Now that OPEC+ is playing nice again, it's safe to say crude is stable. Now it's trading above the $50 handle. The higher crude prices go, the more bullish case could be made for Natural Gas. Even though the weather is expected to be warm throughout ...

Nat Gas anyone?

We should continue to see institutional flow into gold. Despite any correction, longer term fundamentals still support holding gold. Today is the biggest daily drop in gold since Nov 9th (so far) even with NFP disappointing. I see this as a shorter ...

XAU/USD & XAG/USD - Gold & Silver Traders Thread

My goodness. Seems my posts are a good contrarian indicator today.

WTI Crude Oil Trading

Quite the reversal. It started before the data but the huge draw triggered it even higher.

WTI Crude Oil Trading

WTI falling hard.

WTI Crude Oil Trading

Nat gas traders are not liking the storage miss (-152B vs -160B exp). Currently diving. image

Nat Gas anyone?

Agreed. The only way to trade ripple is to short it.

Private Island Traders

Surprisingly higher than expected volume today in the CL CME futures contract. I thought the usual holiday low liquidity period would've started by now.

WTI Crude Oil Trading

Heavy buying coming into crude futures on a Friday:

WTI Crude Oil Trading

Heavy selling coming into natty gas futures:

Nat Gas anyone?

We're seeing some divergence is gold and silver, with silver outperforming gold. Recently, this has been a bullish indicator. image Gold/Silver Ratio: image

XAU/USD & XAG/USD - Gold & Silver Traders Thread

Pretty safe to say that barring any unforeseen news, we are pretty much done for the week. Early Friday sideways action, volume low.

XAU/USD & XAG/USD - Gold & Silver Traders Thread

Selling into a very strong rally? Shorter term?

Copper for everyone

Yessir! image UPDATE: image

Nat Gas anyone?

A big decrease forecasted in natural gas storage. It's normal in the winter for a drastic decrease to occur. This year it's happened later than normal. There's a lot of room for a significant deviation from forecasts. I'd expect NatGas to get rocked ...

Nat Gas anyone?

I hope you're still long. Big day for Dr. Copper as the rally dating all the way back to March continues. image

Copper for everyone

The gold/silver ration breaking down is a good indicator of this rally having legs. It's been a theme.

XAU/USD & XAG/USD - Gold & Silver Traders Thread

Biggest miss in crude oil inventories in recent memory. 15.2 actual build vs 1M expected draw . url image I expect some follow through. Look at that volume too. image

WTI Crude Oil Trading

Longer term fundamentals still strongly support gold and silver. But this move is unreal. This is what some technical analysis guys refer to as a 'Viagra Formation.'

XAU/USD & XAG/USD - Gold & Silver Traders Thread

I'd be surprised if we saw any more volatility in gold and silver before the close. Longer term fundamentals still heavily support gold/silver. Also of note this week, the trend where silver outperforms gold during rallies is still alive an well. We ...

XAU/USD & XAG/USD - Gold & Silver Traders Thread