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Commodities Technical Analysis, February 26th — March 2nd

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 February 25th, 2018:…

Gold Poised for Biggest Weekly Drop in 2018 as Greenback Recovers

Gold futures are bleeding red ink to end the trading week. The yellow metal is on track for its worst weekly performance this year as the US …

US Crude Spikes 2% as Domestic Oil Supplies Take Unexpected Nosedive

Oil prices are surging towards the end of the trading week after a new US government report showed an unexpected nosedive in US crude stockpiles. This …

Orange Juice Unable to Rally on Surprising Sales Growth

Orange juice futures are plummeting midweek despite a new report that suggests sales surged last month. For many years, orange juice was …

Gold Declines as Treasury Yields Rise

Gold fell sharply today as the US dollar rallied. The Bloomberg Dollar Spot Index rose almost 0.7% in the Tuesday session. The precious …

Copper Futures Plunge on Surging US Dollar, Chinese Holiday

Copper prices fell more than 1% on Tuesday as the US dollar surged and Chinese markets are closed for the Lunar New Year. Since spiking after …

Gold Slides as US Dollar Strengthens on Quiet Trading Day

Gold futures started off the trading week in the red as the US dollar strengthened, continuing last week’s momentum when it posted a 3% gain. American …

Consolidation After Decline Results in Descending Triangle Pattern on H4 Chart of Natural Gas

Prices for natural gas were consolidating after a decline on the four-hour chart of natural gas, resulting in a formation of a descending triangle pattern. It is usually …

Commodities Technical Analysis, February 19th — February 23rd

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 February 18th, 2018:…

Gold Poised for Best Week Since 2016 amid Inflation Fears

Gold is on track for its best weekly performance in about two years as the market is having jitters about rising inflation. Despite a strengthening US …

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