Daily Oil, Gold, Silver Technical Analysis August 16, 2019
Gold retrace toward $1,500 before the end of week The bullish movement of gold do not continue yet after the bounce from $1,500 support level….
Commodities
WTI Crude Oil Price Analysis for August 16, 2019
WTI crude oil is resuming its slide on the 4-hour time frame as price bounced off the resistance at the $57.50 minor psychological mark. Price…
Natural Gas (NATGAS/USD) Price Technical Analysis for August 16, 2019
Natural gas has formed lower highs and higher lows inside a descending channel on its daily time frame. Price is currently pulling up to the…
Daily Oil, Gold, Silver Technical Analysis August 15, 2019
Gold shining on looming recession news Gold prices gained in the previous day, bounced from $1,500 support level. The precious metal could move further higher…
WTI Crude Oil Price Analysis for August 15, 2019
WTI crude oil recently broke below the ascending trend line on its 1-hour time frame to signal that a reversal from the uptrend is due….
Natural Gas (NATGAS/USD) Price Technical Analysis for August 15, 2019
Natural gas is trending lower and seems to be hitting resistance at the descending trend line. Price could resume the drop from here and the…
WTI Crude Oil Pull Back After Hitting New 2-Week High of 57.50
The price of WTI Crude Oil pulled back on Wednesday to trade at around $55.10 after topping $57.50 on Tuesday during a week of gains….
XAU/USD (Gold) Fails to Extend Weekly Gains After Topping $1,534
The price of gold (XAU/USD) failed to extend yesterday’s gains on Wednesday as it pulled back to trade around $1,515. The price of the yellow…