Commodity Trading Analysis
Silver Prices Hit $31 Amid Fed Rate Cuts Expectations
FxNews—Silver prices have climbed to nearly $31 per ounce, reaching a one-week high. This surge is driven by several global economic factors influencing the...
Gold Prices Steady at $2630 Ahead of Crucial US Jobs Data
Gold prices remain steady above $2,640/oz as investors await US jobs data and Fed speeches. This fuels rate-cut expectations and boosts appeal amidst Middle...
Gasoline Futures Plunge to $1.92 as US Inventories Soar
Gasoline futures fell to $1.92 per gallon—the lowest since September—as inventories rose unexpectedly. Oil traders and investors are watching...
US Natural Gas Dips to $3: Lowest in a Week
Natural gas futures in the United States have taken a significant downturn, falling over 5% to $3.0 per million...
WTI Crude Oil Rises to $68.3 Ahead of Key OPEC+ Meeting
WTI crude oil futures increased to $68.3 per barrel on Tuesday. Traders are now focusing on the upcoming OPEC+...
NATGAS Nears $3 Offering a Decent Bid to Join Bulls
FxNews—The U.S. Natural gas dipped from $3.47. However, the selling pressure eased after the commodity neared the $3.0 critical...
Crude Oil Trades Sideways Below $69.6 Key Resistance
FxNews—Crude Oil prices declined from the 38.2% Fibonacci resistance level, a robust area that has kept the market bearish...
Gold Drops Below 100-SMA Signaling Further Decline
FxNews—Gold shifted below the 100-period simple moving average after it failed to surpass the October 23 low at $2,710,...