Gold is about to incur sixth weekly loss in a row
Gold prices rose slightly on the European market on Friday for the first time in seven days as they struggled to recover from a 19-month…
Commodities
WTI Crude Oil Price Analysis for August 17, 2018
WTI crude oil broke below that falling wedge pattern previously highlighted, signaling that further losses are in the cards. Price seems to be hesitating to…
Oil prices are rebounding on hopes of resolving the US-China trade dispute
Oil prices rose as the US market opened on Thursday after falling earlier in the European market, making its first gain in four days, as…
Gold extends losses to a 19-month low as a result of the broad rally of USD
Gold prices fell on European markets on Wednesday, extending their losses for a fifth day in a row, hitting a 19-month low as the US…
WTI Crude Oil Price Analysis for August 15, 2018
WTI crude oil appears to be consolidating inside a falling wedge as it forms lower highs and lower lows. Price is nearing the peak of…
Oil prices are rallying above a few-month low after Saudi Arabia’s production slump
Oil prices rose on Tuesday, rallying above a several-month low recorded earlier in the day, supporting buying on lower prices and supporting lower output in…
Daily Oil, Gold, Silver Technical Analysis August 14, 2018
Gold New Low Gold took a lower path in the previous day, broke the support $1,200 and risk more selling. Traders currently will look for…
WTI Crude Oil Price Analysis for August 14, 2018
WTI crude oil continues to hover around the bottom of its descending channel that bulls appear eager to defend. Updating the Fibonacci retracement levels on…