Gold
The gold market initially rallied during the Thursday session reaching towards the $1320 level which has been an important support and resistance level in the past as well, but the gold price rolled back reaching down to the $1315 level in the last part of the session. The job numbers will hugely influence this market and in event of job number being reported are soft, the market will continue to move higher. …Read More
Silver
The silver market rallied during the yesterday’s session moving higher towards the $16.50 level but rolled off a bit. The job number data will influence the next direction of this market. Stronger job number will send this market much lower likely towards the $15.50 level and $15 level enentually. …Read More
WTI Crude Oil
The crude oil market is witnessing a lot of volatility in the past couple of session. The market yesterday experienced a bit of selling pressure but also witnessed a significant amount of consolidation. The $67 level underneath will continue to offer strong support going ahead. The $69 level on the top will be the strong resistance for the market. …Read More
Natural Gas
The natural gas prices broke down significantly during the yesterday’s session reaching down towards the $2.65 level as the Natural gas price experienced a strong resistance around the $2.75 level. For the market, it will be very difficult to move higher given the strong resistance on the top and weak fundamentals. …Read More