Futures Trading Information – How The Energy And Metal Market Work?
What is futures trading if you care about and want to earn from, keep up with the futures market ofthings Will Be Among You Should do. Since We Can not cover all the fields, let’s review the Energies and Metals Market and take the action! A bit of role reversal in the energy market last week as crude Had all the making of Liquidating with a bearish DOE numbers of +2 million barrels sat That this market to $ 103. 50, But a quick reversal of flatprice flesh and you felt about crude oil market past the resistance of $ 106 to trade at $ 108. 50. “This is a huge number That Was broken to the upside and now crude oil is off to the races High as $ 110 Within Reach is well in my opinion” Said Pitguru Daniel Cronin. About Natural Gas, gasoline has roofed to $ 3. 15-gallon and You Can Be Sure That gas prices at the pump will eclipse the $ 4. 00 mark this week or early next. That dog Traders note this rally in the price is definitely not a good thing here, and Consumers Will Be in danger if crude eclipses the $ 110 mark Which looks like it will Happen. Still keep an eye out for Any news out of Japan and Libya, But as for right now believe, it’s rally time in the oil market. Turn to metal market! Narrow at precious metals, These Markets Had a mixed week last week Trying to trade to new heights. In details, hit gold market at $ 1.449 STI Before losing footing and sliding back to $ 1.415 only to rally back up to $ 1.440 SITS WHERE gold price right now. The way Mr. Daniel Sees it, dips Can Be bought in this market as the chart looks like it Might realize Higher Higher highs and low. To him, silver is the Strongest of the metals. Actually it is making new highs here Breaking Through $ 38 price as this has-been on fire Since last year, rallying more than 100%. All metals will continue to rally as the USD gets Weaker Against Other Major Currencies. The Euro / USD has flown by $ 1. 42 and Is On Its Way to the $ 1. 43 handle. Dog in Gold Traders look for Gold to make new highs again this week. Talking about metal market, We Should Not Miss Copper market. This market is still under the liquidation mode and Even Though the Equity Markets Have you still fail Copper rallies Below $ 4. 25. As Our expert said “I like this metal base Below $ 4. 20 as a buy with great support at $ 4. 10” to tour around the end of trading futures home.