Commodity Trading Analysis

Gold tests $2640 resistance Amid PCE Data

Gold tests $2640 resistance, giving back gains from the previous session amid thin holiday trading. Traders continued to await signals about the US economy...

Crude Oil Remained Below $70 Amid a Drop in Stockpiles

Crude Oil remained below $70.0, stabilizing at approximately $69.8 a barrel this Friday. Notably, the prices have found some support following China's announcement of...

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...

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...

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...