Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing






Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Commentary: Nothing new. PE Gold at 1292 is hanging around its Key psych resistance at 1300 and if it resistance breaks, a quick move to 1317-25 cannot be ruled out. Otherwise it will stay in a sideways move that may take it to support at […]






Gold and Crude Oil Briefing

Gold and Crude Oil Briefing






Gold and Crude Oil Briefing $GLD, $OIL, $USO Commentary: Crude Oil falling on Very Bullish inventories as the FOMC boost Gold. PE The official US Crude Oil inventories delivered Wednesday announcing a huge drawdown, but crude prices themselves did not. After a brief rally following the numbers, both Brent Crude, and WTI Crude Oil collapsed […]






Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing






Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Commentary: Nothing new. PE Gold at 1279 struggles to rise above 1300, only a break above that may open up the higher target at 1327. Crucial supports stands at 1258 and 1230. If support at 1230 breaks, there will be a further decline […]






Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing






Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Commentary: Overall Crude Oil prices could fall in the coming sessions; Silver could have some more room to the Northside; Gold looks Bearish. PE Gold at 1287.59 has come from 1292 seen last week. 1st resistance is seen near 1296, which if holds could […]






Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing






Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Commentary: Nothing new. PE Gold  at 1291 rose in line with expectations and broke above 1st resistance at 1285 thus it might continue the rally to 1300-1315. Failure to rise above 1300 may push it to 1280, then 1267. Will remain Bullish Gold while it […]






OPEC Crude Oil Production Rises Above Its Output Ceiling

OPEC Crude Oil Production Rises Above Its Output Ceiling






OPEC Crude Oil Production Rises Above Its Output Ceiling $OIL, $USO Crude Oil production across all OPEC countries rose again in July, to above the marks the cartel had agreed would be the upper limit, and above the estimated level of global demand. OPEC said Thursday in a market report that its countries’ production rose […]






Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing






Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Commentary: Nothing new. PE Gold at 1276.42 has risen in line with our expectations but needs a break above the immediate resistance of 1285 to continue the rally towards 1300. Failure to rise above 1285 may push it back to 1250, but at this […]






Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing






Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Commentary: These markets are ignoring the US-NKorea saber rattling.. PE Gold at 1264.87 holding above the support of 1245. Only on a break below 1245 sees lower marks to 1230-10 coming into focus. Silver at 16.51 rose above the resistance at 16.50, making the […]






Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing






Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Commentary: Nothing New. PE Neither Gold at 1260, or Silver at 16.28 has moved in the last session with almost all the commodities, irrespective of the category, have taken a pause after sharp expansion of volatility the last few days. Note: In case the support […]






Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing






Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Commentary: Nothing New. PE Failure to rise above the resistance of 1270-75 has dragged Gold at 1258 down as it test 1st support at 1258 below which comes 1245 next. And in case the support at 1245 breaks, there will be a further dip to […]






Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing






Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Commentary: Nothing New. PE Gold  at 1267 is struggling to rise above 1270-75, and only a break above that mark openss up the higher target of 1295. Major supports are at 1258 and 1245. Should the support at 1245 break, there will be a fall […]






Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing






Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Commentary: Nothing New. PE Gold at 1263 is ranged within 1245-75. It has a major support at 1245. If it holds, we can see a rise towards 1275. Recent sideways move had helped Gold to get out of its short term overbought territory but it […]






Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing






Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Commentary: Nothing New. PE Gold at 1266 is working to rise above 1270-75, and only a clear break above that opens up 1290. Key supports stand at 1260 and 1245. Again, not confident about the sustainability beyond 1270 due to short term overbought condition. If […]






Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing






Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Commentary: No Change, USD continues to weaken. PE Gold at 1272 struggling to close above 1273-75, and only a close above that may open up targets at 1298 and 1307, Key supports are at 1258 and 1245. Not confident about the sustainability beyond […]






Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing






Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Commentary: Nothing new. PE Gold at 1268 moved higher and hanging near my target at 1270. Now it is ranged with 1258-70. Gold is overbought near term, so, I am not confident about price sustainability beyond 1270. There is a possibility of a correction towards […]






Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing






Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Commentary: Nothing new. PE Gold at 1260 is ranged within 1245-70. It has Key support at 1245. If that holds, see a rise to 1270. As Gold is overbought near term, am not confident about the sustainability beyond 1270ish. But, in case the support […]






Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing






Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Commentary: Gold and Silver have strengthened on continuing weakness seen in the USD at 93.22.PE Gold at 1260 due to fresh weakness in .DXY at 93.22). The trading range for Gold is 1258-1270. Gold is overbought near term time, and am not confident about thits […]






Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing






Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Commentary: Gold and Silver have strengthened as no sign of recovery had been seen in the USD at 93.80.PE Gold at 1247 is ranged within 1245-58. It has major support at 1245. If it holds, see a rise towards 1258 and 1270. If support at […]






Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing






Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Commentary: Gold and Silver have strengthened as no sign of recovery had been seen in the USD at 93.80.PE Gold at 1254, and Silver at 16.46 are hanging around their Key resistances at 1260 and 16.50. Gold looks overbought in here, and its trading […]






Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing






Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Commentary: OPEC meeting in Moscow now. PE Ahead of the OPEC meet in Russia today, both Brent Crude at 48.21, and WTI Crude Oil at 45.86 have corrected sharply, and tested their respective supports of 48 and 46. The Northside chances remain open […]






Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing






Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Commentary: Nothing New. PE Gold at 1245, and Silver at 16.33 are hanging around 2nd major resistances at 1246 and 16.50. A clear break above 1245 is necessary for Gold to remain Bullish to 1260 near term, or a fall below 1230 could take […]






Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing






Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Commentary: The weakness in the US Dollar (.DXY) Index at 94.56 has impacted positively across all the commodities. Note: the USD is highly oversold, High Caution warranted in here.PE Gold at 1238, and Silver at 16.21 are trading above their Key support at 1231 and […]






Stocks Rose Across the Board, as Trump Rally Extends

Stocks Rose Across the Board, as Trump Rally Extends






Stocks Rose Across the Board, as Trump Rally Extends $DIA, $SPY, $QQQ, $VXX US Stocks rose Wednesday on earnings strength, with the S&P 500 Index and NAS Comp posting records for a 2nd day running. Every S&P 500 sector was higher, with energy stocks and materials companies leading the charge. The energy sector was underpinned […]






Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing






Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Commentary: The weakness in the US Dollar (.DXY) Index at 94.56 has impacted positively across all the commodities. Note: the USD is highly oversold, High Caution warranted in here.PE Note: Bullion strengthened Vs USD Tuesday. Gold at 1240, and Silver at 16.24 are trading above […]






Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing






Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Commentary: The weakness in the US Dollar (.DXY) Index at 94.56 has impacted positively across all the commodities. Note: the USD is highly oversold.PE Gold at 1233 broke its major resistance of 1232 and opened up 1245. The recent sideways range for Gold could […]






Russia and China Setting Up to Transact Energy Business in Gold

Russia and China Setting Up to Transact Energy Business in Gold






Russia and China Setting Up to Transact Energy Business in Gold $GLD, $OIL, $USD, $CNY Russia’s largest bank, state-owned Sberbank, announced that its Swiss subsidiary had begun trading in Gold on the Shanghai Gold Exchange. Russian officials have signaled that they plan to conduct transactions with China using Gold as a means of marginalizing the […]






Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing






Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Commentary: The weakness in the US Dollar (.DXY) Index at 94.95 has impacted positively across all the commodities PE Gold at 1231 broke its recent short term down trend channel and is hanging around its major resistance of 1232. A close above that could open […]






Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing






Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Commentary: In the bigger picture, market is continuously ignoring the shortage (-7.3, -3.2 and -6.3-M bbl) in US weekly Crude Oil inventories for last 3 weeks. PE Gold 1221, and Silver 15.92 are trading marginally higher to keep the upside possibilities open. The recent […]






Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing






Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Commentary: Nothing New. PE Gold at 1218, and Silver at 15.89) are ranged within 1188-1231 and 15.20-16.10 respectively. Will remain Bearish Bullion while they are trading below 1250 and 16.50. See a bounce towards their resistances can be seen due to near term […]






Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing






Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Commentary: Gold/WTI Ratio at 27.31 found support at 26, and could move towards 28.5-29 by the end of this week.PE Gold at 1211, and Silver at 15.55 are trading within ranges of 1188-1231 and 15.20-16.10. Will remain Bearish Bullion while they are trading […]






Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing






Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Commentary: Nothing new. PE Gold at 1219 is short term oversold and needs a pause before attempting sub 1190 marks. It is hanging around 1120 near term area of support and a pause in the range of 12320-1245 can provide the necessary Bearish momentum. […]






Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing






Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Commentary: Nothing new. PE Note:  Markets are now awaiting US NFPs (non-farm payrolls) for June out this am. for more insight into Fed policy and the future path of USD. Gold at 1219 is oversold and needs a pause to refresh before attempting lower […]






Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing






Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Commentary: Nothing new. PE Gold at 1223 is ranged within 1190-1230 and Silver at 16.00 is ranged within 15.80-16.50. So, remain Bearish bullion while Gold and Silver are trading below 1250 and 16.50 marks. Now await the US NFPs for June, due early Friday […]






Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing






Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Commentary: Nothing new. PE Gold at 1222 is trading within the range of 1190-1230 and Silver at 16.16 is within 15.80-16.50. Recall, that on 27 June, I said, “1233 for Gold and 16.45 for Silver fail to hold for the week then gradual selling […]






Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing






Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Commentary: Nothing new. PE Gold at 1237 is oversold and needs a pause before attempting lower marks, the support is at 1230, a clear break below 1230 is needed before the lower levels of 1193 can be seen. A pause in the range of […]






UAE Energy Minister, “No talk about further OPEC supply cuts”

UAE Energy Minister, “No talk about further OPEC supply cuts”






UAE Energy Minister, “No talk about further OPEC supply cuts” $OIL OPEC and allied non-OPEC producers agreed on 25 May to extend an existing supply curb into Y 2018 There is no talk of further Crude Oil output cuts by the Organization of the Petroleum Exporting Countries (OPEC) and its allies despite only a slow […]






President Trump Champions US Energy Dominance

President Trump Champions US Energy Dominance






President Trump Champions US Energy Dominance $USO, $UNG, $SRE Thursday, The Trump Administration said Thursday it is taking steps to expand Crude Oil drilling in the Arctic and Atlantic oceans as President Donald Trump continues to push for US “energy dominance” in the global market. The Interior Department is rewriting a 5-year drilling plan established […]






Industrials Led the Charge into the Close of Q-2

Industrials Led the Charge into the Close of Q-2






Industrials Led the Charge into the Close of Q-2 $DIA, $SPY, $QQQ, $VXX Friday, US stocks closed up driven by increases in the industrial and consumer discretionary sectors, while European shares reversed earlier gains and turned lower. Crude Oil continued to climb as concerns about an oversupply faded a bit and the US rig count […]






See WTI Crude Oil Price Falling to $30 bbl or Lower

See WTI Crude Oil Price Falling to $30 bbl or Lower






See WTI Crude Oil Price Falling to $30 bbl or Lower $USO, $OIL Experts, including me are warning that Crude Oil prices might continue to decline, and could revisit Y 2016 lows and then some. “Oil is in a downtrend and risks trending into the 30’s,” said a technical strategist at Bank of America Merrill […]






Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing






Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Commentary: Nothing new. PE Gold at 1245, and Silver at 16.60 ranged within 1233-1248 and 16.30-17.10 respectively. If 95 support holds for US Dollar (.DXY) Index at 95.25 then it could bounce to 97, limiting Northside for Gold.  So, Gold and Silver may […]






