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Jordan Roy-Byrne, CMT, MFTA, of the Daily Gold shares his thoughts on gold’s recent price activity and where the yellow metal may be headed in 2024 and beyond. He also discusses his outlook for...
Wars, rumors of war, record deficits, raging inflation, and threatening more taxes and regulations on US energy as Iran’s Oil production is allowed to hit a 5-and-a-half-year high and they...
Crude oil stabilized this week around $84 per barrel on the May 2024 contract, from which we are seeing some nice rebounds after recent events between Iran and Israel. There is a risk that this...
Gold :XAU/USD made a low for the day exactly at first support at 2370/65 and longs worked on the bounce to all my targets of 2380, 2390, 2395. First support again at 2370/65 and longs need stops below...
Brent crude oil prices decreased slightly on Wednesday, falling to 89.50 USD per barrel. The decline is primarily attributed to concerns over global oil demand, particularly given the economic...
Heck no it’s not! This move is still in the 1st inning and we have the data and charts to prove it.
By Mike Maharrey, Money Metals ExchangeSilver endured a significant selloff last Friday. Was this another step forward in the bull market?This may seem counterintuitive, but GoldMoney founder James...
By Stefan Gleason, Money Metals ExchangeMiners spend billions of dollars every year pulling precious metals out of the ground. They toil mightily for years on end to produce these stores of value...
Global oil prices went through the ‘buy the rumor sell the fact’ on the Iranian attack on Israel and now are still waiting to see what Israel’s response will be. Reports by the...
Recent developments in the Middle East have sparked fears of a full-scale conflict. The unfolding events hold significant implications for commodity markets, particularly crude oil. Looking ahead,...
Gold spent the better part of the past 12 years trading in a broad sideways pattern.This type of price action tends to drive away speculators (and even some convicted bulls). It also meant gold...
Oil prices pulled back in an uneasy calm after Iran’s attack on Israel after oil traders hedged against the threat of an attack with record buying in crude oil call options. Israel said that 300...
Oil is losing more than 1% on Monday, below $84 a barrel for WTI and below $89 for Brent after Friday's rollercoaster, when prices peaked above $87 and $91.6, respectively. The drivers were...
Gold rebounded after Friday's bearish close but another correction cannot be ruled out. Despite Friday's record high, gold faced selling pressure later, signaling possible short-term losses. Traders...
Gary Tanashian, editor and publisher of Notes From the Rabbit Hole (NFTRH.com) discusses the current macro, the meaning of the breakout in Gold and why Gold and gold miners will really soar after the...