commodities

The precious metal rose over 1.6% intraday following the volatility on Wednesday. Price action is now back near the familiar 1929.80 level. The precious metal attempted to breakout past this level on the previous two occasions but…
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Oil prices have made a strong recovery, just days after slipping to a three-month low. Price action continues to move higher, fueled by the dollar weakness. This has pushed oil prices toward the 38.83 handle once again. In order…
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The precious metal is posting strong gains, rising for the third consecutive session. The gains have pushed gold slightly above the 1900 level once again. It will be left to be seen if price action can keep up the momentum. The…
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Oil prices maintain a steady hold as prices are up over 3% intraday. The gains managed to push oil prices back above the 36.51 level. The strong bullish candlestick close on the four-hour chart above this level could keep the momentum…
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Oil prices are up over one percent on Monday as prices recover from last week's declines. Following a brief move below the 34.41 area, oil prices managed to post a strong recovery. After rising above this level, oil prices are pushing…
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The precious metal is posting modest gains on Monday as the US elections are underway. Price rose over 0.50% intraday, following up from last Friday's bullish close. Still, prices are likely to approach the 1900 - 1911.50 level once…
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The precious metal managed to make a modest rebound into Friday's close. Price retraced to the 1885 handle before easing back. On a weekly basis, the price action in gold remains quite bearish. A follow-through into the week could…
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WTI crude oil prices slipped slightly lower on Friday before making a modest recovery into the closing session. While price action remains near a four-week low, the rebound is showing signs of a correction to the declines. The…
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The precious metal is also bearing the brunt of a stronger greenback. Price fell to a four-week low, extending upon the sharp declines from Wednesday. This puts price action on track to test the 1850 level of support that has formed.…
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