Commodities Daily Forecast – September 14, 2017

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Published: Sep 14, 2017, 10:22 UTC

Gold Gold prices corrected lower on the back of a strong dollar and also due to the fact that the risk sentiment began to improve all across the board

Gold

Gold prices corrected lower on the back of a strong dollar and also due to the fact that the risk sentiment began to improve all across the board which helped the stock markets move higher. Gold prices now stand at the 1320 region and a break of this could open up 1296. …Read More

Silver

Silver prices also moved lower on improved risk sentiment but they did not seem to be as much affected as the gold prices. But it is clear that the prices are under pressure during the short term and the way that the dollar moves would be key. …Read More

WTI Crude Oil

Oil prices moved higher as an improvement in the supply and demand helped to support the oil prices for the short term. We expect the prices to soon challenge the $50 region and it should move higher in the short term. …Read More

Natural Gas

Gas prices also moved higher after being steady since the beginning of the week as the improved weather helped the prices move higher during the course of the last 24 hours. The demand is expected to be steady which should help the gas prices to remain buoyant. …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.