Share: WTI extends pullback from two-week high amid sour sentiment. Tensions surrounding unidentified objects, the hawkish Fed weigh on commodity prices. OPEC expects upbeat energy demand,...
Share: Silver price takes offers to renew multi-day low, fades the previous day’s corrective bounce off 100-DMA. Bearish MACD signals, failure to rebound from key DMA...
Share: Gold price struggles to gain traction and seesaws between tepid gains/minor losses. A stronger US Dollar, the Federal Reserve’s hawkish signals seem to cap the...
Share: CME Group’s flash data for gold futures markets noted traders reduced their open interest positions for yet another session on Thursday, this time by nearly...
Share: Gold price stays pressured below short-term key Simple Moving Average. Federal Reserve officials sound hawkish during their latest appearances. United States Treasury bond yields weigh...
Here is what you need to know on Monday, February 6: Markets have started the new week in a calm manner and the US Dollar manages...
WTI picks up bids to snap three-day downtrend at monthly low. Bearish MACD signals, previous support line challenges buyers. Upside appears doubtful below 100-DMA, descending trend...
WTI dropped to the %75s and now the daily chart shows the price breaking the trendline support. WTI, however, is now correcting higher to $76.70 resistance....
Silver stalls the overnight recovery move near the $23.70-80 support breakpoint. The technical setup warrants some caution before placing fresh directional bets. A break below the...
Gold price is testing the bull’s commitments into highly important events for the rest of this week. Gold bears are waiting to pounce, chipping away at...
Gold price drops to over a one-week low on Tuesday amid notable US Dollar strength. Bets for a less aggressive Federal Reserve to cap the USD...
Open interest in gold futures markets shrank for the third session in a row on Monday, this time by nearly 7K contracts according to preliminary readings...
Silver struggles to capitalize on a modest uptick and fails near the $23.80 support breakpoint. The mixed technical setup warrants some caution before placing aggressive directional...
CME Group’s flash data for gold futures markets noted open interest resumed the uptrend and went up by around 11.7K contracts on Wednesday, reversing at the...
Gold price retreats from a nine-month high as bulls opt to take some profits off the table. Bets on smaller rate hikes by the Federal Reserve...
Gold price is moving into a critical resistance area on the charts. A sell-off in Gold price and capitulation of the bulls could lead to a...
Gold price runs higher within the consolidation and towards recent bull cycle highs. Gold price will now depend on key United States economic events ahead. The...
WTI retreats from intraday high, consolidates gains during two-week uptrend. Hawkish Fedspeak, downbeat US data underpin economic slowdown fears even as China demand puts a floor...
WTI picks up bids to approach short-term key hurdles during its second consecutive weekly gain near 1.5-month high. Successful trading above two-week-old ascending trend line, upbeat...
Gold price regains positive traction on Thursday and snaps a three-day losing streak. Recession fears, rising bets for smaller Fed rate hikes, softer US Dollar loan...