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Gold remains inside of this well defined falling channel. Gold is near the top of the channel and the rally of late has taken it to the "underside" of a year long resistance line.In my opinion, Gold...
Oil prices have tumbled 30% since July amidst a rising greenback and abundant supply gushing from the fracking boom here in the U.S. However, the energy sector’s four-month-long downtrend...
Albanian Minerals CEO Sahit Muja said: The ferrochrome and iron ore demand to strengthen in 2015, supported by a global rise in stainless steel production and demand . Ferrochrome is a key raw...
Gold began the day fairly well contained, just off the three-week highs that were established on Tuesday at 1204.70. Later in the morning, a bout of volatility ensued as a result of new polling...
The BOJ will explain itself, by way of its latest monetary policy statement, early Wednesday morning, thereafter they'll hold a press conference and with Japan recently slumping into a new recession...
With all of its income from selling oil, Russia is diversifying its reserves by buying massive amounts of Gold, said William Rhind, CEO of the World Gold Trust Services.Of all the central banks that...
Gold and Silver prices have been trading in declining wedge patterns since 2011. Crude has traded in a flat to down wedge pattern for five years, and the S&P has been moving inexorably higher...
Gold has been posting gains since Friday, and the metal is trading at the key level of $1200 on Wednesday. On the release front, In the US, we’ll get a look at important...
LONG TERM TREND: BEARISHINTERMEDIATE TERM TREND: BEARISHSHORT TERM TREND: NEUTRAL/BEARISHVERY SHORT TERM TREND: BULLISHGold has rebounded from the 1130 lows a couple of weeks ago, printing two...
Gold prices climbed to a more than two-week high to $1,200 an ounce on Tuesday, following the European Central Bank (ECB) president’s statement in Brussels. Gold prices rose to $1,201.99 an...
Crude Oil approached its lowest level in four years on Tuesday , amid conflicting expectations about the Organization of the Petroleum Exporting Countries’ (OPEC) decision expected in the 27 th...
Crude Oil continued its bearish wave after testing 76.00 and is currently approaching the key awaited target at 72.65, waiting for more negativity that will push the price towards 70.00. RSI and MACD...
The trading remained limited and weak yesterday and we witnessed some bearishness after the bullish attempt. But the downside move remained limited above the minor support 16.00 and the intraday...
Gold stabilized above 1181.80 yesterday and stabilized above the psychological barrier 1200.00. Trading above 1181.80 at 23.6% correction favors extending the upside move towards 38.2% correction, and...
Gold slipped at the beginning of Wednesday trading session as a stronger dollar prevented the metal from holding its overnight gains, as the gold recovered to trade near three-week high around...