Gold Extends Winning Streak to Three Sessions on Weaker US Dollar
Gold futures recorded some modest gains to kick off the trading week. The yellow metal has been trying to withstand the myriad of developments that…
Commodities
Daily Oil, Gold, Silver Technical Analysis | May 23, 2022
Gold surpasses $1,850 Gold prices are building bullish pressure after bouncing from the $1,780 – $1,800 area. The price is currently climbing above the $1,850…
Gold Stretches Weekly Gains Above $1,846 After Rebound
The gold price on Friday extended this week’s gains to trade above the $1,846 level following its rebound on Monday. The price of the yellow…
WTI Crude Oil Recoups Weekly Losses After Rebound
The WTI crude oil price on Friday extended the current mid-week gains towards $110.40 after bouncing off $103 on Thursday. The light crude oil price…
Soybeans Top $17 As China Buying Frenzy Supports Crop’s Rally
Soybean futures are extending their gains to finish the trading week, topping $17 a bushel. The agricultural commodity has had a terrific 2022 and has…
Daily Oil, Gold, Silver Technical Analysis | May 20, 2022
Gold closed above the daily SMA 200 The upward movement of gold prices managed to print a close above the daily SMA 200. Traders currently…
WTI Crude Oil Price Analysis for May 20, 2022
WTI crude oil is trending higher on its 4-hour time frame, and price seems to have found buyers at its mid-channel area of interest. The…
Natural Gas (NATGAS/USD) Price Technical Analysis for May 19, 2022
Natural gas is forming a double top pattern on its short-term chart, indicating that a reversal from the uptrend is due. Price is close to…