commodities

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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The recent bull run in the oil markets is slowing down with the commodity posting a flat close for two consecutive weeks now. On Friday, oil prices were testing the lower end of the sideways range between 53.77 and 51.87. This comes…
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The precious metal is giving back some of the gains made on Wednesday, after rising to a nine-day high on an intraday basis, prices are pulling back. This comes as investors wait on further announcements from the new Biden…
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Crude oil prices trade mixed as the developments on the ground unfold. With the new President Biden being quick to rejoin the Paris climate accord, speculators expect further changes on fossil fuel. President Biden was quick to announce…
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The precious metal has managed to rise to an 8-day high following a close above the 1850 handle on an intraday basis. The Stochastics oscillator currently looks somewhat bullish with the possibility that the overbought conditions may…
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