FxNews—Silver has been in a downtrend from its July 11 high of $31.7. As of writing, the XAG/USD pair trades at about $29.3, slightly above the 78.6% Fibonacci at $29.2....
Commodity Trading Analysis
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FxNews—Gold is in an uptrend, trading above the 25- and 50-simple moving averages. As of writing, the XAU/USD pair trades at approximately $2,460, slightly above the 25-period simple moving average,...
FxNews—WTI Crude Oil bounced from the July 16 low at $79.2 as the Stochastic oscillator, and RSI 14 signaled an oversold market then. As of writing, oil trades in a...
FxNews—Silver has been in a bear market since the bulls peaked at $30.8 ceiling on June 21. The bearish bias eased after the XAG/USD price neared the June 13 low...
FxNews—Gold downtrend from $2,368 has eased after the price dipped below the 61.8% Fibonacci at $2,316 (current price). The robust bearish wave in the gold market has driven the stochastic...