Commodities Daily Forecast – March 2, 2018

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Published: Mar 2, 2018, 09:22 UTC

Gold Gold prices have managed to bounce off from the lows as the weakness of the dollar provided the saving grace for the dollar bulls. The region around

Gold

Gold prices have managed to bounce off from the lows as the weakness of the dollar provided the saving grace for the dollar bulls. The region around $1300 should act as strong support for the short term. …Read More

Silver

Silver prices continued to trade in a tight consolidative manner and the range continues to be within the $16 and the $17 region for now. This is expected to last for the medium term. …Read More

WTI Crude Oil

Oil prices continued to move lower, something that they have been doing ever since the beginning of the week. This has happened despite the weakness in the dollar but there is nothing to panic as the major moves in this market are all done and dusted for the short and medium term. …Read More

Natural Gas

Gas prices continued to remain choppy as the demand for the commodity is expected to taper off in a slow and steady manner in the coming days. …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.