Commodities

Silver struggles to capitalize on a modest uptick and fails near the $23.80 support breakpoint. The mixed technical setup warrants some caution before placing aggressive directional bets. A sustained move beyond…

This precious metal has been pacing back and forth inside a range visible on its short-term charts. Can silver break out soon or is another bounce in the cards? Silver (XAG/USD) 1-hour Chart by TradingView It’s the range that keeps on…

U.K.’s crude oil prices are trading a short-term uptrend! As you can see, Brent crude oil prices have been showing us higher highs and higher lows since breaking a consolidation two weeks ago. UKOIL is now ranging between 85.75 and…

Heads up, commodity traders! I’m seeing a reversal pattern on the 4-hour chart of crude oil, and it looks ready to play out. Here are the levels I’m watching: WTI Crude Oil (USOIL) 4-hour Chart by TradingView Anyone hoping to catch…

Gold Price pares weekly gains with mild losses as it snaps two-day uptrend. Global markets remain sidelined amid pre-GDP anxiety, mixed concerns surrounding Fed. Light calendar, off in China add to the market’s…

CME Group’s flash data for crude oil futures markets noted traders added around 26.7K contracts to their open interest positions at the beginning of the week, extending the upside for the second session in a row. In…

Just when we thought the $1,900 mark would hold as resistance, events from the past couple of days only reinforced spot gold’s uptrend. See, economic releases from major economies like the U.S., U.K., and Japan pointed to their inflation…