Spot Gold May Witness Downside Momentum
Gold is finally gathering downside momentum, resuming the overall bearish wave, and approaching our second target near 1405.00. Overall, we maintain our negative view, targeting the recently printed ...
Gold is finally gathering downside momentum, resuming the overall bearish wave, and approaching our second target near 1405.00. Overall, we maintain our negative view, targeting the recently printed ...
Silver is attempting to break 23.25 support level, successfully holding below it may confirm further sell-off and a possible retest of 22.00 low once again. Overall, we hold onto our earlier bearish ...
The bearish pennant described yesterday has broken following today’s selling, which extended this week’s loss. However, the key takeaway from today’s action is not so much the ...
WTI Crude fell strongly yesterday, closing close to the 94.0 support on the back of the American Petroleum Institute report which showed crude oil stocks rising by 1.1 million barrels. Gasoline fell ...
Following a weak Euro, thanks to weaker-than-expected European data, gold is down again this morning having hit a three-week low ($1,408.24) in the early hours.European data was a mixed bag yesterday,...
A quick glance at the momentum monitor below shows a general state of positiveness across most sectors with a few agriculture commodities and natural gas being the exceptions. The dollar which spiked ...
What would you think if someone told you the following?“Three times this week, I am going to tell you the low price of gold with near perfect accuracy, and one of those three times, I am going ...
Brent crude oil slid toward $102 on Wednesday as rising supply and waning demand kept a lid on prices. The commodity traded at $102.22 at 7:47 GMT on Wednesday morning.The Wall Street Journal reported...
Crude oil is seen trading near a two-week low as the U.S. dollar resumes its rise while oil inventories are seen rising in the United States amid a bleak outlook for global demand growth. The dollar ...
Gold Prices ticked higher on Wednesday trading session after falling for four consecutive sessions buoyed by a softer U.S. dollar. However, firm equities could lure away investors seeking better ...
CLData from International Energy Agency indicated an increase in stockpiles. West Texas Intermediate crude traded near the lowest level in almost two weeks, and the International Energy Agency said ...
Wholesale gold bullion prices fell to three week lows around $1410 an ounce Wednesday as European stock markets ticked higher, reversing earlier losses following disappointing Eurozone growth data. ...
After a quiet Tuesday with a downward bias, gold dropped below Friday's 1419 low early, and selling has since accelerated, as we suspected it would. The market is approaching key support at 1404 - if...
MCX Gold had been in a steep uptrend over the past five years. It has been forming higher highs and higher lows, supported by long-term trend-line S. However, the support line was broken in the ...
Silver closed lower on Tuesday. The low range close set the stage for a steady to lower opening when Wednesday's night session begins. Stochastics and the RSI are turning bearish, signaling that ...
Gold closed sharply lower on Tuesday. The low range close sets the stage for a steady to lower opening when Wednesday's night session begins. Stochastics and the RSI have turned bearish, signalling ...
Natural Gas closed higher on Tuesday. The high range close sets the stage for a steady to higher opening on Wednesday. Stochastics and the RSI remain neutral to bullish, signaling that additional ...
| SPX 500 Futures | 1663.95 | +15.95 | +0.97% | |||
| NQ 100 Futures | 3024.60 | +26.35 | +0.88% | |||
| US 30 | 15354.79 | +121.57 | +0.80% | |||
| DAX | 8398.00 | +28.13 | +0.34% | |||
| FTSE 100 | 6723.06 | +35.26 | +0.53% | |||
| Japan 225 | 15138.12 | +100.88 | +0.67% | |||
| US Dollar Index | 84.34 | +0.44 | +0.52% |
| Gold | 1357.75 | -29.15 | -2.10% | |||
| Silver | 22.190 | -0.469 | -2.07% | |||
| Copper | 3.316 | +0.021 | +0.64% | |||
| Crude Oil | 95.91 | +0.74 | +0.78% | |||
| Natural Gas | 4.059 | +0.127 | +3.23% | |||
| US Cotton No.2 | 86.34 | +0.32 | +0.37% | |||
| US Coffee C | 137.00 | -3.25 | -2.32% |
| Euro Bund | 145.16 | -0.04 | -0.03% | |||
| Euro BTP | 116.57 | +0.68 | +0.59% | |||
| Euro BOBL | 126.675 | +0.060 | +0.05% | |||
| UK Gilt | 117.69 | -0.35 | -0.30% | |||
| US 2 YR T-Note | 110.25 | -0.02 | -0.02% | |||
| US 10 YR T-Note | 131.84 | -0.50 | -0.38% | |||
| US 30 YR T-Bond | 143.89 | -1.29 | -0.89% |
| Central Banks | Interest Rates | Next Meeting | |||
|---|---|---|---|---|---|
| FED | 0.00%-0.25% | Jun 19, 2013 | |||
| ECB | 0.50% | Jun 06, 2013 | |||
| BOE | 0.50% | Jun 06, 2013 | |||
| SNB | 0.00% | Jun 20, 2013 | |||
| RBA | 2.75% | Jun 04, 2013 | |||
| BOC | 1.00% | May 29, 2013 | |||
| RBNZ | 2.50% | Jun 12, 2013 | |||
| BOJ | 0.10% | May 22, 2013 | |||