In This Article:
Gold
The gold market was volatile during the Friday’s session moving back and forth around the $1310 region. If this market breaks higher above the $1315 level and $1325 level, it will indicating the presence of bullish trend and will reach higher towards the $1350 level. Alternatively, if it breaks $1300 level then next major support will be at $1275 level. …Read More
Silver
The silver market was volatile during the Friday’s session but picked up from the $16.40 level as the market witnessed a strong buying interest. The market is likely to move higher towards the $16.60 level and if it successfully goes past this level then it should likely to go towards the $17 level next. The market has plenty of support underneath and has a strong support at the $16 level. …Read More
WTI Crude Oil
The crude oil prices exploded higher during the Friday’s session testing the $70 level. A break above this level can send this market towards the $75 level in the mid-term, but it is likely that the breaking above $70 level will be a very difficult because of the strong resistance and can also witness a pullback. …Read More
Natural Gas
The natural gas prices fell down during the Friday’s session testing the $2.68 level for support. However, the market is likely to continue with the weak sentiments and could reach down towards the $2.60 level in the next few sessions. The $2.80 level above is the top of consolidation area and will attract sellers into this market. …Read More
This article was originally posted on FX Empire