Gold has been under pressure this week due to a stronger dollar caused by the recent FED decision to raise interest rates and hawkish comments made by FED officials this week. The Spot Gold (XAUSD) ...
by Chaim Siegel of Elazar Associates LLC Gold prices have been down for nearly two straight weeks. Any lower and you break an uptrend, which is worrisome. There are three factors bothering gold which ...
For the second time in less than a week, the price of oil has dropped several percentage points over the course of several hours. On June 14, WTI dropped almost 4% to below $45 a barrel and on June ...
The energy market, more than other commodity markets, is often impacted by geopolitical events. But not every geopolitical event that affects an energy producing country impacts energy markets. When ...
Gold has come back to test previous resistance, now new support for the commodity at around $1257. The diagonal support is still in place with gold trading above the 50 day and 200 day moving ...
Currently gold is trading 1263 after plunging today to 1261.68 low and peeking to 1267.12. Overall, signs of bearish momentum persists for the precious metal but U.S data today and major FOMC ...
Incredible scenes in the Palladium market on Friday with a massive squeeze overshadowing continued anaemic price action on precious metals and crude oil. OIL Crude paused for breath on Friday after a ...
Gold: Gold has sold off this week after rallying higher for 3 straight weeks. We see a double top in gold where it was unable to break the year highs. It is important to note that this may not be the ...
The gold miners’ stocks remain deeply out of favor, largely shunned by traders. Since this sector just spent the better part of a year grinding sideways, such bearish sentiment isn’t ...
Publishing Note: I’m going to take a break in my articles. My next article will be out on the weekend of June 23-25. The week ended with a new all-time high for the Dow Jones Industrial Average....
Provencial greetings from the stunningly gorgeous Vaucluse. Contrary to the fast-paced rat race of San Francisco, here in the South of France amongst these vast vineyards and rolling hills of dark ...
WTI Crude Oil Non-Commercial Positions: Large speculators added to their bullish net positions in the WTI crude oil futures markets last week for a fourth consecutive week, according to the latest ...
Gold Non-Commercial Positions: Large speculators boosted their bullish net positions in the gold futures markets last week for a third consecutive week, according to the latest Commitment of Traders ...
Silver Non-Commercial Positions: Large speculators increased their bullish net positions for a third straight week in the silver futures markets last week, according to the latest Commitment of ...
Copper Non-Commercial Positions: Large speculators increased their net bullish positions in the copper futures markets last week as sentiment for the metal has improved in recent weeks, according to ...
What a great market week we saw this past week, until Friday where we saw some flash crashes in stocks, mostly those who populate the Nasdaq. The crash was just that, a flash crash and stocks came ...
As expected, gold bumped into strong resistance level located at 1295 with +1.16 extra as first test on level, ending Wednesday's session with 1296.16 highest. After that the precious metal has been ...
