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 been falling and could trade low for some more time. PE Gold at 1244.54 looks weak and the Bears look to be dominant in here. A break below 1240, if seen would be crucial and take it down to 1220 soon, […]

Big Pharma Vs Hemp Based CBDs and Medical Marijuana

Big Pharma Vs Hemp Based CBDs and Medical Marijuana

Big Pharma Vs Hemp Based CBDs and Medical Marijuana $LLY, $GWPH The legal status of CBD oil, as a nutritional supplement is being threatened by Big Pharma seeking FDA approval for CBD-containing drugs The cannabinoids in cannabis, cannabidiol (CBD) and tetrahydrocannabinol (THC), interact with the human body by way of naturally-occurring cannabinoid receptors embedded 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: Gold and Silver have been falling and could trade low for some more time. PE Gold at 1248.60 continues to move South. But as long as support near 1240 holds, some chances of a bounce back is likely. Or, 1200 could be the next target […]

Most People Detained in Saudi Anti-corruption Sweep Settled

Most People Detained in Saudi Anti-corruption Sweep Settled

Most People Detained in Saudi Anti-corruption Sweep Settled Saudi says most people detained in anti-corruption sweep have settled People who refuse to settle are referred to the public prosecutor for additional investigation Saudi Arabia’s public prosecutor said most of the people detained in a sweeping anti-corruption campaign launched last month have agreed to settlements 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: Commodities look mixed in here, Gold and Silver have been falling and could trade low for some more time, Crude Oil prices look positive.PE Gold at 1251.20 broken below 1st supports and could be headed towards 1200 in the next few sessions. 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: A fall in crude prices came overnight. News suggests that the fall came after a report by the American Petroleum Institute (API) that showed a 9.2-M bbl rise in gasoline stocks on the week and an increase of 4.3-M bbl in inventories […]

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 1266.39 fell to test major support at 1260. A maximum downside of 1250 can be expected in the coming sessions followed by a sideways consolidation in the 1250-1285, if not, the see a sharp rise towards 1300. 1260-1250 is […]

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 1275.80 stable above support at 1260. The price could bounce back to 1285-1290 region in the next few sessions. WTI Crude Oil at 57.56, and Brent Crude Oil at 62.55 are trading lower Tuesday, but both have 1st 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 Gold at 1274.34 came down Friday but may not move below 1260 in here. While support at 1260 holds, I am holding my view of a bounce back towards 1300 in here. Silver at 16.37 resolved on the Southside last week […]

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 1284.80 is in a short term up channel and is likely to trade in the 1280-1300 area. A bounce from 1280 looks likely now. Brent Crude at 63.37 is trading sideways, but while above 62, it could test 65 […]

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 1295.60 has room on the Northside and could rise to 1320 near term. Silver at 16.86 has broken below 1st support and could move down to 16.75-16.60 near term. Brent Crude at 63.24 is trading lower Wednesday and 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 1294.15 is rising to 1300 and there is enough room for the coming sessions to 1320 and higher. Also note that the price could possibly see another down leg from 1300 before making a final rise towards 1315-1320 and […]

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 1289.55, and Silver at 17.04 are stable. Silver may trade in the 16.90-17.25 region in the coming sessions, Gold could attempt a test of 1295-1297. Brent Crude at 63.75 looks stable for 2-3 sessions before trying to move up […]

US Stock Indexes Post Record Highs, Tech and Energy Outperform

US Stock Indexes Post Record Highs, Tech and Energy Outperform

US Stock Indexes Post Record Highs, Tech and Energy Outperform $DIA, $SPY, $QQQ, $VXX On this sleepy Friday The Trump Rally extended, as stocks set more records in post-Holiday trading as technology companies outperformed, and Energy companies rose with the price of Crude Oil. The Standard & Poor’s 500 index rose 5.34 points, or 0.2%, 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 1292.28, and Silver at 17.13 look stable now. No major movement expected Friday. Gold could test 1300 and come back to 1285/80, while Silver may remain ranged within 17.30-16.90. Brent Crude at 63.38, and WTI Crude Oil at 58.48 […]

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 1279.25 is stable with no major movement seen. Price is ranged within 1300-1270, and could be trapped in the sideways consolidation for some more time before breaking out and a move North. Brent Crude at 63.07 looks Bullish and […]

