Posts Tagged: Crude oil analysis

Bitcoin price analysis Bitcoin price analysis today would cover start from yesterday’s big move. Bitcoin price opened nearly 11% down from 7700$ to 6600$. It crashed vertically after news surfaced of another cryptocurrency exchange hacked. One of the popular exchange of South Korea which deals in cryptocurrency named Coinrail confirmed that hackers have stolen nearly… Read Article →

Silver forecast Silver price tested 16.60$ yesterday which was our buy signal’s target. We mentioned a resistance at 16.62$ in our yesterday’s silver forecast. It could not break our resistance and fall back till 16.40$. Currently silver price trading at 16.42$. Yesterday US slapped tariffs on steel and aluminum from Canada, Mexico and some of… Read Article →

Gold forecast Comex gold prices tested 1306$ last night and then reverted back. Gold already broke out our major hurdle of 1302$ which we updated in our yesterday’s gold forecast and was comfortably trading above this. But then problem with tremendous rise in precious metals prices came when Italy showed kind of emergency on political… Read Article →

Gold forecast Gold price trading flat since yesterday at 1297$, It tested above 1300$ in early morning session then came back with same pace. Currently dollar index trading almost at highest point of the day and its trading at highest since November 9 2017. Currently dollar is putting precious on precious metal pack and its… Read Article →

Gold forecast today Comex gold price trading at 1292$, It made beautiful high as we suggested in our yesterday’s forecast that our resistance is at 1296$. It did exactly the same and now trying to cross our hurdle. We will revise our levels today as dollar index made low around 92.80 which we mentioned in… Read Article →

Gold forecast Comex gold price trading at 1289$, It tested 1283$ last night and then gave an approx 10$ bounce but could not sustain on higher levels. 10 Year bond yield would be interesting to watch as it keeps rising and putting pressure on gold price. A good support on gold chart stands at 1281$,… Read Article →

Crude oil analysis Crude oil price trading half percent higher today as market opened positive. It tested 72$ and currently cruising around 71.70$. Oil prices are anticipating more tensions between US and Iran. Crude oil prices driving higher, expecting more sanctions on Iran. Good equity markets are also helping as it suggest good consumption in… Read Article →

Gold forecast Comex gold price tested 1288$ and broke with ease, price tested 1284$ and tried to recover. Finally it gave a close near 1292$ signaling another weak session this starting from Monday. This week we have two speeches from BOE governor and one speech from Fed chairman Powell. Both will have good impact on… Read Article →

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