Gold
The gold prices initially went sideways on the Friday’s session but then started to rally from the $1315 level reaching towards the $1325 level. The long-term outlook for the market is still positive and will continue to try reaching towards the $1350 level. And, the $1300 level underneath will continue to offer strong support. …Read More
Silver
The silver prices have gone down significantly in the last few days of trading and showing signs of weakness. The $16.40 level continues to offer support in the short-term. Overall, the market continues to trade weak with important support at $16 and $15.50 levels. …Read More
WTI Crude Oil
The crude oil prices were mostly sideways during the Friday’s session holding the $67 level, a major support level. The market continues to look bullish and is likely to move towards the $70 level and if it successfully clears this level, then the next target for the market will be around $75 level. …Read More
Natural Gas
The natural gas prices continued its downward slope during the Friday’s session reaching towards the $2.75 level, the area which has been resistive in the past. The long-term outlook for the market is still negative because of the over-supply issues. The $2.60 level and $2.50 level underneath is a strong support zone and if market crosses the $2.80 level again, then it is most probably to reach towards the $3 level. …Read More