Natural gas is trying to make a comeback today but inevitably will finish this week with fresh new lows. Hourly (lots of sell volume yesterday): image Weekly: image

Nat Gas anyone?

Palladium is tanking: image

Palladium trading

Platinum (and palladium) are crashing all of the sudden. image

Platinum: get rich or die trying

Natural gas making fresh lows: image

Nat Gas anyone?

Copper giving up a lot of gains in the last ~30 minutes. Crude doing the same. No trigger but looks like more than a pullback. image

Copper for everyone

Yesterday, shortly after this post we saw silver start to outperform gold. A rally ensued. It seems to be a very consistent theme. Earlier in this session, gold has started to outperform silver. I'm not sure what that means for the rally but it ...

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

Gold and silver are trading very highly correlated with gold slightly outperforming. The recent trends on rallies is for silver to outperform gold. I'd look for a move in silver as an indicator we could be heading back up. Longer term fundamentals ...

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

Natural gas is off to a strong start this week as colder weather/higher demand spreads across the US.

Nat Gas anyone?

Just when I thought natural gas prices have bottomed, they prove me wrong... once again! This is not a good sign heading into December.

Nat Gas anyone?

Oil traders must be pricing in more action from OPEC next week. Even though a vaccine is coming that's not going to be the 'demand cure.' Demand will be lower than pre-covid levels at least until the vaccine is distributed and administered to the ...

WTI Crude Oil Trading

Copper is heading towards testing those 2018 highs: image

Copper for everyone

Gold dropped on news that the Senate rejected gold advocate Shelton. Very surprising move, but apparently there were big bets out there that she'd pass the Senate vote. Again, very suprising. I'd imagine we could see a bounce back. Vaccine news has ...

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

Looking at the weekly chart, natural gas (NG CME) looks like it's bottomed and should appreciate through the US winter (so long as it's not unusually warm as has been the case for the past two winters).

Nat Gas anyone?

Gold prices seemed to have overreacted to the vaccine news earlier this week but still haven't recovered. I suspect we should be testing the $1900 level in the next few days. I'm hearing more and more of potential lockdowns in the US, in addition to ...

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

Crude oil inventories will be a day later this week due to Veteran's Day. After the surprise draw in API (not that it's a good indicator), at least we know crude is susceptible to spiking on a bigger than expected draw. After that vaccine news, ...

WTI Crude Oil Trading

API data rocked crude: image

WTI Crude Oil Trading

Crude testing yesterday's highs: image

WTI Crude Oil Trading

Since around the beginning of the US session, copper has been on the move.

Copper for everyone

Yup. But long-term it's hard to make an argument against gold. Still so much uncertainty around the world, especially in the US. Looking at gold and silver side by side, it's been silver that's been the best performer. I still like gold as the ...

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

Very heavy volume on buying CL after the vaccine news hit the wires this morning. image

WTI Crude Oil Trading