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 1279.87) has come off on slight rise in the US Dollar (.DXY)Index. If .DXYcontinues to rise towards 94.50, there could be some more Southside in Gold near term. Brent Crude at 62.33, and WTI Crude Oil at 56.50 […]

Oil May see a Production Cut

Oil May see a Production Cut

Oil May see a Production Cut Suhail bin Mohammed Faraj Faris Al Mazrouei, Minister of Energy and Industry, has underscored the need to extend the crude oil production cut deal to ensure market stability and reasonable prices, noting that reaching an agreement by OPEC and non-OPEC countries toward this end is possible and is likely […]

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: Sentiment higher for Gold and Silver on soft USD. PE Gold at 1291.37 is trading higher but could be ranged within 1270-1300 for a few more days before moving above 1300 to test 1320/25, as 1st resistance is seen near 1300-1305, which is […]

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 1283.34 is trying to move up to 1300. Near term looks Bullish to me. Brent Crude at 61.16 is trading above 1st support at 61.00-60.85. If that holds, price could bounce to 62-63 near term, or a clear break […]

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 1260-1280 is strong support near term for Gold, and while that holds, some movement within 1300-1260 is possible before the upward rally resumes in Gold, now at 1278.20 price looks stable and quiet for the last few sessions and may remain […]

Inflation is Back, Meaning Growth is Back

Inflation is Back, Meaning Growth is Back

Inflation is Back, Meaning Growth is Back $DIA, $SPY, $QQQ, $VXX Underlying US consumer prices increased in October on the back of a pickup in rents and healthcare costs, bolstering the view that a recent dis-inflationary trend worrying the Fed probably had ended. The rise in the consumer price index, excluding the volatile food and […]

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 1282.10, -0.06% could start up to 1300 next week and move up more by end of this month. Enough room is visible on the Northside, while support at 1260 holds. Silver at 17.05, -0.16% could test 17.25 before coming […]

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 1275.74 to trade quietly in the 1290-1260 now before moving up sharply above 1300. While long term looks Bullish to me, the price lacks momentum in here, and needs some trigger from movement in the .DXY to motivate. Brent […]

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 Support at 1270-1260 is holding for Gold at 1276.60, while that holds, an eventual rise to 1300 is possible near to mid term. Sideways trade within 1300-1260 region is seen ahead. Brent Crude at 63.56 seeing 1st resistance 65, which is […]

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 1285.34 trying to rise to 1300. But, a rejection from 1290 is possible now, which could push the price to 1280-1270. A rise towards 1300 is possible next week. Brent Crude at 63.78 may trade in the 65-63 range […]

Gold and Crude Oil Outlook

Gold and Crude Oil Outlook

Gold and Crude Oil Outlook $GLD, $USO, $OIL Gold remains weak. The technical’s confirms a longer consolidation phase. 1sy upport lies at 1251 (08/08/2017 high). Key resistance now located at 1288. Long-term, the technical’s suggests that there is some growing upside momentum. A clear break of 1392  is necessary ton confirm, a major support can be […]

Gold and Crude Oil Outlook

Gold and Crude Oil Outlook

Gold and Crude Oil Outlook $GLD, $USO, $OIL Gold has posted good gains in Tuesday’s session. In North American trade, Gold’s spot price is 1275.19, down 0.53% on the day. On the release front JOLT Job Openings edged up to 6.09%, easily beating the estimate of 5.98-M. Later today, Fed Chairwoman Janet Yellen will speak […]

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 1279.64 bounced up from 1st support at 1265 as expected. Range-trade within 1260-1290 is seen for the week with a possible extension to 1295-1300. Note: 1260 is major support as seen on the daily candle, and is […]

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 1269.00 trading above support near 1260, while that holds, see some consolidation in the 1260-1290 region. Till there is some directional clarity on the US Dollar (.DXY) Index, Gold is likely to remain ranged medium term. A […]

The Trump Rally is Almost 1 Year Old

The Trump Rally is Almost 1 Year Old

The Trump Rally is Almost 1 Year Old $DIA, $SPY, $QQQ, $VXX, $AAPL Friday, the US major stock market indexes finished the longest string of weekly gainers since Y 2013 as Apple Inc. (NASDAQ:AAPL) results and strong services sector data added to the continuing and growing optimism in the economy. US Dollar (.DXY) index rose, […]

Geopolitics Changed, American Energy Sector in a ‘Revolution’

Geopolitics Changed, American Energy Sector in a ‘Revolution’

