commodities

WTI crude oil prices continue to post strong gains. Price action is now on track to post six consecutive days of gains. This has also pushed oil prices to highs last seen in February 2020. However, the current pace of gains comes with…
Read More

For most of the latter half of last year, crude prices remained largely stable, with WTI hovering just a little over $40/bbl. This could have gotten some traders used to a relatively flat price range for crude. But if one thing is true…
Read More

The precious metal managed to recover some of the losses on Friday. Price action closed with over one percent gains on the day, after falling to a three-month low previously. The retracement puts gold prices close to the 1817.80 level…
Read More

WTI Crude oil prices continued to advance with price action closing near a 13-month high. Prices briefly traded close to the next key resistance level of 57.35. We could expect a push higher for the commodity to test this level firmly.…
Read More

The precious metal is down over two percent on an intraday basis. The declines accelerated after the precious metal lost the footing near 1817.89 support. The sharp declines could see the precious metal touching down to 1764.22 where…
Read More

WTI Crude oil prices are trading weaker following the previous strong bullish sessions. Price action is reversing gains after testing the 56.00 level. The declines could, however, see near term gains once again. For the moment, the…
Read More

The precious metal is posting modest declines a day after the precious metal fell over 1.2%. However, price action remains well supported above the 1817.80 level. In the near term, we expect price action to remain trading flat within the…
Read More

Crude oil prices are posting solid gains for the third consecutive session. The gains come on the back of declining crude oil inventories. It's further due to news that the Democrats took first steps toward advancing President Biden's…
Read More