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Commodities Daily Forecast – September 28, 2017

By
Colin First
Updated: Sep 28, 2017, 11:04 GMT+00:00

Gold Gold prices moved lower as the stock markets and the dollar continued to improve during the course of the last 24 hours. The prices broke through the

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Gold

Gold prices moved lower as the stock markets and the dollar continued to improve during the course of the last 24 hours. The prices broke through the important 1285 region during trading in this period and it is likely to continue to trade in a weak manner. …Read More

Silver

Silver prices traded below the $17 region and like gold, they also traded in a weak manner for much of the day. But the fall in the prices of silver has been much lesser when compared to that in gold and this should give some hope for the bulls. …Read More

WTI Crude Oil

Oil prices continue to hold steady in a rock solid manner for much of the day as it has been doing since the beginning of the week. The uptrend in the oil prices is still very much intact and it is likely to carry the prices to the $55 region. …Read More

Natural Gas

The gas prices also tended to move higher during the course of the trading yesterday as the traders look towards the EIA report later in the day for the short term direction. The bulls would be ready to lead the charge higher if it misses the mark. …Read More

 

About the Author

Colin specializes in developing trading strategies and analyze financial instruments both technically and fundamentally. Colin holds a Bachelor of Engineering From Milwaukee University.

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