Geopolitics Changed, American Energy Sector in a ‘Revolution’ $USO, $OIL, $UGAZ, $UGA US Energy Secretary Rick Perry said that “American energy is in a Revolution.” “That is the real story out there,” Secretary Perry, the former 14-yr Texas Republican Governor, said in an interview Friday. He noted that innovations in hydraulic fracturing and directional drilling […]

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 1276.80 stable at current marks, and while above 1265-1270, my view remains Bullish. Note on Crude Oil: The resistance seen on the 3-day line is holding for now and could push Brent Crude at 60.78 to 58-55 […]

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 1279.52 started to rise from 1263 and could test 1285-1290 in the next 2-sessions. A rise towards 1300 looks likely,  could be boosted by a weaker or a stable US Dollar (.DXY) Index near term. Silver at […]

Saudi Arabia’s New Mega City NEOM is Crown Prince’s Desert Dream

Saudi Arabia’s New Mega City NEOM is Crown Prince’s Desert Dream

Saudi Arabia’s New Mega City NEOM is Crown Prince’s Desert Dream Future reforms are expected to cut subsidies, raise taxes, overhaul the education system Saudi Arabia’s planned $500-B mega-city is an oasis of stunning cliffs, sandy beaches and high-tech projects powered by wind and solar energy where robots outnumber humans and a cosmopolitan lifestyle offers […]

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 1269.68 stable trading above 1260. A break below 1260 could open up to the Southside to 1240 in November or a bounce from 1260 is the preferred happening now. Silver at 16.73 may test to 16.50 before […]

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 1275.74 1st support zone is 1260-1240, which is likely to hold near term. Some stable movement with a possible downside extension is possible in early November, then a bounce to 1300 levels. A clear break below 1240 […]

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: USD spikes on ECB dovishness. PE Gold at 1267.40 is trading below 1275 and could test to 1260/50 in here. While The US Dollar (.DXY) Index at 94.77 moves above 95, there is scope for weakness in Gold in the near 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 1279.39 trading narrow the last 2 sessions. While it trades above 1275, there is room for the price to rise to 1290/95, or a fall below 1275 could bring weakness to Gold. For now the support on 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 Gold at 1274.06 broke below 1st support on the daily candles, could test to 1260-1250, while trading below 1280. Then a bounce back to 1300 is seen. Silver at 16.88 could test to 16.60 before rising back to 17+. Brent […]

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 1282.52 is trading near 1st support on the daily candles, while that holds, the price could bounce to 1300-1310 near term. On a clear break below 1275, could take it South to 1260. Silver at 17.11 has room […]

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 1275.88 trading lower Monday breaking below 1275. And may test to 1265-1260 in here before again bouncing to 1280/90. Silver at 16.97 could see support near 16.85/80, and could bounce back near term to 17.10/20. Brent Crude at […]

What is the Link Between RMB Yuan and Gold?

What is the Link Between RMB Yuan and Gold?

What is the Link Between RMB Yuan and Gold? $USDCNY, $GLD, $OIL People are asking, Paul, what is the link between the RMB Yuan and the precious Yellow metal? The Big A, as follows: Chart 1: The USD/CNY exchange rate (red line, right axis) and the price of Gold (yellow line, left axis, London P.M. […]

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 1287.20 is likely to remain above 1280 for a few sessions, the broad range of 1310-1280 is see medium term. A bounce up from 1280 to 1300 is seen near term. Note: While .DXY at 93.48 remains 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 1293.38, has come off as expected. While resistance at 1308 holds, the price could test 1280 before again medium term. Silver at 17.20 is likely to test 17 before bouncing back towards 17.35/40 medium term. Seeing some sideways […]

Putin Cuts Ties with NKorea in Line with UN Policy

Putin Cuts Ties with NKorea in Line with UN Policy

Putin Cuts Ties with NKorea in Line with UN Policy President Vladimir Putin says Russia is curtailing economic, scientific and other ties with NKorea in line with restrictions imposed by the United Nations. President Putin’s decree, published Monday on the state legal portal, orders the halting of an array of economic, scientific and technical ties […]

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 1302.04 may face some rejection just above current marks and come off towards 1290/80 again near term. Or, a clear break above 1308 could drive it Norht to test 1320 before coming off to 1300 or lower. Silver […]

