When crude oil inventories was released, the last thing I expected was crude to drop after all three (gasoline, distillates, and crude) showed a much bigger than expected draw. I've got to look deeper into this unless anybody has any insights on ...

Sweet, sweet Oil

Gold is taking a breather right now. The SHFE exchange is on their lunch break. At the SHFE, they sold gold until pretty much lunch time. It's not uncommon for that same sentiment to return after the lunch break. Especially if they didn't have a ...

Gold RIGHT NOW

Who's ready for some volatility? I'm a little suspicious of how CL rallied ahead of the API report. But none-the-less, it rallied higher on a surprise draw of -11.1M. The market was expecting -2.5M. The arrow shows the candle where API data came ...

WTI Crude Oil Trading

EIA inventory data - Aug 28th Crude Oil Inventories Distillate Inventories Gasoline Inventories Forecasts Another draw in crude inventories is expected. Market consensus is about at -2.8M. EIA crude inventory forecasts were revised lower after the ...

High Impact Events Trading... Energy Edition

Thank you sir! Energy Edition! Nice to see you drop by. I'm hoping to have another preview up for tomorrow's EIA inventory data.

High Impact Events Trading... Energy Edition

Dude! I'm 100% selling more crude on this rally. When you get some extra time check this post out: url . Hurricane Dorian might be bearish for WTI.

WTI Crude Oil Trading

Crude Oil in rally mode after API shows a draw of -11.1M vs -2.5M.

Sweet, sweet Oil

WTI is going! API Weekly Statistical Bulletin - Wow. API showing a draw of -11.1M in Crude.

WTI Crude Oil Trading

Great thread! I've been under the impression that Hurricane Dorian might put upward pressure on crude on any supply disruptions but check this out: url

Hurricane Watch

I went looking to see what I could find. I used this list of 2018 hurricanes and only focused on from the Atlantic Ocean or Gulf of Mexico. What I found was surprising. Right before the storm was classified as an official hurricane or tropical ...

Sweet, sweet Oil

Looking at the CME GC front-month, this rally in gold has been accompanied with a lot of volume. This is a very bullish sign. image We might be in store for a retracement. But I can't see it breaking the recent support level it's made around 1536. ...

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

Gold right now is in rally mode. It's got to retrace at some point. Buy the dips!

Gold RIGHT NOW

I got out of my Crude short position. Hurricane Dorian is on a path directly for Florida. If it makes it to the gulf of Mexico, we could be in store for a supply disruption. Until we know more about this hurricane I'm going to remain on the ...

Sweet, sweet Oil

Until Thursday's US GDP number the only data I'd recommend keeping an eye that has a chance at triggering risk off buying in gold is CB Consumer Confidence/Richmond Manufacturing. Check out the August Preview here.

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

I think the risk is in a surprise build in crude. But with that Hurricane out there heading towards the US, energy prices might see some support. I'm bearish on crude but going to try to close out any short positions tonight.

High Impact Events Trading... Energy Edition

I'm short Crude, I expect selling pressure to continue throughout this week as long as data continues to show global growth slowing down. Here's the latest: Russian economy ministry lowers 2020 inflation, GDP growth forecasts I'm bearish Crude Oil ...

Live/Real Time Energy Trades

CB Consumer Confidence/Richmond Manufacturing - August Preview CB Consumer Confidence Richmond Manufacturing Index Notes If The Conference Board's consumer confidence figure comes in lower than expected at the same time Richmond Fed misses, we could ...

High Impact Events Trading... Gold & Copper

The key is defining 'eventually.'

High Impact Events Trading... Gold & Copper