Crude Oil Breaks Key Support, Marks 7 Month Lows

Crude Oil Breaks Key Support, Marks 7 Month Lows






Crude Oil Breaks Key Support, Marks 7 Month Lows $OIL, $USO Crude Oil fell about 2% Tuesday, with Brent Crude settling at 7 month lows and WTI Crude Oil at its cheapest marks since September, after increased supply from several Key producers topped high compliance by OPEC and non-OPEC Oil producers with a deal to […]






Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing






Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Commentary: Gold is trading weak against the USD in here. PE Gold at 1246 is trading above immediate support at 1245. A break below 1245 is necessary to turn Bearish towards 1231 near term, a bounce could take towards 1262. Gold is oversold near […]






Global Investors Rotating, Not Retreating

Global Investors Rotating, Not Retreating






Global Investors Rotating, Not Retreating $DIA, $DAX, $DJSH, $N300, $NSEI Global equities have recovered rapidly after a dip this month as technology firms sold off, signalling the investors are still confident about the last of the Trump reflation trades, as they take a more discerning approach to stock-picking. Despite that recent stumble, MSCI’s gauge of world stock […]






Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing






Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Commentary: Nothing New. PE Gold at 1255 is trading at lower and may test the support at 1245. As The US Dollar (.DXY) Index moves towards 98.30, the Bullish momentum is fading. Should there be a clear break below 1245 in here, we […]






Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing






Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Commentary: Nothing new to add as the market is waiting for Wednesday’s FOMC  policy directive. PE Gold at 1264 is in a slow corrective move which could see 1242, if that support holds, a bounce to 1307 cannot be ruled out. Silver at 16.88 […]






Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing






Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Commentary: Nothing New. PE Gold at 1266 is in a corrective move which may see 1242, if the support holds, a bounce towards 1307 cannot be ruled out. Silver at 17.14 is weakening too, and may see 16.90 in here. See less volatility […]






Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing






Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Commentary: Gold is suffering from the strengthened USD. PE Gold at 127.19 is hurt by USD at 97.30 and broke below my support at 1275, bringing 1247 to the Southside into focus. Silver at 17.29 weakened after failing to hold above 17.50-60 as expected […]






Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing






Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Commentary: Gold is overbought and need a pause to refresh before it’s next leg up, it is doing that now. PE Gold at 1284, may retest support at 1275. The Bullish momentum remains intact, but Southside action cannot be fully dismissed. In case a […]






Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing






Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Commentary: Gold is overbought and need a pause to refresh before it’s next leg up. PE Gold at 1294 is overbought and needs a pause before attempting higher marks, 1297 was marked Tuesday. Now a break above 1300 is needed before 1350-68 can be […]






Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing






Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Commentary: Am doubtful about the sustainability of Gold, sans a deeper decline in USD.PE Gold at 1284, the max Northside seen in here is 1300, if Gold cannot hold its ground above 1275 then it could fall towards Key support at 1245-49, which […]






Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing






Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Commentary: Nothing New.PE Gold at 1281 closed on the high of the day and may test the resistance zone of 1292-1300 this week if the Bullish momentum continues, though the chances of Southside action cannot be negated due to the overbought condition. In […]






Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing






Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Commentary: Nothing New.PE Gold at 1262.97 is struggling near resistance at 1275-85, but the Bears need a break below 1255-50 to confirm a decline towards 1230. Silver at 17.20 resolved the contraction phase to the Southside, but the support of 17.00 is holding […]






Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing






Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Commentary: Nothing New.PE Gold at 1270.00 has risen to test the resistance area at 1275-85. The price action here will determine by the next week if a major Bearish reversal is seen from the current levels or another rally to 1295-1300 before a […]






Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing






Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Commentary: Overall mostly all commodities look Bearish near term and could move lower in the next few sessions.PE Gold at 1259.74 may fall in the near term, as resistance near 1275-1280 looks to be holding well now. A fall towards 1240 or lower to […]






Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing






Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Commentary: Nothing New. PE Gold at 1256, and if 1249 holds on a closing basis then sideways consolidation within 1249-1280 will continue. So, keep a close watch on the price action in The US Dollar (.DXY) Index, which could give us a cue on […]






Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing






Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Commentary: The US Dollar (.DXY) Index at 96.78 is still on course towards 96 with no sign of strength yet. PE Gold at 1252 did not above 1260, and fell towards its Key support of 1249, which could be a level where the price […]






Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing






Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Commentary: The US Dollar (.DXY) Index at 96.78 is on course towards 96 with no sign of strength yet. Bullion strengthened against USD Monday. PE Gold at 1262, and Silver at 17.16 are trading above their Key supports at 1247 and 16.93 and trading […]






Crude Oil Markets Getting Hammered. WTI Target $29 bbl

Crude Oil Markets Getting Hammered. WTI Target $29 bbl






Crude Oil Markets Getting Hammered. WTI Target $29 bbl $USO, $OIL There is a Big Bet that prices are about to sink to their lowest marks in more than a year. About $7-M worth of options changed hands Friday that will pay off if WTI Crude Oil (NYSEArca:USO) falls beneath $39 bbl by mid-July, according to […]






Crude Oil Hits 1-month Highs on US Missile Strikes in Syria

Crude Oil Hits 1-month Highs on US Missile Strikes in Syria






Crude Oil Hits 1-month Highs on US Missile Strikes in Syria $USO, $OIL, $GLD Friday, Crude Oil prices hit 1-month higsh after the United States fired missiles at a Syrian government airbase, sending shockwaves through global markets and raising concerns that the conflict could spread in the Oil-rich region. The toughest US action yet in […]






President Trump Reverses Obama Era Policy Banning Offshore Drilling

President Trump Reverses Obama Era Policy Banning Offshore Drilling






President Trump Reverses Obama Era Policy Banning Offshore Drilling $USO, $UNG, $XOM, $CVX, $RDS.A President Donald Trump is preparing to issue an executive order with the goal of giving oil companies more opportunities to drill offshore, reversing Obama-era policies that restricted the activity. The offshore drilling directive is set to be issued soon, Interior Secretary […]






Crude Oil Prices Falling, Traders Worry About Global Supply Glut

Crude Oil Prices Falling, Traders Worry About Global Supply Glut






Crude Oil Prices Falling, Traders Worry About Global Supply Glut $USO, $OIL, $BHI Crude Oil prices fell Monday in part by renewed concerns about the global supply glut after a meeting of the Organisation of Petroleum Exporting Countries (OPEC) producers failed to impress traders and investors. May WTI Crude Oil fell 0.44, or 0.9%, to […]






Crude Oil Taps 3-Month Lows, US Supply Glut Swells

Crude Oil Taps 3-Month Lows, US Supply Glut Swells






Crude Oil Taps 3-Month Lows, US Supply Glut Swells $OIL, $USO, $BHI Crude Oil (OIL, USO) hung around 3-month lows Monday on rising inventories and drilling activity in the United States. After 2 + months of reduced production from the Organization of the Petroleum Exporting Countries (OPEC), the market is facing evidence that US production […]






Crude Oil (USO, OIL) Breaks Key Support, Heading ‘Due South”

Crude Oil (USO, OIL) Breaks Key Support, Heading ‘Due South”






Crude Oil (USO, OIL) Breaks Key Support, Heading ‘Due South” $USO, $OIL Crude Oil’s clear break through Key support at 50 bbl has set the options market On Fire. A record number of options contracts, the equivalent to more than 800-M bbl of Crude Oil changed hands Thursday, according to the exchange data. The tally includes […]






Key Stock Indexes, Crude, Gold and Silver Markets Briefing

Key Stock Indexes, Crude, Gold and Silver Markets Briefing






Key Stock Indexes, Crude, Gold and Silver Markets Briefing $DIA, $GLD, $SLV, $OIL, $USO, $CU Commentary: Stocks are looking Bearish in here. Signs of weakness are visible after testing 1st resistances near term. There is room for some more dip in the near term before any medium term recovery is seen. PE DJIA at 19170.42, […]






