WTI Crude Oil Bounces Off 3-Day Lows to Trim Session Losses
The WTI Crude oil price rebounded late on Friday to recoup some of the session lows after plunging to 3-day lows. The oil price had…
Commodities
Gold Price Rallies to New 7-Year Highs as Coronavirus Hits Global Growth
The gold price on Friday extended current monthly gains to hit a new 7-year high of $1,648 amid increased fears on the impact of coronavirus….
Daily Oil, Gold, Silver Technical Analysis February 21, 2020
Gold extend its bullish trend Gold surpassed January high and closed above it. The precious metal expected to continue its bullish trend and target 2011…
WTI Crude Oil Price Analysis for February 21, 2020
WTI crude oil recently broke above its rising wedge formation on the 1-hour chart to signal that an uptrend is due. Price is retreating from…
Natural Gas (NATGAS/USD) Price Technical Analysis for February 21, 2020
Natural gas recently broke above resistance around the $1.900 mark and zoomed up to a high of $2.032 before retreating. Price could be due for…
Daily Oil, Gold, Silver Technical Analysis February 20, 2020
Gold closed near the January high The bullish sentiment in gold prices expected to continue as no major positive development in coronavirus cases in China….
WTI Crude Oil Price Analysis for February 19, 2020
WTI crude oil formed higher lows and slightly higher highs to consolidate inside a rising wedge pattern on its 1-hour chart. Price already broke past…
Natural Gas (NATGAS/USD) Price Technical Analysis for February 19, 2020
Natural gas has been cruising lower as it trades below a descending trend line on its 4-hour chart. Price is currently testing the resistance and…