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FxWirePro:GBP/NZD downside pressure builds, key support level in focus

FxWirePro- Gold Daily Outlook

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FxWirePro-Gold Daily Outlook

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FxWirePro: Daily Commodity Tracker - 31st March, 2020

Tuesday, March 31, 2020 12:09 PM UTC

Daily Commodity Tracker (12:00 GMT)

WTI (US OIL):
Major and minor trend - Strongly bearish
Oscillators: Oversold (no sign of reversal)
Bollinger Bands: Shrinking on Daily charts, Widening on Weekly and Monthly charts
Intraday High/Low: 21.87/20.22

GOLD (XAU/USD):
Major trend - Neutral; Minor trend - Turning bearish
Oscillators: Neutral (Bias turning lower)
Bollinger Bands: Widening on Monthly charts
Intraday High/Low: 1623.796/ 1595.319

SILVER (XAG/USD):
Major and minor trend - Strongly bearish
Oscillators: Neutral (Bias lower)
Bollinger Bands: Shrinking on Daily charts, Widening on Weekly and Monthly charts
Intraday High/Low: 14.17/ 13.86

COPPER (XCU/USD):
Major and minor trend - Strongly bearish
Oscillators: Neutral (near oversold)
Bollinger Bands: Shrinking on Daily charts, Widening on Weekly and Monthly charts
Intraday High/Low: 2.204/ 2.164

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FxWirePro: Daily Commodity Tracker - 31st March, 2020

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