Gold
The gold prices initially moved in a sideways direction during the yesterday’s session but then broke below the $1320 level showing signs of weakness. The $1300 level is going to offer a significant support which is also a psychologically significant level and until it breaks above the $1325 level, there will be some amount of bearish pressure. …Read More
Silver
The silver prices rolled slightly during the Thursday’s session, hanging just above the $16.50 level. This area is massively supportive and is likely to attract buyers and if it breaks down, then the next support will be at $16 level. Overall, the volatile movement will continue in the market as the dollar is gaining strength off-lately. …Read More
WTI Crude Oil
The crude oil prices went back and forth during the Thursday’s session around the $68 level which is offering a bit of support. The market is facing a stiff resistance going above the $68 level due to major resistance above. Dips in the market will continue to be a nice buying opportunity in this market. …Read More
Natural Gas
The natural gas prices broke above the $2.80 level during the yesterday’s session which is essentially a very bullish sign. Moving ahead, the market is likely to move higher towards the $3 level and any signs of exhaustion will attract sellers which will break this market further. …Read More