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On Thursday, the price of gold dropped 1.5 percent. What does it mean for the gold market?Yesterday, gold fell below $1,260 and continued declines today in Asian trading hours. Was not it supposed to...
Gold's retracement can last longer.Original post
HUI has been targeting as low as the gap at the 180 area for months now, since losing the 50-day averages. This chart is one of a few that we’ve used to manage the process of a correction that...
Summary: The rising price of copper is probably a good sign that the global economy is non-recessionary. When copper has risen, so has GDP. But the converse is not true: falling copper prices have not...
Gold's next support levels. source: Investing.com
Good Morning!Yesterday’s Crop Production USDA Supply/Demand reports painted a negative picture and the Grain complex sold off large. In the overnight electronic session the complex found some...
Crude oil has made nice three wave retracement down from recent wave A high, so ideally wave B is going to find a support soon. We see room for more upside within current recovery, minimum towards...
Neutral on crude between $44 and $47.Original post
Next long-term support at 1.250Original post
Key Points: Silver could be heading for a breakout in the coming weeks. The metal should become bullish due to its technical readings. Trump’s election could have less influence on safe haven...
As the colder months approach, we continue our heating oil update for the season. Last year's winter was warmer than average and saw a continued drop in heating oil prices, but with a slight uptick...
Gold tested the symmetrical triangle apex before retreating. source: Investing.com