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Gold Hovers Around Five-Month High Amid Market Rout

Gold futures are down to kick off the trading week, but they are hovering around their best levels in five months. The yellow metal …

Symmetrical Triangle on H4 Chart of Natural Gas

A symmetrical triangle pattern has formed on the 4-hour chart of natural gas. Being a continuation pattern, it suggests that prices will likely continue to go …

Commodities Technical Analysis, December 10th — December 14th

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 9th, …

Natural Gas Surges as US Posts Steep Weekly Supply Drop

Natural gas futures climbed more than 3% at the end of the trading week as the US government reported a bigger-than-expected weekly decline in domestic inventories. Natural …

Metals Fall amid Increasing US-China Tensions, Gold Stable

Almost all metals fell today amid risk aversion caused by the arrest of a top executive of China’s tech giant Huawei. Huawei CFO Meng …

Crude Oil Crashes as OPEC Doesn’t Finalize Production Cut Deal

Prices for crude oil logged big losses today as the Organization of Petroleum Exporting Countries failed to finalize the deal to cut oil production as a measure to buoy …

Wheat Slips 1% Despite Global Production Forecasts Sliding

Wheat futures slipped more than 1% on Thursday, despite global production forecasts declining. There was also industry news that the world’s third-largest

Precious Metals Drop on Interest Rate Outlook, Palladium Rallies to Record High

Gold and other precious metals dropped today, dragged down by the outlook for interest rate hikes from the Federal Reserve. Curiously, palladium …

Bitcoin Sell-Off Continues As It Approaches Its 2018 Lows

After being unable to stabilize above the important psychological price level of $4,000, the flagship cryptocurrency, Bitcoin (BTC) has continued …

Oil Jumps Despite Rising OPEC Production

Crude oil futures are rising on Wednesday, despite the Organization of the Petroleum Exporting Countries (OPEC) raising output in November. Oil prices are posting …

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