Commodities Category

COMMODITIES: Commodities have recovered the movement seen yesterday. Gold and Silver trade lower but needs to sustain above 1760 and 26 in order to move up again else a fall to 1740-1720 and 25 cannot be negated. Copper may test 4.40 before again rising back to higher levels. Crude prices may face rejection above current

Technical Analysis on Gold & Silver   XAU/USD Pair Goes Intraday High Below at Level $1,900 to US Stimulus Updates The Gold price seems near at the level of $1,880 during the Tuesday Asian Session. The pair will stretch the latest pullback to the level by $1,871 to the previous downbeat. If we have a

Technical Analysis on Gold & Silver     XAU/USD Pair Induces Over the COVID-19 Vaccine Developments The XAU/USD technical indicators show the critical hurdle at the level by the $1842 to the convergence of the Fibonacci 38.2% to the one month and the SMA 5 four hours. The earlier week’s high of $1848 could challenge

Technical Analysis on Gold & Silver   Gold Price Bounce Back Towards at Level $1910 by Growing COVID-19 Cases The XAU/USD price bounce off to the daily lows at the level of $1902 that fights to the bulls back to control the amide sell-off in the US treasury yields that triggered the coronavirus to the risk

Technical Analysis on Gold and Silver   Gold Price Goes Upside at Level $1939 as US Stimulus Hope The Gold price is finally extending the control above at the level of $1900 that optimizes over the US fiscal stimulus. The US dollar seemed on the risk to the market mood after the US house Speaker