Crude Oil Prices Eye Monthly-High as US Delays China Tariffs
The price of oil extends the rebound from the monthly-low ($50.52) as the US delays the next tranche of China tariffs to December 15.
Crude Oil Price Drop May Resume as Risk Appetite Evaporates
Crude oil prices may succumb to selling pressure once again after a brief respite as trade war worries push markets to reduce exposure ahead of the weekend.
Crude Oil Prices Weaken on Barry Downgrade, Eye EIA Drilling Data
Crude oil prices weakened as tropical storm Barry weakened. They may fall further if EIA data tracking US drilling productivity stokes oversupply fears.
Gold Price Chart Hints at Topping Before Key Fed Policy Meeting
Gold price chart positioning hints that a top may be in the works ahead of the upcoming FOMC meeting after last weeks capitulation at 14-month highs.
Gold Prices Miss Out as Shaky Markets Find Haven in the US Dollar
Gold prices were unable to capitalize as jittery financial markets rediscovered the haven appeal of the US Dollar. More of the same looks likely ahead.
Crude Oil Prices May Break 2019 Uptrend on Global Slowdown Fears
Crude oil prices may break chart support guiding the uptrend since the beginning of the year as fears about slowing global economic growth sour market sentiment.
Crude Oil Price Chart Flashing Early Bearish Reversal Warning
Crude oil prices may turn lower if early technical clues pointing to ebbing upside momentum find a complimentary catalyst in incoming earnings reports.
Gold Price Chart Points to Losses After Major Top is Formed
Gold prices appear vulnerable to deeper losses as technical positioning reveals the completion of major topping pattern.
Oil RSI Flirts with Overbought Territory as OPEC+ Plans to Meet in May
Recent price action raises the risk for a further advance in crude oil as the Relative Strength Index (RSI) continues to flirt with overbought territory.
Gold Prices May Keep Falling as ISM Data Boosts the US Dollar
Gold prices may fall for a fifth day as service-sector ISM survey data boosts the US Dollar, undermining the appeal of anti-fiat alternatives.
Crude Oil Prices May Rise in Risk-On Trade, Gold Eyeing US CPI
Crude oil prices may look through incoming IEA and DOE statistical releases to focus on sentiment trends. Gold prices are eyeing Januarys US CPI report.
