Commodity Trading Analysis
Silver Dips Amid Overbought and China Economy Woes
FxNews—The XAG/USD prices dipped from $32.3, a decline that was expected from a technical perspective as the Stochastic Oscillator was hovering overbought.
On the fundamental...
Gold Prices Hold Steady Ahead of Key US Inflation Report
FxNews—Gold hovered near $2,690 per ounce on Wednesday, pausing after two days of gains. This pause came as traders watched closely for upcoming US...
Natural Gas Prices Rally to $3.2 on High Demand
FxNews—U.S. natural gas began a bullish wave from $2.97, shifting prices above the 75-period simple moving average. As of...
WTI Crude Oil Hits $69 as China Boosts Imports
FxNews—WTI crude oil futures recently reached about $69 per barrel, showing growth for a third straight session.
China's shift...
Silver Prices Approach One-Month Highs Near $31
Silver prices have recently climbed above $31.10 per ounce, nearing one-month highs. Investors focus on key US inflation data...
Gold Prices Reach $2660 Amid Global Tensions
Gold has climbed above $2,640 per ounce, reflecting its role as a safe haven during uncertain times. The Middle...
Gasoline Prices Rebound from 2-Month Lows
Gasoline prices rose from $1.92 (December 2, low) to approximately $1.96, testing the 23.6% Fibonacci level as resistance.
OPEC+...
Why U.S. Natural Gas Futures Are Rising
U.S. natural gas futures rebound as demand grows and exports rise, balancing weather-driven shifts in heating needs.
U.S. natural gas...