Key Stock Indexes, Crude, Gold and Silver Markets Briefing

Key Stock Indexes, Crude, Gold and Silver Markets Briefing






Key Stock Indexes, Crude, Gold and Silver Markets Briefing $DIA, $GLD, $SLV, $OIL, $USO, $CU Commentary: Worldwide stocks are mixed. Nikkei, Shanghai are trading near Key resistance marks and could come off near term while DJIA has some more room to move North medium term if it breaks the 1st resistance above current marks. DAX […]






Key Stock Indexes, Crude, Gold and Silver Markets Briefing

Key Stock Indexes, Crude, Gold and Silver Markets Briefing






Key Stock Indexes, Crude, Gold and Silver Markets Briefing $DIA, $GLD, $SLV, $OIL, $USO, $CU Commentary: A pause to refresh? PE DJIA 19123.58, +0.01% testing interim resistance at 19250, no pause is seen in here. The Bulls look to be intact and a clear break above 19250 The Trump Rally extends towards 19300-500 near term. DAX […]






Key Stock, Crude, Gold and Silver Markets Briefing

Key Stock, Crude, Gold and Silver Markets Briefing






Key Stock, Crude, Gold and Silver Markets Briefing $DIA, $DAX, $GLD, $SLV, $OIL, $USO, $CU Commentary: Only Shanghai is trading in the Green amongst the other indices and looks to rise near term. But majorly other indices look Bearish with supports just a few sessions away from current levels. There could be an increase in […]






Key US Stock Indexes, Crude, Gold and Silver Markets Briefing

Key US Stock Indexes, Crude, Gold and Silver Markets Briefing






Key DJIA, Crude, Gold and Silver Markets Briefing $DIA, $DAX, $GLD, $SLV, $OIL, $USO, $CU Commentary: Almost all stocks are now trading in the Red. We may have seek confirmation of a break below interim supports Wednesday to become Bearish near term.  the Fed ended its 2-day meeting Wednesday, the rate remained the same as […]






Key Stock, Crude, Gold and Silver Markets Briefing

Key Stock, Crude, Gold and Silver Markets Briefing






Key Stock, Crude, Gold and Silver Markets Briefing $DIA, $DAX, $GLD, $SLV, $OIL, $USO, $CU Commentary: Globally stocks shows some weakness near term. PE DJIA at 18199.33, +0.17% looks for a correction towards 18000 in the coming sessions. A clear break above 18200-18300, if seen would be surprising in here, and could signal medium term […]






Key Stock, Crude, Gold and Silver Markets Briefing

Key Stock, Crude, Gold and Silver Markets Briefing






Key Stock, Crude, Gold and Silver Markets Briefing $DIA, $DAX, $GLD, $SLV, $OIL, $USO, $CU Commentary: News has brought in some volatility in the stock indices.  Mariano Rajoy, Prime Minister of Spain is set to form a new government, after the main opposition party, the Socialists, voted Sunday not to block his re-election, ending the 10-month […]






Key World Stock, Crude, Gold and Silver Markets Briefing

Key World Stock, Crude, Gold and Silver Markets Briefing






Key World Stock, Crude, Gold and Silver Markets Briefing $DIA, $OIL, $USO, $GLD, $SLV Commentary: After the poor US NFPs data, the weak ISM data in US has diminished even the last chances of any rate hike in September dead, increasing the risk appetite. PE DJIA at  18526.14, -11.98, but the sideways mode in the […]






Key World Stock, Crude, Gold and Silver Markets Briefing

Key World Stock, Crude, Gold and Silver Markets Briefing






Key World Stock, Crude, Gold and Silver Markets Briefing $DIA, $OIL, $USO, $GLD, $SLV Commentary: After the poor US NFPs data, the weak ISM data in US has shot even the last chances of any rate hike in the current month dead, increasing the risk appetite in the markets. PE DJIA at 18538.12, +0.25% saw a […]






