WTI Crude Oil Price Analysis for August 26, 2024
WTI crude oil gapped higher over the weekend to signal strong bullish momentum that could potentially lift it to the top of its range around…
Posts Tagged: commodity prices
WTI Crude Oil Price Analysis for June 18, 2024
WTI crude oil seems to be completing a complex inverted head and shoulders pattern on its 4-hour time frame to signal that a reversal from…
Gold Extends Declines to Trade Below 100-Hour MA After Pullback
The gold price on Friday extended declines to trade below the 100-hour moving average line after pulling back off current 5-week highs of about $1,730….
WTI Crude Oil Finds Strong Trendline Support After Pullback
The WTI Crude Oil price on Friday pulled back before finding strong trendline support at about $78.05. The light crude oil price now seems to…
Gold Falls to Trade at a New 29-Month Low of $1,639 After Pullback
The gold price on Friday plummeted to trade at a new 29-month low of about $1,639 before making a later recovery to settle at $1,643….
Gold Bounces Off $1,654 to Trade Above $1,675
The gold price on Friday bounced off the key support at $1,654 to trade above $1,675 following the latest round of data. The price of…
WTI Crude Oil Finds Trendline Support at $84.92 After Pullback
The WTI crude oil price on Friday pulled back before finding strong trendline support at about $84.92. The price of light crude oil now appears…
WTI Crude Oil Rallies Above the 100-Hour MA After Rebound
The WTI Crude Oil on Friday extended gains above the 100-hour moving average line after bottoming at about $81.42 on Thursday. The light crude oil…