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WTI crude settles nearly $2 lower on speculation the Russian crude will soon flow again

The indications from the White House today suggest the Ukraine war is on the road to peace. I don't find that to be a big surprise as Zelensky has talked…

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12 February 2025
Blog

AUDUSD has seen up and down trading today. The price is testing swing area resistance.

The swing area between 0.6287 and 0.6301 in the AUDUSD is being tested. The AUDUSD began the week with choppy, up-and-down price action, fluctuating around the rising 100-hour moving average at 0.62759. In…

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11 February 2025
Blog

Almost no one on Wall Street saw the gold rally coming (and 5 things to watch now)

Targets are all very low but interest is picking up Here is a telling chart from Scotia highlighting gold year-end targets from Wall Street for 2025-2027. It shows nearly no…

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10 February 2025
Blog

Why Gold is destined for $3000

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8 February 2025
Blog

WTI crude oil falls to the lowest levels since December

Fresh yearly low in oil Oil started US trading higher after Saudi Arabia raised prices on its barrels but talk of peace in Ukraine and Trump touting lower oil prices…

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6 February 2025
Blog

US crude oil futures settled at $71.03

Price is down $1.67 or -2.3% Looking at the hourly chart, the price on MOnday, extended above the 200 hour MA, but could not sustain momentum. Most of yesterday and…

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5 February 2025
Blog

Gold price hits new record high; technical indicators guide traders

Gold price reaches all-time high at $2845.48; hourly trendline crucial for short-term bias. Watch for breaks in moving averages to assess future direction. The price of gold is once again…

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4 February 2025
Blog

Bitcoin recoups $100K as the risk mood continues to improve

The market is increasingly convinced it's all posturing Bitcoin Daily Chart It's been a rough day in the crypto market with alts getting smashed but bitcoin maxis can take some…

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3 February 2025
Blog

Trump: Tariffs on Canada can be removed if ‘enough steps’ taken to reduce health crisis

Comments from Trump after announcing tariffs Executive order on Canada/Mexico/China come into effect on Feb 4 New Canada tariffs don't apply to goods loaded onto vessels or in transit before…

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2 February 2025
Blog

Gold touches a fresh all-time record at $2791. What’s next

Gold breaks the November high Geopolitical uncertainty is fuelling a fresh record high in gold. It's up $34 today to $2791, breaking the November high by $1. At the start…

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30 January 2025
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Recent Posts

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