Saudi Aramco May Scrap IPO, Going with Private Investors

Saudi Aramco May Scrap IPO, Going with Private Investors

 Saudi Aramco May Scrap IPO, Going with Private Investors $OIL Saudi Aramco is considering the sale of a stake to a Chinese investor as plans for its highly-anticipated international public offering are pushed beyond its Y 2018 target, sources familiar with the matter said Friday. The IPO (initial public offering) is expected to be the […]

Gold and the Fall of the US Dollar

Gold and the Fall of the US Dollar

Gold and the Fall of the US Dollar $OIL, $GLD, $SLV, $USD, $CNY China, Russia, and Saudi Arabia are aligning in response to trade sanctions and political discord from the West. Together, they may bring an end to the global supremacy of America and the USD, according to analyst Peter Reagan. China, Russia, and Saudi […]

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 1295.94 may test Key resistance near 1300, which if holds could bring back the prices towards 1280, or a rise to 1310 near term. Silver at 17.26 may be headed to 17.50 soon. Brent Crude at 56.49, and […]

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 1293.6, and Silver at 17.17 are stable. Gold could test at 1300 in the next few sessions, while Silver could see a dip to 17.00-16.80 or remain stable near current marks now. Brent Crude at 56.61, and WTI […]

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 1287.70 has dipped slightly. A test of 1280 is possible in the coming sessions before again rising back towards 1290-1295. Gold is likely to remain trapped in the 1280-1300 region for at least the next 4-5 sessions. Silver […]

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 1286.62 bounced from 1260, and while that holds, could see a rise to 1293-1295  over Tuesday and Wednesday. Near term looks Bullish to me. Silver at 17.028 broke above 16.75 and if the price remains above 17 now, […]

Outlook for Gold and WTI Crude Oil 

Outlook for Gold and WTI Crude Oil 

Outlook for Gold and WTI Crude Oil $GLD, $USO GOLD: Friday he precious Yellow metal closed lower after rejecting lower level prices the past week. On the Southside, support comes in at the 1,270.00, where a break will turn attention to 1,260.00. Further down, a cut through here will open the way for a move lower […]

US Stocks Finished Flat to Unchanged on a Positive Week

US Stocks Finished Flat to Unchanged on a Positive Week

US Stocks Finished Flat to Unchanged on a Positive Week $DIA, $SPY, $QQQ, $VXX The S&P 500 eased a bit Friday, ending a 6-day run of record highs as the 1st monthly decliner in US NFPs in 7 years dampened sentiment and pharmacy shares fell on Amazon (NASDAQ:AMZN) competition concerns. The benchmark’s slight decline follow […]

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 1268.45 is ranged within the 1285-1260, could trade sideways for more sessions. Silver at 16.61 is trading sideways, but could come off towards 16.50-16.25 near term. Gold-Silver Ratio at 76.298 could test support at 75.80, while that holds, […]

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 1274.28 looks to be ranges within 1260-1280 yet this week and some consolidation is possible next week too. Thereafter the price may start to rise above 1280 while the support at 1260 holds. Silver at 16.59 attempted 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: Nothing New. PE Gold at 1275.43 inched up from marks near 1268. A clear break above 1280 is needed to take it back towards 1290 or higher near term. Till then, a fall below 1268 remains. Note: 1265 is good support near […]

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 commodities look Bearish for now. PE Gold at 1270.22 is coming off as expected, and 1260 is the 1st support from where a bounce could happen. In the longer run could see a test of 1250. Near to medium term looks Bearish […]

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 1284.20 is stable above support at 1280, while that holds, may see some sideways consolidation and an attempt to move back towards 1300. But, a clear break below 1280 would be an important indication of Bearishness ahead. […]

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: Again Thursday, precious metals may show weakness near term on .DXY strength, Crude Oil prices are mixed, and Copper looks weak too. PE Gold at 1282.95 is trading just above Key support levels of 1280/90. On a break below 1280, the index 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: Precious metals may show weakness near term on .DXY strength, Crude Oil prices are mixed, and Copper looks weak too. PE Brent Crude at 58.63 has room on the Northside and looks Bullish, could possibly move to 60-62. WTI Crude Oil at 52.12 is […]

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 market expects extension of output cuts by Crude Oil producers which could fuel an improvement in demand near term. Some expectations of continuation of the Bear market seem to be negated just now while there could be more room on 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 Gold at 1292.36 could trade ranged within 1290-1300 for a bit here. Thereafter, equal chances of either moving North towards 1310-1315 or moving South to 1280 is possible. Silver at 16.89 could test support near 16.75, and if it holds […]

