Nymex Crude Oil (CL) Outlook in crude oil remains neutral for the moment as it’s still engaging in choppy sideway trading in converging range since 75.0. Question is still on whether price…
Natural Gas Daily Technical Outlook
Nymex Natural Gas (NG) No change in natural gas’s sideway trading from 3.90 continues. Some more consolidation might be seen but further rise is still in favor as long as 3.321 support…
Commodities Change Little Ahead of FOMC Statement
Crude oil hovers around 71 in European morning. Recently, energy prices have been stuck within a range and its ups and downs have been determined by economic indicators and stock markets. Without…
Energies Rallied on USD’s Fall – Pull back in Asia as Inventory Surged
Most commodities rose Tuesday as decline in USD resumed. WTI crude oil jumped +2.6% to 71.65 while Brent crude gained +2.7% to 70.53. Others in the energy complex also advanced with heating…
The Reason Why Gold Hasn’t Skyrocketed
With the printing presses in full printing mode, many people are questioning why gold prices haven’t gone higher – much higher. In my new video, I explain some of the subtle market…
Gold Daily Technical Outlook
Comex Gold (GC) Gold rebounds strongly ahead of 38.2% retracement of 931.3 to 1025.8. Intraday outlook remains neutral for the moment. On the upside, while another rise might be seen, it now…
Silver Daily Technical Outlook
Comex Silver (SI) Silver’s consolidation from 17.69 is still in progress and might extend further. But still, downside is expected to be contained by 16.06 cluster support (38.2% retracement of 13.495 to…
Crude Oil Daily Technical Outlook
Nymex Crude Oil (CL) Crude oil continues to engage in choppy sideway trading below 75.0 and outlook remains neutral for the moment. Question is still on whether price actions from 75.0 are…
Natural Gas Daily Technical Outlook
Nymex Natural Gas (NG) Intraday outlook in Natural gas remains neutral as sideway consolidation from 3.90 is still in progress. Nevertheless, further rise is still in favor as long as 3.321 support…
Platinum’s Strength to be Boosted by Better Auto Sector Outlook
Platinum price rebounds to 1335 in European morning after plunging for 3 consecutive days. Technically, platinum’s outlook has turned more bullish after breaking the resistance of 1300 on September 11. That resistance…