The downward pressure oil pressures look like it'll persist for the foreseeable future. The theme in the oil markets right now is how low will demand go and how long will Russia hold out until they finally come back to the table and attempt to ...

WTI Crude Oil Trading

Always love this post.

WTI Crude Oil Trading

Gold prices are being suppressed right now, as covered by KADC and EF5. Let's remember that gold prices are generally priced in US dollars. During true flight to safety/quality, tail risk events, the US dollar is the ultimate safe haven. The US ...

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

Something isn't adding up and one thing is for sure, the markets will return to equilibrium through the invisible hand. Check out the Gold/Equity correlation today (via GC and ES): image

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

Natural gas could be ready to make a move higher if the market starts pricing in lower supply as these low oil prices put pressure on US NatGas producers. Lower oil prices could put a few out of business.

Nat Gas anyone?

It filled the weekend gap nicely! Nice trade.

Nat Gas anyone?

There's a good chance gold will come down a little bit before the move higher. If the coronavirus continues to spread I'd say that 1750 is conservative. If it's somehow contained, the damage it's done already might be enough to initiate the long ...

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

So the Fed's black out period begins tomorrow and over night the market started pricing in a 75 bps rate cut at the upcoming meeting. It's safe to say this Fed regime is deviating significantly from the previous ones where they guided the market ...

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

NatGas keeps on trading higher. It's kind of flying under the radar right now with all the OPEC drama going on. image

Nat Gas anyone?

WOW. Fed cuts rate at an unscheduled meeting by 50 basis points! First time they've taken that kind of aggressive action since the financial crisis. I'm wondering what the CME FedWatch tool is going to change to.

High Impact Events Trading... Gold & Copper

Copper is looking weak. It's at a pivotal point. A break below where it's currently at and we should eventually see it head lower, testing this week's open price. image

Copper for everyone

Since this open this is what NatGas has done so far this week. Still doubtful there's underlying strength, especially with oil prices coming down as low as they are. image

Nat Gas anyone?

Dead cat bounce?

Private Island Traders

The pricing in of central bank easing is providing some support for the equity markets. Today, the DJIA finished up almost 1300 points, over 5%. Uncertain times. Careful out there.

Private Island Traders

NatGas continues to fall through the US (very warm) winter months. image

Nat Gas anyone?

Central bank easing can't do much to increase demand in WTI, so we might see prices decline further. However since gapping down at the weekly open it's been recovering quite nicely.

WTI Crude Oil Trading

The G7 finance ministers and central bankers are holding a conference call tomorrow to discuss the coronavirus. It's going to be a big market mover. While there's no sign that central banks are planning any coordinated intervention, they will likely ...

High Impact Events Trading... Gold & Copper

Palladium is outperforming the other precious metals and it's not really even close. image

Palladium trading

Dead cat bounce in crude? image

Private Island Traders

Gold right now is trading below this week's open (CME GC). image

Gold RIGHT NOW