for putting on the short oil trade this week while I was recovering from surgery. You won’t find a more thorough and in-depth...

Oil prices are recovering after a 3.8% decline on Wednesday. US gasoline showed an increase in storages, which spurred bearish bets for energy stocks, in yesterday’s trading session. Crude...

WTI crude was exposed to sharp losses on Wednesday, with prices tumbling towards $50 after an unexpected weekly climb in U.S gasoline supplies compounded with existing oversupply fears. Although some...

As longtime readers know, we love small caps here at Wall Street Daily — with good reason.During periods of economic expansion, small stocks often outperform blue chips by a wide margin. In...

Gold: Stops/targets on long/short positions Original post

by Chaim Siegel of Elazar Advisors, LLCWe love to watch 'action' when it comes to the oil market. 'Action' is the trading tool comparing what should happen to what actually does happen. Oil is of...

Markets continue to trade generally calmly for the moment. US equities turned mixed overnight with DJIA losing another -118.79 pts or -0.58% to close at 20404.49. S&P 500 dropped -4.02 pts or...

Oil long positions culled after an ugly drop; gold continues to drift ahead of the weekend’s election.Oil Both Brent and WTI collapsed some 4% overnight in a straight line. Brent spot trading...

Theresa May has called a snap general election in the U.K. What does it imply for the gold market?Yesterday, Theresa May, the British prime minister, announced that she wanted to hold a snap general...

The gold price is taking a breather today after yesterday’s gains on the uncertainty of the upcoming UK elections, but according to one analyst a new all-time high could be in the making.At...

Natural Gas futures price after moving into a narrow range, what I defined as a ‘Fresh Buying Zone’ in my last analysis, seems to take a directional move before the impending inventory...