Commodity Trading Analysis
NATGAS dipped from $3.82: Cold Snap Spurs Rally
NATGAS dipped from $3.82, a bearish wave driven by expectations of increased global demand for liquefied natural gas (LNG).
Anticipation of colder weather in the...
Crude Oil Recovered to $69.3: Boosted by Holidays
Crude Oil Recovered to $69.3 and gained 1.0% in today's trading session. This rise occurred during a period of low trading activity before a...
Silver Drops to $29 as Fed Slows Rate Cuts
Silver prices dipped below the $29.7 support, marking a three-month low. This decline was influenced by expectations of a...
Gold Consolidates Amid Fed Signals Fewer Rate Cuts
Gold's downtrend eased after prices declined to $2,585, which caused the RSI 14 to become oversold territory. Consequently, prices...
Rising LNG Demand Boosts NATGAS Prices to $3.4
The US natural gas prices climbed to $3.43, nearing the 2024 all-time high, amid overbought signals from Stochastic Oscillator.
This...
Crude Oil Slips Below $70 After Fed Decision
WTI crude oil dropped below $70.4, losing the gains it had made the day before. This happened because the...
Silver Downtrend Resumed: Targeting $30
Silver flipped below $30.3 immediate support, targetting $29.7, the November 28 low. The trend outlook remains bearish as long...
Gold Dipped Below $2667 Awaiting Direction
Gold traded sideways after it dipped below $2,667 and the 75-SMA. Meanwhile, Stochastic is oversold, hinting at a possible...