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 1296.48 is stable below 1300, 1st support seen near 1280, if it holds could take the price to higher marks at 1315-1320, if we see a sharp dip to 1280 now it is possible to extend further South. […]

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 precious metals are trading low after the FOMC policy meet Wednesday as SD rose to 93.50 from marks near 91.70. Copper could turn Bearish, Crude Oil may move up now, but could face some rejection at the major resistances. PE Gold at 1299.30 […]

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: Commodities are all mixed; precious metals reversed to Bullish over the next couple of sessions, while Crude Oil prices remain stable, Copper looks Bullish for the coming sessions. PE Brent Crude at 55.39, and WTI Crude Oil at 50.23 are stable and may come […]

Real Good Foods to Help Lower Blood Pressure

Real Good Foods to Help Lower Blood Pressure

Real Good Foods to Help Lower Blood Pressure Arugula, or rocket, is a very healthy leafy green that helps decrease blood pressure due to the minerals potassium, calcium and magnesium, which help relax your blood vessels and, in turn, help reduce blood pressure Flaxseeds, beets, celery, olive oil and cooked tomatoes also help reduce blood […]

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: Commodities are all mixed; precious metals look Bearish over the next couple of sessions, while Crude Oil prices may remain stable, Copper looks Bullish for the coming sessions. PE Brent Crude at 55.39 has immediate resistance near 56-57 region and could come off […]

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 Brent Crude at 55.72 has been rising in line with expectations and could rise to 56.65 in here. WTI Crude Oil at 49.91 is stable, and could trade sideways for a couple of sessions before moving up to 51. Near term […]

President Trump, World Leaders to Meet at UN on NKorea

President Trump, World Leaders to Meet at UN on NKorea

President Trump, World Leaders to Meet at UN on NKorea US President Donald Trump will meet with the leaders of Japan and SKorea next week at the United Nations to discuss how to confront NKorea’s provocations, after the Pyongyang regime launched a 2nd ballistic missile over Japan in less than a month. The Trump Administration […]

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 Brent Crude at 55.24 saw a high near 55.99 Thursday and may try for higher marks if it manages to remain above near term support at 54.65. WTI Crude Oil at 49.68 may also try to move up to 52 […]

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: Precious metals are in a corrective mode after the recent rally in the last few weeks. Only Crude Oil prices look Bullish near term as they are on the verge of breaking 1st resistances to move higher. PE Gold at 1321.38 may have made […]

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 1336 moved higher and trading within the range of 1327-1363. Will stay on the buy side while it is trades above 1325-27. A close below 1325 could open up 1303 next. Silver at 17.93 is almost unchanged and trading […]

Oil Price Outlook

Oil Price Outlook

World oil demand growth in 2017 is expected to rise by 1.42 mb/d after an upward revision of around 50 tb/d,according to OPEC Monthly Oil Market Report, MOMR. Crude inventories rose by 6.2 million barrels in the week to Sept. 8 to 468.8 million, nearly double analysts’ expectations of an increase of 3.2 million barrels. […]

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 1329 moved lower in line with my short term Bearish view due to overbought condition and renewed strength in .DXY. The trading range for Gold is now 1327-1363, and a close below 1327 could open up 1303. Silver 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: Nothing new. PE Gold at 1341 moved lower to cover its overbought condition, the immediate trading range of 1326-1361 is still intact. Silver at 17.95 also moved lower within its range of 17.40-18.05. Note: Gold and Silver medium term are out of their short […]

Saudi’s Accelerate Economic Reforms, Aramco IPO on Track

Saudi’s Accelerate Economic Reforms, Aramco IPO on Track

Saudi’s Accelerate Economic Reforms, Aramco IPO on Track Saudi Arabia’s government says that it is accelerating its economic reforms, while revising some of them to give ministries more flexibility in meeting their targets. The Vision 2030 reform program, launched by Crown Prince Mohammed bin Salman last year, aims to free the economy from dependence 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: USD weaker, Gold stronger. PE Gold at 1356 moved North and met my target of 1350 as USD (.DXY) in trading below 91.50. The range for Gold is now within 1335-1371 with an interim support at 1345. Gold is overbought (can stay that way […]

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: USD weak, Gold strong. PE Gold at 1338 is hanging around near term support at 1335 with no directional bias. As it is gets overbought, a fall to 1303 may be seen a clear break of 1335. Silver at 17.98 trades within the range […]

