Gold and Oil News
Gold and Oil News - November 3, 2016 14:09
Gold Prices and Where Next At This Resistance?
Gold gained good ground over the last week, after an early October fall through support. However, the fall stalled and found a base around the mid-point of the February to May range. Gold mining stocks had seen a phenomenal run, with some of the big players up over 200% and more from early 2016 lows, […]
Is This The New Trend Line For Gold?
We’ve all been amazed by the trend in Gold prices during 2016 so far, but this last few weeks, since a spike higher after the Brexit decision, Gold has fallen back somewhat. Is the Gold bull over for 2016? Or is this just another dip to buy into? It’s obvious at some point the strong […]
WIll Gold Hold Out Above $1200?
It’s safe to say that May was a hell of a bearish month for gold prices, in fact it’s been the worst month of the year so far for the precious metal. Gold prices fell from a high of $1300 on 2nd May to a low of $1200 on 30th May. This abrupt end to […]
Where’s The Range For Crude Oil Prices Right Now?
Since the all-out fear of late 2015 and early 2016 subsided, Crude Oil prices have gained more than 50% since the mid February low. The question on everyone’’s lips now, is how far can Oil prices go? As the fear began to dissipate Crude rallied, and rallied strong, to a high above $42 in March. […]
Are Gold Prices Set To Head Higher?
2016 has seen a lot of strength return to gold prices. In fact since January gold has increased by around $200 per ounce. What many investors are thinking now is can these prices be sustained for the rest of the year? In recent history quick spikes have usually been followed by sharp falls, however things […]
Have You Been Watching Gold?
Whilst the whole world watches the Oil saga playing out, there’s a little bit of action happening with Gold prices that many are missing out on. Gold has risen from its 5 years low in late 2015 to test the underside of the support low from this time last year. Whilst that is no significant […]
Can The EIA Forecast Save Natural Gas Prices?
Natural gas prices have taken a tumble once again and are now sitting right at the December 2015 lows. After a small relief rally during the Christmas period (due to higher winter demand) prices have once again fallen and many natural gas bears are making the call for a sub two dollar gas price. Although […]
Run For Cover as Oil Weakness Puts Strain On The US Dollar
The strength of the US dollar has weakened since last Friday’s rally. This is partly due to a continuation of weakness in crude oil, which has left investors pouring money into safe haven currencies such as Euro and Yen. Stock markets have also been falling steadily since the turn of the week, as negativity has […]
Oil Prices On The Cusp Of A Major Low
So here we are, on the cusp of oil prices breaking the 2015 lows. Below this and oil is heading down to prices not seen since the mid noughties. But how did it get so low? Will it recover? There are a bundle of reasons why oil prices have been falling steady. Supply and demand, […]
Gold Price – To Buy Or Not To Buy?
As things stand, Gold prices have bounced (since Monday) from the lows of the last two years. The question remains, to buy or not to buy? With the US Dollar on a rampage, it’s easy to find reasons to be uncertain on Gold, however, does this bounce show us where support in the price remains? […]
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