Where in a black swan market event and the market adjusts and this trend has just formed.
10 Year bond yeild is not impacting the market anymore.
Its easy to see below that recent price surge has happened with Gold & Silver while the DXY has dropped.
As investors fear the USD dollar or it could be the trade war affect.
Now investors rushing to the safety of...
Everytime China and US imposes sanctions, oil price drops.
We could see a repeat since fresh news about US removing privileges and imposing new sanctions because of Hong Kong.
The stars are representing the API usually it happens in 6am AEST, so I've tried to match these up to the times on graphs.
In most instances its pretty clear that the API report has a big effect on price.
More Supply = Cheaper Oil Price
Less Supply = More expensive Oil Price
As I write this, OPEC have banded together to cut produce, which should yield a large rise.
