Gold bears are targeting lower prices. Spinning top from yesterday’s session on the Daily chart. Price retraces to test the neckline of a head & shoulders on the 2-Hourly chart. Recap From Earlier This Week On Monday 24th, we looked at the slight bounce in Gold prices out of the minor support potentially forming a Read More…
Tag: Metal Futures
Natural Gas and Lumber Make a Second Consecutive Quarterly Gain
Commodities made a high record for the second consecutive quarter on the 30th of September. The best-performed commodities futures are the natural gas and lumber. This made the Bloomberg Commodity Index (BCOM, -0.32%) to post a rise of about 9% in the third quarter of 2020. In the second quarter, the index rose by about Read More…