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Gold posted slight gains in the Tuesday session. In North American trade, the spot price for one ounce stood at $1137.32. On the release front, CB Consumer Confidence climbed to 113.7, easily...
It's time again for our weekly gasoline update based on data from the Energy Information Administration (EIA). The price of Regular and Premium are up five and four cents each, respectively, from last...
Crude oil continues to crawl higher after the holiday, conspicuously preserving the uptrend off of its Nov. 29 low ($44.82).The trendline cut across the price axis Tuesday morning in the vicinity of...
My supposition is that natural gas is going to enjoy its bounce in the days ahead, after breaking its final strong resistance of the first seasonal peak zone at 4.586, if it enters inside the second...
Gold may be in the first stage of a significant rally. Gold has burst out of the short-term down channel, and the recent action of the “smart money” commercial traders is very...
There has been massive confusion in the precious metal market from the very beginning of 2016. Due to lots of pending economic events, investors in the gold market suffered a lot. The Fed was supposed...
Oil prices continue their year-end rally on economic optimism and growing confidence that OPEC and NON-OPEC nations will adhere to production cuts. Not only have Saudi Ariba and Iraq signaled that...
Here is what I said about silver on 20 December.Here is the daily silver chart below. MACD still not in favour of bulls, although it is showing the bullish diversion but not positive crossover yet....
Markets and investors are positive about rally in oil prices pushing through until 2017.After hitting a $53 mark prior to Christmas day, oil prices are now showing positive signs of a rally pushing...
Here is what I said about gold on 20 December.Here is the daily chart of gold with latest development. Indicators are now coming in favour of bulls slowly. MACD bullish cross over is now favouring...
Oil States International Inc (NYSE:OIS), founded in 1937, provides services to oil and gas companies. With a market cap barely exceeding $2 billion, you might ask what is so interesting about this...
Crude Oil above resistance cluster between $51 and $52 the momentum following the breakout is not convincing Original post
Pressure on gold not over yet Original post
This will be a short report, due to the holidays:The price of gold moved sideways on Friday, whereas silver plunged. Below, we will give an update on the supply and demand picture and the fundamental...
CL_F Crude oil is showing an incomplete 5 swing sequence from 2/8 low ($26.02), favoring for more upside. The latest rally up from 11/14 low ($42.2) is proposed to be unfolding as a triple three where...