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Commodities Technical Analysis, July 18th — July 22nd

The technical analysis, that includes the indicators’ data and major pivot points for WTI Oil, Gold, Silver and Copper as traded on spot market as of July 16th, 2016:…

Copper Prices Could Have a Boost amid Disrupted Chile Exports

Copper prices hit a two-month high on Thursday as Chile’s copper shipments were disrupted last month. Analysts are expecting copper …

Bitcoin Consolidation Points to Bullish Run

Bitcoin’s hard charging bull run of 2016 looks to continue, but the feverish pace of the advance has slowed. Buying …

Gold Prices to Suffer Fifth Loss in Six Sessions

Gold prices have not had a great performance over the past week or so. With Brexit fears diminishing among investors …

Cotton Soaring on USDA Forecasts

The Cotton: World Markets and Trade report released by the USDA on Tuesday sent cotton soaring to its 300 cent daily up limit. The most …

China to Build 200 Gigawatts (GW) of Coal-Fired Power

Despite having an estimated 200 gigawatts (GW) of excess capacity, China is building another 200 GW of coal-fired power capacity. Even …

Crude Oil Gains on OPEC Report, Under Pressure from API Data

Futures for crude oil rallied on Tuesday with the help of bullish Oil Market Report for June released by the Organization of Petroleum Exporting Countries. The OPEC …

Silver Is Top Commodities Performer in First Half of 2016

The first half of 2016 is in the books and what an interesting time period it has been. Everything from Brexit to the gradual recovery in the price of oil, it …

Gold Falls, Other Metals Rally as Political Uncertainty Subsides

Prices for gold fell today as the market sentiment was improving due to reduced political uncertainty in some of the world’s major economies. Other metals fared far …

OPEC Oil Output Hits near 8-Year High in June

New data released on Monday found that oil output from the Organization of the Petroleum Exporting Countries (OPEC) reached a near eight-year high last …

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