Gold
The Gold prices went back and forth during the Friday’s session, as it is trying to build up enough momentum to continue higher. The $1300 level will continue to offer strong support and in the long term, the market looks bullish probably going towards the $1350 and $1400 level. Pullbacks will offer nice opportunity to buy the market. …Read More
Silver
The silver prices rallied during the Friday’s session reaching towards the $16.70 but broke down significantly to reach towards the $16.50 level underneath, which offers a strong support barrier. Overall market continues to remain strong and pullbacks like this will continue to offer a nice buying opportunity. …Read More
WTI Crude Oil
The bullish sentiment in the crude oil market disappeared, as Russia and other OPEC member decided to increase output 1 million BPD. This allowed the market to break through its important support level reaching $67 level underneath. This level will offer a bit of short-term support in the market. The strengthening of USD will also continue to put some bearish pressure. …Read More
Natural Gas
The natural gas rallied a bit during the Friday’s session trying to reach towards the $3 level which continues to be a juicy target for traders. The $2.90 level will offer strong support in the market and pullbacks will continue to offer a nice buying opportunity. The market in this zone will continue to noisy and will also attract some seller’s interest. …Read More