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Crude oil prices, after plunging to a three-month low, snapped back on reports of a new diplomatic push by OPEC to finalize a deal to cut production. A report by Bloomberg said that Qatar, Algeria and...
InflationThat’s a word I have not taken seriously since the 1980s. The greenback's rise and the Fed talk of raising Interest Rates bring back fond memories of some decades ago. The drama the...
Our November metal price trends report showed an industrial metals complex buoyed by strong Chinese demand and bullish on the future, thanks to the election of republican presidential candidate Donald...
For gold bugs it has been another tumultous week, with the price of gold collapsing as Donald Trump marched into the White House, sweeping all before him and confounding the polls once more. For...
WTI Crude has held important 7 month trend line support at 4260/50 and we do have a short term buy signal. Holding above 4360 is more positive for today and targets 4400/10 then the strongest...
Gold heading for first resistance at 1231/32. We should struggle here but in oversold conditions a break higher does look possible and targets 1237 then strong resistance at 1241/42 for profit taking...
Temporary bear trap on crude oil could lead to further gains Original post
Gold could bounce from the internal trendline and the 6 month low at 1.200 Original Post
Gold is moving sharply lower, away from 1337 swing high where market might have found a temporary top if we consider a very strong sell-off which looks like an impulse. As such, we updated the wave...
Gold has been on a wild ride since the US election results last Wednesday, climbing to a high on the day of the election of $1,336 before slumping lower at the end of the trading closing at...
A massive take-down of the gold and silver markets was put into action shortly after it became obvious that Trump was going to take the election, shortly after midnight EST. Gold had finished soaring...
We discuss some oil technicals, and the upcoming drivers for some short covering ahead of contract rollover, and key OPEC Meetings and Production Cut Decision regarding the potential for oil to have...
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 down five and four cents, respectively, from last...
Good Morning!More twist and turns as the disbelief of the rank and file that president-elect Trump won the election. The first 100 days of his administration should see sweeping changes in Energy...