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WTI crude oil is targeting $62. Original post
Gold is showing a rounding bottom pattern with 1,308 as the trigger. Original post
On analysis of the movement of Nickel futures price in different time frames, I find the Nickel as the next nice choice to trade for the week of November 26th, 2017. Any downward move will be a nice...
On analysis of the movement of WTI Crude Oil in the same chart pattern which I noted in my last analysis, I find the WTI Crude Oil futures price has achieved its sustainable continuation on uptrend...
On analysis of the Natural Gas futures price movement in the same chart pattern which I noted in my last analysis on November 23rd, 2017 at 09:10:00, I find the Natural Gas bears are trapped well in...
The price of WTI crude oil surpassed the $58 a barrel mark this week. The last time it traded at that level was in June, 2015, when the oil crash was still in full swing. Almost two and a half years...
Gold: Only trading above 1,308 will activate a rounding bottom bullish pattern. Original post
Gold has posted considerable gains in the Wednesday session. In North American trading, the spot price for an ounce of gold is $1290.71, up 0.79% on the day. On the release front, durable goods...
The oil market has rebounded with buyers paying a premium to receive their barrels speedily. Now, crude oil for this month is more expensive than the next, as the oil market enters into a state known...
The stock market flashes gloomy signals. What does it mean for the gold market?Last week, some analysts pointed out the ominous behavior of the U.S. stock market. On Tuesday, the number of companies...
TransCanada’s Keystone pipeline problems have squeezed supplies and upset South Dakota, sending West Texas Intermediate (WTI) gushing higher ahead of the Thanksgiving holiday.Crude oil traders...
I’ve written a lot about how the US dollar is the fulcrum of the global financial system.Commodities are priced in dollars. Global trade is done in dollars. And the majority of international...
Crude oil's breakout is valid, bull trap avoided while trying to overcome 57,92 with view to $62+. source: Investing.com
Still expecting a correction in gold toward the uptrend line. Neutral now. source: Investing.com
Gobble Gobble RallyGood Morning!We kickoff the day with Advanced Durable Goods and Initial Jobless Claims at 7:30 A.M., EIA Energy Stocks at 9:30 A.M.,EIA Gas Storage at 11:00 A.M. followed by Cold...