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Peter Schiff of Reuters said on Monday that I am “totally wrong” when it comes to my grim view of gold. As almost always seems to be the case, just about the only asset in the red this...
Last week was marked by the U.S. Federal Reserve (Fed), which delivered a 25-basis point key rate increase. What shook up markets was the news that 11 of the 17 voting members of the Fed anticipate at...
WTI Crude February did just manage to hold first support at 5280/70 which is positive for today in the bull trend. If we can beat 5325/35 look for a test of strong resistance at 5375/80 but shorts are...
Are Crude Oil Prices Close To Recovering To $100 For The First Time Since 2014?Prices of crude oil futures recently hit a $52 mark days after the Organization of Petroleum Exporting Countries made an...
Gold has managed to hold the 1136/37 level perfectly on the downside but strong resistance at 1144/45 a challenge this week. Shorts need stops above 1149. A break higher however targets 1153 before...
Here is the weekly chart of gold:Right now gold is at a triple support band around 1122-1114:1- the support from the upper trendline of previous falling wedge which broke out to launch gold towards...
ES: Avoid entering this market now as the reasonable sell stops are some 50-80 points belowOriginal post
Good chance for a long-term bullish inverse head & shoulders formation above $52.Original post
The global financial system continues to groan under the strain of the accumulated weight of trillions of dollars worth of debt and derivatives, which have built up to even more fantastic levels than...
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 three cents each from last week. According to...
Despite a wicked oversold condition generated by the post-Trump upside explosion in equities and the elimination of larger-denominated cash bills in India (triggering an exodus out of Indian gold and...
Here is what I said about zinc on 7th December. Here is the updated daily chart of zinc: At the time of writing, zinc has made a low of 2587 so far and inches away from our target zone of 2530...
Here is what i said on 7th Of December:Here is the updated daily chart: So far we have reached towards our first objective of 2200 and right now moving towards our next objective of 2056 followed by...
Here is what I said on 12th of December. As we expected earlier, the region of 2.530 is achieved as of writing. Now if the area of 2.52 gives the way then we are ready for 2.467 followed by 2.427.Here...