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Commodities Analysis & Opinion
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Brent Crude Oil: Longs Need Stops Below 106.45
By CommodityOnline - Jan 06, 2014
Brent Crude made it our target of 108.52 & topped almost exactly here at 108.64. We then broke 107.65/55 to hit the next target & support at 106.85/80. This has so far held the downside as...
WTI Crude: Bearish Pressure Remains Despite Price Stabilizing Below 94.2
By Mingze Wu - Jan 06, 2014
Crude Oil prices have stabilized a little after the slide seen during Friday's US session. However, this hardly means that bearish pressure has abated. In fact, S/T outlook for WTI remain extremely...
Gold Hits 3-Week High
By ICN.com - Jan 06, 2014
Gold rose to the highest level in almost three weeks on Monday, resuming the upside move that started five days as equities went soft after some lackluster data from China.The bullion market kicked...
Gold Market Update: Gold Made Spirited Start To 2014
By GoldTradingExperts.com - Jan 06, 2014
After closing 2013 with a massive 28% annual loss, gold has made a spirited start to 2014, rising off key support at $1180 to currently trade near the 50 DMA at $1250.However, we do not expect this...
Brent Crude: Held The Downside
By Jason Sen - Jan 06, 2014
Brent Crude made our target of 108.52 and topped almost exactly here at 108.64. We then broke 107.65/55 to hit the next target and support at 106.85/80. This has so far held the downside as predicted...