Key World Stock, Crude, Gold and Silver Markets Briefing

Key World Stock, Crude, Gold and Silver Markets Briefing






Key World Stock, Crude, Gold and Silver Markets Briefing $DIA, $OIL, $USO, $GLD, $SLV Commentary: The markets trade quietly Thursday as some risk capital was taken off the table Wednesday, ahead of the US NFP employment data Friday. PE DJIA at 18400.88, -0.29% tested last week’s low around 18330, but remained in the range of […]






Key World Stock, Crude, Gold and Silver Markets Briefing

Key World Stock, Crude, Gold and Silver Markets Briefing






Key World Stock, Crude, Gold and Silver Markets Briefing $DIA, $OIL, $USO, $GLD, $SLV Commentary: All the markets may trade quietly Thursday as some risk capital was taken off the table Wednesday, and may continue Thursday before the US NFP employment data Friday. PE DJIA at 18400.88, -0.29% tested last week’s low around 18330, but […]






Key World Stock, Crude, Gold and Silver Markets Briefing

Key World Stock, Crude, Gold and Silver Markets Briefing






Key World Stock, Crude, Gold and Silver Markets Briefing $DIA, $OIL, $USO, $GLD, $SLV Commentary: The Japanese markets are seeing some Northside actionon the back of a weak Japanese Yen at 102.94 Vs USD along with the European markets, but the excitement may dry up by soon, waiting for the US NFPs employment data Friday. PE […]






Key World Stock, Crude, Gold and Silver Markets Briefing

Key World Stock, Crude, Gold and Silver Markets Briefing






Key World Stock, Crude, Gold and Silver Markets Briefing $DIA, $OIL, $USO, $GLD, $SLV Commentary: Fed Chairwoman Janet Yellen’s speech and the comments from the Fed Vice Chairman have strengthened the possibility of a rate hike this year weakening the emerging markets after the market digested the percieved hawkish remarks it took a shot at […]






Key World Stock, Crude, Gold and Silver Markets Briefing

Key World Stock, Crude, Gold and Silver Markets Briefing






Key World Stock, Crude, Gold and Silver Markets Briefing $DIA, $DAX, $OIL, $USO, $GLD, $SLV Commentary: The trend for many markets could be determined Friday after the US Fed’s Janet Yellen speech in the Jackson Hole Summit Friday after EDT. DJIA at 18448.41, -0.18%) traded Thursday with a range of 0.3%, but might see a […]






Crude Oil Prices Dive on Global Supply Glut

Crude Oil Prices Dive on Global Supply Glut






Crude Oil Prices Dive on Global Supply Glut $OIL, $USO, $BHI World Crude Oil prices suffered big losses Monday, with the WTI Crude Oil marking below 40 bbl for the 1st time since April, as a survey showed that output in the Organization of the Petroleum Exporting Countries (OPEC) reached record highs last month. Production […]






Gold and WTI Crude Oil Technical’s (Daily)

Gold and WTI Crude Oil Technical’s (Daily)






Gold and WTI Crude Oil Technical’s (Daily) $GLD, $USO Gold: Spot Gold’s decline extended Tuesday falling to 1,330.30 to, its lowest since 1 July. Investors continued exiting the safe haven asset for stocks, although the decline has been moderate, considering the risks around Europe. The pullback from the year high of 1,375.11 has found some […]






Gold and WTI Crude Oil Technical’s (Daily)

Gold and WTI Crude Oil Technical’s (Daily)






Gold and WTI Crude Oil Technical’s (Daily) $GLD, $USO Gold: Spot Gold retreated Thursday and snapped this week’s winning streak as strong US employment data lifted sentiment and triggered some uncertainty about Fed’s next move. Spot Gold fell to a low of 1,350.74 oz before recovering a bit to end the day at 1,358. In […]






Tuesday’s Technical Outlook for WTI Crude Oil

Tuesday’s Technical Outlook for WTI Crude Oil






WTI Crude Oil Crude Oil prices dove Monday, as during the Oil producers’ meeting in Doha, the OPEC and non-OPEC producers failed to reach an agreement on a a production freeze. WTI Crude Oil futures fell to 37.59 bbl, or over 7% before paring losses and recover some ground on news Kuwait’s Oil production fell […]