WTI Crude Drops, Brent Grade Rallies

West Texas Intermediate crude oil dropped today after bearish private supply data. The American Petroleum Institute reported that US inventories …

Copper Demonstrates Erratic Performance

Copper demonstrated an erratic behavior at the start of the week. The metal made an upside breakout, allowing traders who followed our recommendations to book profit. Yet prices …

Gold Starts Week on Strong Footing at Expense of Dollar

Futures for gold rallied today with the help of the dollar’s weakness, though they retreated as of now. The dollar started the week poorly as the Friday’s nonfarm payrolls hurt …

Wheat Fails to Rally, Other Grains Join Decline

Futures for wheat attempted to rally for the third straight session on Monday. While they had a success in that endeavor initially, prices slipped below the opening level …

Oil Leaps as Optimism About Iran Wanes

Prices for crude oil jumped today as optimism about the Iranian nuclear deal waned. It looks like there are still plenty of obstacles …

Bearish Sign for Copper: Prices Enter Descending Channel

The present chart shows prices for copper in the 4-hour timeframe. It is clear that the commodity has entered a descending channel — a very bearish sign. The current …

Technical Analysis, April 6th — April 10th

The technical analysis, that includes the indicators’ data and major pivot points for Brent Oil, Gold, Silver and Copper as traded on spot market as of April 4th, 2015:…

Gold & Crude Oil End Friday’s Session with Losses

Gold ended Friday’s session with losses even though the dollar demonstrated weakness following worse-than expected nonfarm payrolls. While previously the precious …

Commodities Fall, Natural Gas Escapes Losses

Commodities, including gold and crude oil, lost their Wednesday’s gains at the start of Thursday’s trading and were in decline throughout the most part of the trading session. Prices …

Commodities Lose Wednesday’s Gains on Thursday

Commodities, including gold and crude oil, fell on Thursday following Wednesday’s gains. The reason for the rally was soft economic data from the United States that …


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