Daily Commodity Tracker
WTI (US OIL):
Daily trend - Neutral, 110-EMA offers strong support
Overbought/ Oversold index: Oscillators are at overbought, scope for rollback
Volatility: High on the daily chart; low and rising on the hourly chart
Previous Week High/Low: 35.75/ 31.16
Previous Day High/Low: 37.60/ 36.40
GOLD (XAU/USD):
Daily trend - Bearish, recovery capped below 200H MA
Overbought/ Oversold index: Oscillators are in neutral territory and biased lower
Volatility: High on the daily chart; shrinking on the hourly chart
Previous Week High/Low: 1737.914/ 1694.006
Previous Day High/Low: 1721.483/ 1697.342
SILVER (XAG/USD):
Daily trend - Neutral
Overbought/ Oversold index: Oscillators have rolled back into neutral territory
Volatility: High, shrinking on the daily chart; low on the hourly chart
Previous Week High/Low: 17.91/ 16.85
Previous Day High/Low: 17.85/ 17.47
COPPER (XCU/USD):
Daily trend - Neutral, scope for upside resumption
Overbought/ Oversold index: Oscillators are at overbought, momentum bullish
Volatility: Rising on the daily chart and shrinking on the hourly chart
Previous Week High/Low: 2.457/ 2.357
Previous Day High/Low: 2.502/ 2.454