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It's time again for my weekly gasoline update based on data from the Energy Information Administration (EIA). Rounded to the penny, Regular and Premium are both nine cents cheaper than in my last...
Gold for Wednesday, October 15, 2014 Over the last couple of days gold has run into the previous key level at $1240 which has resisted and forced gold a little lower. For the last few...
All the news has been bad in the energy market following a substantial correction in Brent and WTI crude oil prices. The situation demands some caution as we wait for prices to stabilize before...
Crude Oil is at the point in its new price channel (pink on chart) where the last move down was either the start of a sideways move, like a megaphone or triangle, or where the price is likely to...
The weakness in the Energy sector is attributable to the plunge in the price of a barrel of Brent crude oil. It has plunged 27% from this year’s high of $115 on June 19 to $84 yesterday. The...
I caught a snippet on CNBC this morning discussing the plunge in oil prices. The on-air personality recounted a conversation she had with an oil analyst. The oil analyst assured her that people...
Gold remains generally well bid, just below resistance at 1240.20/1242.07 amid rising global growth risks. The data out of Europe today were just dismal, escalating pressure on the ECB to launch...
US policies that promote warfare and welfare have produced massively increased debt, much higher consumer prices, larger government, and more central bank intrusion into the markets. And yes, higher...
Lowest selling momentum since 2012. Trend intact. Coming in to support. $182, $177, $169. $192 above. '3d' criteria setup on Gold Daily time frame. Initial target...
Gold is calm on Tuesday, as the spot price stands at $1233.28 per ounce in the European session. The metal is trading at 3-week highs following last week’s dovish Fed minutes, which...
Crude oil being sold again following the monthly report from the International Energy Agency in which they saw oil demand growth this year rising at the slowest pace since 2009. Following four...
Silver (14.10.2014) lost more than 15% from july 2014 & probably looking for some relief now.Now silver is trading around $17.46 area & as we can see on charts, silver probabaly building...
Main scenario:The pair is trading along an uptrend.A downtrend is already started from resistance level 1236, which will be followed by moving down to support level 1228 and then to 1223.Alternative...
Brent prices fell below $88 per barrel in Monday, the lowest in four years after major oil producers from the Middle East said they are not willing to decrease output despite lower prices.Kuwaits oil...
Crude oil is still fluctuating below 85.45 keeping the downside move dominating the short-term trading, as the negativity of Linear Regression Indicators (supporting the bearish extension) supports...