Commodity Blog

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

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Bitcoin Recovers $500 After an Almost $900 Correction

After bottoming out at a new weekly low of $2,120, bitcoin has managed to recover past $2,600 and maintain a reliable trading range between $2,484.64 and $2,674.98 …

Commodities Technical Analysis, June 19th — June 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 June 18th, 2017:…

Bitcoin Price Recovers yet Ends Week Lower for First Time in 2 Months

The price of Bitcoin recovered on Friday following rapid losses yesterday, yet still posted a weekly decline as investors remained reluctant while they wait for the price …

Bitcoin Price & Segregated Witness News

The bitcoin price has managed to recover above $2,500 on Bitstamp, a considerable increase from the prior weekly low of $2,120. This is a substantial …

Gold Posts Back-To-Back Weekly Loss

Gold futures have recorded modest gains on the final trading day of the week, but the yellow metal is on track for back-to-back weekly loss. Gold …

Bitcoin Price Crashes to Lowest Level Since May 2017

The price of Bitcoin saw a sharp decline on Thursday in a strong corrective move to gains that pushed the …

Crude Oil Falls on Oversupply Concerns, Natural Gas Rallies After EIA Report

Crude oil dropped today amid concerns that efforts of the Organization of Petroleum Exporting Countries to limit global supply failed. Prices were falling …

Bitcoin Price Analysis, June 15th

Bitcoin has continued it’s downward trend which the community has mainly attributed to the recent Bitmain announcement.

Supply Concerns, Bargain Buying Help Wheat Futures Jump 1%

Wheat futures are climbing higher towards the end of the trading week. Supply concerns, weather forecasts, and trader bargain buying are helping the commodity make …

US Crude Falls Under $45 After Small Drop in Stockpiles

Oil prices are cratering on Wednesday as new government data show a smaller-than-expected decline in stockpiles. Oil futures have plummeted nearly 4% and are …

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