Gold Continues to Rebound Above $1400 - April 22, 2013 21:25

It was no surprise to me watching it last night, but Gold began moving higher with the re-opening of the markets and did not let up until the COMEX pre-market opened at 7:30 this morning, having added nearly $30 to the price and challenging the 200 day moving average.  Gold promptly ran into some selling […]

Gold Bumps up to $1616 on Cyprus and Momentum - March 22, 2013 0:50

There is a triple top forming on the hourly gold chart right now, similar to the one that formed at $1587 last week.  That one fell and so will this one.  The market looks poised to take a shot at the $1620 mark tomorrow.  A close above that would be a major bullish signal in […]

Oil Prices Rise After A Slowdown in Output Is Shown - August 11, 2011 13:51

The price of Crude Oil futures rose by a whopping 4.5% on Wednesday after the reported inventory data showed that output fell by 5.2 million barrels during the previous week. This ended a short two days of losses on oil prices. September Crude Oil futures ended the day at $82.89 at Nymex, whilst Brent Crude […]