Gold
The gold prices inched higher during the Monday’s session as it broke above the slightly resistive $1205 level. There is unlikely to be any big swings in the market and will continue to trade between the $1195 and $1215 level. With no signs of improvement in the Sino-US trade relations, gold prices are likely to continue trade under pressure. …Read More
Silver
The silver market had a strong start to the week as the silver prices reached towards the $14.45 level before pulling down a bit slightly. It is likely that the $14.50 level is going to be massively resistive and will struggle a bit around there. The $14.30 level and $14.20 level underneath are the strong support points of the market. …Read More
WTI Crude Oil
The crude oil prices broke above the important $72 mark in the yesterday’s session as OPEC ministers ruled out the possibility of increasing production on the backdrop of decreasing Iranian supply. The market is expected to be a lot more volatile and if the crude prices break above the $73 level, then it can easily reach towards the $75 level. …Read More
Natural Gas
The natural gas prices exploded higher during the yesterday’s session breaking above the massively resistive $3 level. The market is still continuing to show strength and sellers will be refraining from this market at this point. The $3.10 level above is another resistance point and if it breaks above then it can easily reach towards the $3.20 level and above. Watch for any signs of exhaustion in the market as it will mark the entry points for sellers. …Read More