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Gold Holds onto Gains, Other Metals Decline

Gold was attempting to hold onto yesterday’s gains today as the US dollar extended its decline. The greenback was falling ahead of tomorrow’s policy …

Crude Oil Extends Losses, WTI Crude Falls Below $48

Prices for crude oil continued to sink today, extending yesterday’s losses, with the West Texas Intermediate grade falling below the $48 level. It …

Copper Slumps As Investors Wait for Fed Decision

Copper futures are slumping on Tuesday as traders wait for the Federal Reserve to announce a decision pertaining to interest rates. The industrial metal has …

Crude Oil Futures Sink on Global Glut Concerns, WTI Crude Below $50

Futures for crude oil attempted to rally during the Monday’s trading session, but failed, and ended the session with huge losses. US crude fell below …

Soybean Rises as US Agriculture Poised for Rebound

Soybean futures are rallying to kick off the trading week after the US government reported that China is purchasing domestic agriculture again. This …

Gold Gains at Start of Week as US Dollar Weakens Ahead of Fed

Futures for gold rallied on Monday. Other metals were mixed, with silver and palladium logging gains, while platinum and copper posted losses. The likely reason …

Symmetrical Triangle on Daily Chart of WTI Crude Oil

A symmetrical triangle pattern has formed on the daily chart of West Texas Intermediate crude oil. Such pattern occurs when prices consolidate, often after …

Commodities Technical Analysis, December 17th — December 21st

The technical analysis, that includes the indicators’ data and major pivot points for WTI Oil, Gold, Silver, Copper, and Natural Gas in continous charts as of December 16th, …

Crude Oil Falls Further Even as US Drillers Reduce Number of Oil Rigs

Crude oil extended its previous losses today, heading to end the session with more than 2% decline. Prices continued to sink even as US …

Gold Falls, Poised for a Weekly Loss on Rallying Greenback

Gold futures are tumbling to finish off the trading week, leading to a weekly loss for the yellow metal. Gold prices are taking a hit because of a rallying …

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