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The US government will spend nearly $4 Trillion this fiscal year – starting last October 1. Of course it projects a massive deficit, increasing national debt, uses “funny”...
The US government will spend nearly $4 Trillion this fiscal year – starting last October 1. Of course it projects a massive deficit, increasing national debt, uses “funny”...
WTI crude is slightly lower on Tuesday, as crude futures trade at $36.36 per barrel in the North American session. In economic news, there is just one minor release on the schedule, Total Vehicle...
Gold has posted gains on Tuesday, as the base metal trades at $1078.60 per ounce in the North American session. On the release front, there is just one minor release on the schedule, Total Vehicle...
In the overnight electronic session the March corn is currently trading at 353 ½, which is 2 cents higher. The trading range has been 355 to 352 ½. It is a definite move in the right...
Regrets; they have a few, but then again...Iran offered regrets for attacking the Saudi Embassy. On one hand, the Iranians seem to be acting a little conciliatory, offering regrets after the United...
We’ve seen this over and over, markets usually start to turn downward before bad market news hits the hardest.In November, when China’s stock market rallied, we warned that the rally...
SILVER INTRADAY CHART 5th January: The broad template appears correct but very complicated. The Wave -x- was a little higher at 14.41 from where a 5wave decline has been seen to 13.76. This suggests...
Gold has opened the year on the front foot as concern about the Chinese economy rear sits ugly head once again. Gold is looking to test the upper level of the range but so far has remained...
Gold: ADX signal becomes weaker, but we can see a bullish attempt on the indicator, while RSI14 is moving above 50.00 levels, which is a good signal for bulls. Yesterday’s incline argues us to...
Oil trades within a sideways range after clearing the bearish channel, while moving below moving averages offers bearish setup and RSI trading below 50.00 levels, which is negative factor. ADX...
WTI Crude first resistance at 3715/20 but above here stronger resistance at 3765/70 should act as the main challenge for bulls today. Shorts need stops above 3800. A break higher targets minor...
Gold first support at 1074/75 but below here meets better support at 1068/69. This could hold the downside but longs need stops below 1065. A break lower targets 1061 to try longs with stops below...
For most of December, gold has acted as if it is forming a base from which to rally but gold had a rough week last week losing $16.90/oz. and closed at 1,060.30. In addition, gold printed an engulfing...
Gold Weekly forecastMain scenario:The pair is trading along a sideways trend between support 1060 and resistance level 1076.A downtrend will start as soon as the pair drops below support level 1060...