Commodities Daily Forecast – January 25, 2019

Colin First
Commodities Technical Analysis

Gold

The $1280 level is continuing to attract a lot of traders and is also witnessing heavy buying around the area. Given the weak fundamental around the USD and other major currencies, the gold prices will continue to move higher and a break above $1,300 level would be extremely bullish and send it much higher. Alternatively, in case of a selloff, the $1250 level would offer strong support. …Read More

Silver

The sellers continue to hammer the silver prices lower and is also witnessing huge volatility around. Currently, the 20 Day EMA above is offering a stiff resistance with 50 Day EMA offering strong support to the market. The silver market will have a huge influence of USD, and given the weaker sentiment in the currency, the silver prices will attract buyers around. …Read More

WTI Crude Oil

The crude oil prices went back and forth during yesterday’s session as it continued to dance around the $52.50 level. The $55 level above is also a massively resistive and if it can break above that level, then it can easily reach toward the $57.50 level and then $60 level eventually. In an alternate scenario, a break below $50 level would send the prices towards the $45 level. …Read More

Natural Gas

The Natural Gas market is witnessing wild price swings and in the yesterday’s session, it rallied significantly to reach towards the $3.20 level. Given enough time, the market is likely to witness more selling and a break below $3 level would send the pair towards the $2.90 level and much lower. …Read More

Don't miss a thing!

Discover what's moving the markets. Sign up for a daily update delivered to your inbox

Latest Articles

See All

Expand Your Knowledge

See All

Top Promotions

Top Brokers

IMPORTANT DISCLAIMERS
The content provided on the website includes general news and publications, our personal analysis and opinions, and contents provided by third parties, which are intended for educational and research purposes only. It does not constitute, and should not be read as, any recommendation or advice to take any action whatsoever, including to make any investment or buy any product. When making any financial decision, you should perform your own due diligence checks, apply your own discretion and consult your competent advisors. The content of the website is not personally directed to you, and we does not take into account your financial situation or needs.The information contained in this website is not necessarily provided in real-time nor is it necessarily accurate. Prices provided herein may be provided by market makers and not by exchanges.Any trading or other financial decision you make shall be at your full responsibility, and you must not rely on any information provided through the website. FX Empire does not provide any warranty regarding any of the information contained in the website, and shall bear no responsibility for any trading losses you might incur as a result of using any information contained in the website.The website may include advertisements and other promotional contents, and FX Empire may receive compensation from third parties in connection with the content. FX Empire does not endorse any third party or recommends using any third party's services, and does not assume responsibility for your use of any such third party's website or services.FX Empire and its employees, officers, subsidiaries and associates, are not liable nor shall they be held liable for any loss or damage resulting from your use of the website or reliance on the information provided on this website.
RISK DISCLAIMER
This website includes information about cryptocurrencies, contracts for difference (CFDs) and other financial instruments, and about brokers, exchanges and other entities trading in such instruments. Both cryptocurrencies and CFDs are complex instruments and come with a high risk of losing money. You should carefully consider whether you understand how these instruments work and whether you can afford to take the high risk of losing your money.FX Empire encourages you to perform your own research before making any investment decision, and to avoid investing in any financial instrument which you do not fully understand how it works and what are the risks involved.
FOLLOW US