Commodities Daily Forecast – April 5, 2018

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Published: Apr 5, 2018, 09:21 UTC

Gold Gold prices slid lower during the course of trading yesterday as the risk sentiment picked up and this led the stocks higher and the gold prices

Commodities Daily Forecast – April 5, 2018

Gold

Gold prices slid lower during the course of trading yesterday as the risk sentiment picked up and this led the stocks higher and the gold prices lower. This is likely to remain choppy in the short term. …Read More

Silver

The silver prices also moved to the lows of its range as it traded just above the $16 region and it is likely to come under increasing pressure as the worries and the fears of a global trade war begins to recede in a slow manner. …Read More

WTI Crude Oil

The oil prices also slid lower for a brief while but have since recovered over and beyond the $63 region and it is likely to remain range bound for the time being as the oil marketers are happy with the prices. …Read More

Natural Gas

The bias is to the upside but the bulls have not been able to generate the required momentum. We are also seeing that the weather changes have also not been able to help the bulls at this point of time which is a bit of a surprise. …Read More

About the Author

Colin Firstauthor

Colin specializes in developing trading strategies and analyze financial instruments both technically and fundamentally. Colin holds a Bachelor of Engineering From Milwaukee University.