Crude oil forecast US Crude oil prices trading at 65.20$, It cracked a little when US inventory came surprisingly positive from -3.6M vs 2.1M. Expectations were -2.0M. Currently prices trading flat since there is no major direction. A good support on oil chart stands at 64.30$, If traders break and sustain below this level then […]

Gold forecast today Gold price tested 1298$ yesterday and then cracked till 1287$, which confused traders and charts as well. Last night Fed released its meeting minutes which suggested less aggressive federal and squash the rumors which indicated we may have more interest rate hikes than expected. Fed meeting minutes indicates that fed will not […]

crude oil

Crude oil forecast Yesterday crude oil price tried to test 72$ but failed again and now trading near 71$. Market is waiting for oil inventory today which is due today. A good support on crude oil price stands at 69.80$, If traders take this base out and manage to sustain trade below our support. Then […]