Crude Oil Price

Crude Oil News

Weekly Commmodities Update: Silver Weekly Commmodities Update: Silver By Autochartist By Jonah S. Ford Precious metals took a huge hit in last week’s volatile trading, dragged lower by falling prices in the equities as well as the broader commodities complex. Gold futures were the first to break down through long term key level support as outlined in last week’s Autochartist commodities update... Continue Reading | write a comment

Daily Commodities Update: Sugar Daily Commodities Update: Sugar By Autochartist By Jonah S. Ford Sugar futures showed impressive strength during last week’s commodities sell-off, indicating the market may have enough intrinsic strength to buck the broader trend and move higher on its own. After a prolonged sideways movement near the low end of a textbook Channel Down chart pattern, the... Continue Reading | write a comment

Daily Commodities Update: Wheat Daily Commodities Update: Wheat By Autochartist By Jonah S. Ford Wheat futures drifted towards a retest of key level support in Thursday’s session, as identified by Autochartist and shown here on the hourly chart. This push lower indicates a likely continuation towards the horizontal trend line at 573.75 cents per bushel, where a confirmation of the support... Continue Reading | write a comment

Weekly Commodities Update: Gold Weekly Commodities Update: Gold By Autochartist By Jonah S. Ford A chart analysis of the Comex Gold futures reveals the week ahead may prove to be a pivotal one. Autochartist has identified multiple support lines on the Key Level indicator platform. These key levels are all converging between $1,700 and $1,708 per ounce, which lies just beneath Friday’s... Continue Reading | write a comment

Daily Commodities Update: Platinum Daily Commodities Update: Platinum By Autochartist By Jonah S. Ford Platinum futures followed the rest of the precious metals complex sharply lower in Monday’s session on renewed signs of global economic weakness. The slide in the metals was telegraphed early on when major support levels in gold, silver, platinum and palladium all triggered stop-loss orders... Continue Reading | write a comment

Weekly Commmodities Update: Silver

By Jonah S. Ford Precious metals took a huge hit in last week’s volatile trading, dragged lower by falling prices in the equities as well as the broader commodities complex. Gold futures were the first to break down through long term key level support as outlined in last week’s Autochartist commodities update...

Continue Reading | write a comment