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The British pound was the stand-out amid muted moves in many markets, weakening on the prospect of a hung parliament in next week’s U.K. election and handing a boost to stocks. Crude fell a...
Serious double-top danger for Natural gas. Original post
Neutral on gold, that is trading between the midway through and the bullish target and the supportive trend line. Original post
Goldman Sachs (NYSE:GS) has set pretty optimistic forecasts on aluminum prices. According to a recent report from CNBC, the bank expects prices to hit $2,000 per metric ton in six months and $2,100...
The Elections in the UK next week could be shaping up as a real boom for the gold price as the gap narrows between Prime minister Theresa May and opposition leader Jeremy Corbyn.May's lead in the...
The Summer driving season is off and running and oil is struggling to find direction. While we start to move into a period that could see substantial draws in inventory, the trade is focused on shale...
Lead futures price seems to ready for a reversal after taking support at $2104 in the consolidation zone.Have a nice trading time.
Last Thursday at the meeting of OPEC+, major oil exporters agreed to extend the validity of the agreement on the cutting of oil production until March 2018, keeping the volumes of production cut at...
Gold Flirts With 1270 With A Setback, Awaiting U.S DataGold clocked 1270.50 May 2017, fresh-highs but failed to march forward, hitting a strong resistance with successful test, retreating to 1261.71...
Gold: Unfavorable risk/reward for long positions Original post
Beijing’s focus on supply-side reforms of China’s giant aluminum industry has been a prime mover for the metal price this year.But primary metal price rises aside, of more concern to...
The International Lead and Zinc Study Group released its Spring 2017 meetings/forecasts report, which found global demand for refined zinc metal is expected to increase 2.6% to 14.30 million tons this...
Oil had a rough day in the market on Monday, which for many, proved to be a surprising move. After all, OPEC recently announced that it would be extending its production cut. Today, we’ll talk...
Last week, the minutes of the Federal Reserve’s May meeting were released. What do they say about the Fed’s stance and what do they mean for the gold market?Everything is Fine, Slowing...
A few weeks ago the World Gold Council (WGC) published its “Gold Demand Trends” report for the first quarter of 2017. These reports actually provide no information about gold demand and in...