
Price Prediction for Crude Oil – Crude Oil Continues Choppy Behavior
The crude oil market fluctuated during Monday’s trading session, as we continue to observe a great deal of irrational activity.
Everything you need to know about gold news.
The crude oil market fluctuated during Monday’s trading session, as we continue to observe a great deal of irrational activity.
WTI oil retreated to $84.50 per barrel. Gold fell below $1650 per ounce. After the recent decline, traders took some profits off the table and the price of natural gas rose. Precious metals fell as Treasury yields increased. Copper retreated following an abortive attempt to settle over $3.50.
Gold markets originally declined during Friday’s trading session, but the Bank of Japan’s decision to sell US dollars had a domino effect on the precious metals market.
The silver market has rebounded this week from the important $18 level, which continues to provide considerable support.
Crude oil prices have fluctuated throughout the week, which is not surprising given the number of macroeconomic events occurring simultaneously.
The gold markets fluctuated somewhat throughout Friday’s trading session, as we desperately cling to the most recent bottom. At this time, a slight rebound is possible, but the market is still quite bearish.
The natural gas markets have declined again during Thursday’s trading session, a stunning turn of events.
The silver market fluctuated during Thursday’s trading session, as we desperately cling to the level of support.
Crude oil prices have risen again during Thursday’s trading session, as severe levels of volatility persist.
During Tuesday’s trading session, gold markets gained slightly, but there appears to be some resistance just above.