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Crude Oil’s comeback has turned the trend to UP in all time frames but short-term the 61.8% Fib of the April to today wild ride is next on the resistance list. Original Post
The oil market seems to be sensing something as the market is taking off this week even with bearish Energy Information (EIA) inventory data the price is headed to the upside. The oil market prices...
Gold Gold (XAU/USD) has been good to us this week! We sold resistance at 2335/40 and watched Gold tumble as far as support at 2297/94. Longs here also worked perfectly yesterday as we made a low...
Gold Gold (XAU/USD) remains stuck in a sideways consolidation with little movement yesterday. The market moves up one day, and down the next day in a sideways trend for 2 weeks. However, shorts at...
Petroleum markets, which saw a surge of buying on geopolitical risk factors, are coming down a bit ahead of tonight’s American Petroleum Institute (API) report. Shipping container costs are going...
Oil prices fluctuate, reaching new heights and decreasing to new lows. On June 6th, oil prices rose by 2% after the European Central Bank decided to lower interest rates, sparking hopes that the...
Gold Gold (XAU/USD) remains stuck in a sideways consolidation with little movement yesterday. We should have resistance at 2335/40 today if you want to try a short-term scalp with stop above 2340. A...
The sell-off in Nvidia (NASDAQ:NVDA) deepened yesterday and sent the shares into the correction territory following a 10% sell-off. Nvidia shares erased around $430 bn in market cap over the past...
The rag-tag group of Iranian-backed Houthi rebels are a force to be reckoned with and are growing in power as the Biden administration seems unable to stop them from attacking ships. The Houthis,...
The week kicks off on a weak note following a moody trading session across Europe and the US on Friday. One of the most significant moves of last two trading days of the US was a 10% selloff in...
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