Commodity Blog

Commodity news, technical and fundamental analysis, market data on precious metals, energies, industrial metals, and soft commodities

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Gold Prices Decline As Dollar Improves

Gold prices dropped on Tuesday, retracing Monday’s gains, as the dollar value improved. However, some analysts are predicting that a bottom could be …

Copper Cannot Sustain Momentum, Slumps on Trade Fears

Last week, copper prices endured their worst week since 2015, tumbling nine of the last 10 sessions. The industrial metal looked to rebound on Monday, …

Gold Continues Rebound, Touches Two-Week High

Gold futures are continuing to rebound from their 2018 lows as the yellow metal touches its best level in about two weeks. Gold prices …

Brent Gains on Supply Disruptions

Brent crude has gained nearly 0.8% in price on Monday, as fears grow over potential trade disruption.The market is expecting supply from Libya, Venezuela, …

Bullish Pennant on H4 Chart of Gold

A bullish pennant pattern has formed on the four-hour chart of gold. Such pattern occurs when prices consolidate with ever decreasing volatility after …

Commodities Technical Analysis, July 9th — July 13th

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 July 8th, …

Gold Slumps on US Jobs Report, Still Poised for Tiny Weekly Gain

The 2018 decimation continues as gold futures are trading lower on the final trading session of the week. The yellow metal is taking a hit on a positive US …

Soybean Futures Tumble As China Expected to Cancel More US Shipments

Soybean prices are adding to their losses on Thursday as the commodity shed more than two pennies. Industry insiders say China is canceling a significant …

Bitcoin Set for Second Consecutive Week of Gains

For the first time since the end of April, cryptocurrency Bitcoin looks likely to achieve a second week of gains. …

Oil Remains Steady Despite Trump’s Demands to OPEC and Iranian Threats

US President, Donald Trump, has continued his Twitter war of words with OPEC, telling them to “REDUCE PRICES NOW”. Iranian OPEC boss, …

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