Daily Commodity Tracker (11:00 GMT)
WTI (US OIL):
Major trend - Strongly bearish; Minor trend - Turning bullish
Oscillators: Rollover from Oversold (bias higher)
Bollinger Bands: Shrinking on Daily charts, Widening on Weekly and Monthly charts
Intraday High/Low: 26.99/ 23.55
GOLD (XAU/USD):
Major trend - Neutral; Minor trend - Turning bullish
Oscillators: Neutral (Bias higher)
Bollinger Bands: Shrinking on the daily charts, volatility remians high
Intraday High/Low: 1617.532/ 1607.176
SILVER (XAG/USD):
Major trend - Strongly bearish; Minor trend - Turning bullish
Oscillators: Neutral (Bias higher)
Bollinger Bands: Shrinking on Daily charts, Widening on Weekly and Monthly charts
Intraday High/Low: 14.54/ 14.30
COPPER (XCU/USD):
Major trend - Strongly bearish; Minor trend - Neutral
Oscillators: Neutral (Bias higher)
Bollinger Bands: Shrinking on Daily charts, Widening on Weekly and Monthly charts
Intraday High/Low: 2.230/ 2.200


2025 Market Outlook: Key January Events to Watch
UBS Predicts Potential Fed Rate Cut Amid Strong US Economic Data
U.S. Banks Report Strong Q4 Profits Amid Investment Banking Surge
Goldman Predicts 50% Odds of 10% U.S. Tariff on Copper by Q1 Close
US Futures Rise as Investors Eye Earnings, Inflation Data, and Wildfire Impacts
Gold Prices Slide as Rate Cut Prospects Diminish; Copper Gains on China Stimulus Hopes
Lithium Market Poised for Recovery Amid Supply Cuts and Rising Demand
Moody's Upgrades Argentina's Credit Rating Amid Economic Reforms
Wall Street Analysts Weigh in on Latest NFP Data 



