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Gold (13.01.2014) reversed from the very potential support area of $1208-1180 and now trading between minor support and resistance area which will decide the future direction for shot term. Now gold...
Now, we should caution that we are not personally great followers of the chartists, by which we mean those analysts who seek to predict future price movements on the basis of the shape of previous...
Hedge Funds and other large money managers cut their net-long exposure to Brent crude oil by 36,515 contracts of futures and options during the week of January 7. This was the biggest weekly reduction...
The gold price reached its highest in a month earlier today thanks to a relatively weak US dollar, following the surprisingly low US jobs data on Friday. Silver, platinum and palladium also climbed in...
The weaker-than-expected US payroll numbers on Friday gave precious metals an additional lift and the sector remains the strongest performer so far this January. Gold moved back into its area of...
Gold prices are seen flat as of this writing after rising earlier today to the highest in a month amid speculation the Federal Reserve will slow tapering following the weaker-than-expected US jobs...
Prices of WTI continue to decline despite the initial bullish jump when a weaker than expected NFP print was released last Friday. It is debatable how one should interpret the NFP numbers, as equities...
Gold received a boost on Friday after a much weaker than expected Non Farms Payroll number was released (74,000 new jobs v 200,000 expected), with the price surging $20 higher and the dollar coming...
CLCrude oil futures moved off the previous session’s eight-month low to end up more than 1% on Friday, after weaker-than-expected U.S. jobs data fanned speculation that the Federal Reserve will...
We spend a lot of time focusing on gold, however, its little brother silver is currently in a much more interesting situation from a technical perspective:There is substantial promise in the silver...
In January’s WASDE report, wheat and soybean ending stocks projections were revised higher on higher expected output. Projected corn ending stocks were revised lower on higher projected...