Weather Models First Give, Then Take Gas Demand
Article By:
Jacob Meisel
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Wednesday, January 16, 2019 9:30 PM EST
It was another volatile day in the natural gas market as bullish overnight weather model guidance combined with strong Henry Hub cash prices to shoot the February gas contract up over 5% this morning.
In this article: UNG
After Nice Rally Since Early Oct, GLD Approaches Decent Resistance
Article By:
Paban Pandey
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Wednesday, January 16, 2019 8:23 AM EST
Gold has had a nice rally since early October, and is extended on both daily and weekly charts. It is also at dual resistance. Near-term, recent longs can get tempted to lock in profit.
Gold Price – US$700 Or US$7000?
Article By:
Kelsey Williams
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Wednesday, January 16, 2019 4:38 AM EST
If we expect gold to reach $7000.00 per ounce, and we are correct, does that mean that we can’t reasonably expect gold to go as low as $700.00 per ounce?
In this article: GLD
Gold Prices Might Make Good On Signs Of Topping On Fed Beige Book
Article By:
DailyFX
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Wednesday, January 16, 2019 4:11 AM EST
Gold prices oscillated in familiar territory yesterday, echoing seesaw swings in the US Dollar and Treasury bond yields. Crude oil prices traded higher, tracking the bellwether S&P 500 index amid a broad-based improvement in risk appetite.
E The Current Oil Price Weakness Is Not Hurting Canada’s Economy As Much As The 2014 Price Slump
Article By:
Arthur Donner
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Wednesday, January 16, 2019 3:30 AM EST
Oil and gas production accounts for about 3.5% of Canada’s GDP today compared to 6% in 2014.
WTI Dips After Smaller Than Expected Crude Draw
Article By:
Tyler Durden
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Wednesday, January 16, 2019 12:09 AM EST
After massive product builds in the last two weeks, API shocked with yet another huge build in Gasoline and Distillates but a rather disappointing (for oil bulls) smaller than expected draw in crude.
Slightly Milder Forecasts Give Gas A Breather
Article By:
Jacob Meisel
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Tuesday, January 15, 2019 9:29 PM EST
After spiking yesterday, the February natural gas contract pulled back a few percents today as forecasts struggled to continue cooling.
In this article: UNG
US Government Shuts Down. Will Gold Go Up?
Article By:
Arkadiusz Sieroń
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Tuesday, January 15, 2019 9:14 AM EST
Federal government shutdown drags into its fourth week. Will it boost gold prices?
In this article: GLD
Gold & Silver Testing Important Breakout Levels
Article By:
Chris Kimble
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Tuesday, January 15, 2019 8:58 AM EST
Gold and Silver from a long-term perspective have created a series of lower highs over the past 8-years. Will 2019 bring a change to this trend?