Gold Silver Reports → U.S. Gulf of Mexico (GOM) crude oil production is estimated to increase to record high levels in 2017, even as oil prices remain low.
Analysis
Technical Analysis helps identify trading opportunities using actions of Market Participants through charts, patterns, and indicators – Gold Silver Reports
Crude Oil , Currencies Follow Chart
Gold Silver Reports → While Asia imports the bulk of the crudeoil it uses, cheaper crude does little to boost the region’s currencies. Crude Oil rates partly reflect the report for global~growth, which also impacts prospects for Asia’s exports or demand for emerging-market assets. Which tracks the region’s 10 most~used …
Crude Hit High 2110 1st Target Fully Done!!
CRUDE MCX 2038 TO 2110 Hit My 1st Target 2110 Wait For NEXT Target 2180 — 2235, Trade With Neal Bhai pic.twitter.com/W0e1zkex46 — Gold Silver Reports (@goldsilverrepor) February 17, 2016 https://goldsilverreports.com/crude-oil/crude-mcx-2038-what-you-think-at-this-level.html#more-34831
Goldman Sees Bullion Prices Dropping to $1,000 in 12-Months
Gold Silver Reports → Investors have been pouring into the precious metal in search of a haven as global equity markets tumbled and expectations for increases in U.S. interest rates were reined in.
Jeera Ready for Fresh Buying, Open interest 10.90%
Gold Silver Reports → Jeera settled up by 3.69% at 15020 on rising demand from stockists and traders at the spot market. Though, Good weather conditions for cumin crop in Gujarat and limited export demand, capped some gains. Jeera supply reported lower in the Unjha spot market as new arrivals started lower quantity. Sources revealed that, Jeera sowing is delayed by 20 – 25 days in Gujarat as a result new Jeera crop arrivals will delay compared to normal arrivals time.
Biggest Asia’s Aerospace Exhibition Start
Gold Silver Reports → Asia’s biggest aerospace exhibition, the Singapore Airshow, opened at the Changi Exhibition Center on Tuesday for a six-day run through Sunday.
Gold MCX Trading Range 28800-29700
Gold Silver Reports → Gold settled down -1.36% at 29386 on profit booking after European banking stocks recovered, inspiring a rally among global equities.
Copper and Nickel surged, China Markets Reopened after Long Holiday
Gold Silver Reports → London copper and nickel surged on Monday, after China markets reopened following a week-long holiday and investors stocked up on the most heavily sold down metals.
GOLD: Time for Pullback/Consolidation?
Gold Silver Report → Since the December lows, $GOLD has moved up +20%, and the advance this month has been nearly vertical (as in parabolic). At this point there are some signs that price needs to consolidate or pull back.
Crude Oil Recovering Prices, Bulls Eye Output Cuts
Gold Silver Reports → Even as West Texas Intermediate futures once again approach $25 a barrel with the U.S. benchmark at its cheapest in more than 12 years, some investors have started betting on a rebound in hopes of crude oil production beginning to slow.