commodities

The precious metal is seen recovering from the losses from Wednesday. After losing the 1850 handle, gold prices are back above this level once again. However, the pace of the rebound remains weak and we could see price losing the 1850…
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WTI crude oil prices continue to maintain a sideways range within the said levels. Prices attempted to make some modest gains, but at the time of writing, oil prices are giving back those gains. The current slide could see the lower end…
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The precious metal was trading below the 1850 level just ahead of the Fed meeting. However, the declines coincide with the Stochastics oscillator also moving close to the oversold levels. As a result, we could see price attempting to…
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Oil prices remain flat for yet another day. Price action briefly fell to the floor near 51.87 from the sideways range. But prices quickly recovered off this level intraday. For the moment, the sideways range remains intact and oil prices…
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The precious metal was seen trading subdued albeit, trading flat. Price action managed to post intraday gains before giving them back. As a result, gold prices are back trading strongly near the 1850 handle. A close below this level…
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WTI crude oil prices continue to remain trading flat within the larger horizon. Price action gave back the short term gains made. For the moment, oil prices remain firmly entrenched within the 53.70 and 51.87 levels. With prices…
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The precious metal is trading subdued with much of price action staying within the range from last Friday. As a result, price action is seen consolidating near the 1850 level of support multiple times. This consolidation could…
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WTI crude oil prices continue to maintain a mixed bias with prices giving back the intraday gains made. As a result, oil prices are once again trading near the lower end of the sideways range at 51.87. Given that this consolidation…
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Price action in gold remains stuck within a sideways range with the 1818 level of support holding up for the moment. The overall trend remains flat after gold price touched a new all-time high on 7th August 2020. This sideways shift…
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