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Gold price appears set for a decline

We suggested in August that traders who went short gold in May were beginning to consider covering their short positions.The consolidation over the past few weeks has triggered short covering, but it has not encouraged new long…

Oil price continues its upward trend

An offshore oil platform.Cavan Images | Cavan | Getty ImagesThe NYMEX oil chart has three technical features. They signal a continuation of the uptrend with a target near $87. However, movement toward this target is hindered by several…