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: USD weaker, Gold stronger. PE Gold at 1344 moved higher as The US Dollar (.DXY) Index failed to hold 92.50  and came down 92.29. The trading range for Gold is 1280-1350 with interim support at 1335. Gold is overbought near term so, I […]

China Begins Resetting The World’s Reserve Currency System

China Begins Resetting The World’s Reserve Currency System

China Begins Resetting The World’s Reserve Currency System $GLD, $OIL, $CNY It is a strategic move swapping Crude Oil for Gold, rather than for US Treasuries, which can be printed at will. A report released by the Nikkei Asian Review indicates that China is prepared to release a RMB Yuan denominated Crude Oil futures contract […]

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 1341 is headed to 1350 with the support at 1335 intact. The is concern about the sustainability beyond 1350-55, due to short term overbought condition. Silver at 17.96 is highly overbought in here, and price correction to 17.50 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 1324 moved higher as .DXY failed to hold its ground above 93. The trading range for Gold is 1280-1350 with an interim resistance at 1335. Gold is not overbought in here thus a quick rally could be seen 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: Nothing new. PE Gold at 1307 responded to its highly overbought condition and moved lower in line with my expectation, but there is no change in the trading range within 1280-1350, with a pivot at 1300. I am Bullish Gold while it is 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 1318 is trading above 1300 due to weakness in .DXY at 92.24, the trading range for Gold is within 1280-1350 with a pivot at 1300. Gold is highly overbought near term, so I am not confident about the sustainability […]

Record Fuel Inventories to Buffer Supply Shortfalls Caused by Harvey

Record Fuel Inventories to Buffer Supply Shortfalls Caused by Harvey

Record Fuel Inventories to Buffer Supply Shortfalls Caused by Harvey $USO, $UNG, $UGA Record Crude Oil and refined products stocks will cushion potential shortages caused by Hurricane Harvey, the International Energy Agency (IEA) said Tuesday, adding that it could release emergency oil stocks in the event of extended outages. Some Crude Oil production and about […]

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 1323 is now stable just above its Psych  support at 1300 . The next resistance at 1350. My concern is the near term overbought condition in Gold, so a short term correction is needed to 1300ish before the next […]

Italian Real Foods Help Combat Cancer and Heart Disease

Italian Real Foods Help Combat Cancer and Heart Disease

Italian Real Foods Help Combat Cancer and Heart Disease Italian Real food staples combat cancer and heart disease. The study published in the Journal of Cellular Physiology is the latest to endorse the health benefits of Italian Real food staples in combating cancer and heart disease. The new research found that tomato extracts from 2 […]

US Market’s Finished Flat to Unchanged, Harvey the Focus

US Market’s Finished Flat to Unchanged, Harvey the Focus

US Market’s Finished Flat to Unchanged, Harvey the Focus $DIA, $SPY, $QQQ, $VXX The S&P 500 and DJIA finished flat to unchanged Monday, with energy and bank shares lower as Tropical Storm Harvey crippled the US energy hub in Texas. Harvey, the most powerful hurricane to strike the US state in more than 50 years […]

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 1294.38 is stable just below Key psych resistance at 1300 and has been ranged within 1280-1295 region several sessions.  Could this mean that the stability in the price is an indication of a base building before a sharp […]

US Market and Asian Markets Quiet Ahead of Jackson Hole

US Market and Asian Markets Quiet Ahead of Jackson Hole

US Market and Asian Markets Quiet Ahead of Jackson Hole $DIA, $USO, $UGA, $GLD Investors continued to remain on the sidelines in anticipation of the Jackson Hole Symposium Friday. All of the US major indices all posted moderate losses again in light trading, with a counter trend for small caps, as the Russell gained 4 […]

US Will Not Eliminate Any National Monuments

US Will Not Eliminate Any National Monuments

US Will Not Eliminate Any National Monuments US Interior Secretary Ryan Zinke said he’s recommending that none of 27 national monuments carved from wilderness and ocean and under review by The Trump Administration be eliminated. Secretary Zinke did say that unspecified boundary adjustments for some monuments designated over the past 40 years will be included […]

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 1289 did not move higher than its psych resistance at 1300, could remain in a sideways channel of 1275-1298 Thursday and Friday. Silver at 16.93 is ranged within 16.50-17.05, a daily close above 17.05 could open up 17.50. Copper […]

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