Please try another search
Trading volume continues to disappoint, and direction is lacking.Hopefully, most of you are still enjoying the summer vacation. We haven't seen this type of summer doldrum trade for quite a while. In...
At least according to a European Union official familiar with the Union’s steel sector plans, says Reuters.The E.U. is certainly ramping up the pressure. This year, alone, the European...
Today the price of Brent crude oil consolidated above the psychologically important level of $48 per barrel. The instrument is supported by calls from the biggest exporters to freeze production...
I’m not sure of the significance of 20 minutes past the hour, and I’m sure it has some symbolic meaning to the gold manipulation cabal, but for the last week the price of gold has been...
While the SPDR Gold Trust (GLD (NYSE:GLD)) is having a solid day of trading today, there is some developments that should be of concern for you traders holding a long position in it.Now, I'm not...
Severe Storms and Flash FloodingThe weather outlook is not very good to our friends in the South, where damaging storms are impeding the efficient use of community resources to meet Mother...
Common market logic tells us that silver is considered a shelter and a physical asset that traders can rely on during economic, financial and political crisis. Silver is typically viewed as a hedge...
The US dollar is coming under severe pressure against the Japanese yen this morning. That’s good news for gold. This is essentially a financial train wreck. This is the daily chart of the dollar...
WTI Crude has hit resistance at 4580/85. Exit longs & try shorts, with stops above 4615. A good chance we turn lower from here to resume the bear trend, targeting 4535/30 then minor support at...
1. ISIS Losing Oil RevenueAccording to Iraqi news reports, ISIS has lost a significant amount of the oil revenue it used to count on. Before losing control of oil fields near the city of Tikrit, it is...
Global stock markets continue to rise as we noticed last month. Stock markets have already made up for their losses following the U.K.’s decision to leave the European Union.This recovery...
Crude oil prices wavered last week, finally ending the week higher with WTI closing above USD 44 /barrel and Brent at USD 46.97/barrel. Prices for crude dropped on Wednesday, only to bounce back by...
Key Points: Deep in overbought territory. Challenging a strong resistance level. Fundamentals remain in favour of ongoing bearishness. If oil bulls weren’t pushing their luck on Friday, they...
In mid-2009, the IMF announced that it was going to sell a portion of its gold. It ended up selling 403 tonnes of its then-reported 3218 tonnes of gold. Back then, the original announcement made it...
Headlines continue to lead the September Crude Oil contract higher as Russia says they are willing to hold talks with OPEC to stabilize prices. The Russian energy minister says they are talking with...