Commodities Daily Forecast – April 6, 2018

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Published: Apr 6, 2018, 11:01 UTC

Gold Gold prices continue to trade near the lows of its range as the market awaits the NFP data which should determine the direction of the dollar in the

Gold

Gold prices continue to trade near the lows of its range as the market awaits the NFP data which should determine the direction of the dollar in the short term. Any weakness in the dollar should help the prices to rebound. …Read More

Silver

The silver prices have also moved towards the lows of its range near the $16 region as it continues to consolidate and range, something which it has been doing since the beginning of the year. It is likely to continue for the medium term. …Read More

WTI Crude Oil

The crude oil prices have been chopping around over the last couple of days but as we have been saying many times over during the last few days, the oil prices are stuck in a range for the time being and there is not going to be any major volatility for the short and medium term. …Read More

Natural Gas

The gas prices are likely to remain buoyant and get a boost as the cold season continues to extend and this is going to increase the demand for the gas. The prices have been choppy but the market expects the prices to move higher in the short term. …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.