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FxWirePro- Silver Daily Outlook

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FxWirePro: Daily Commodity Tracker - 7th April, 2020

Tuesday, April 7, 2020 12:13 PM UTC

Daily Commodity Tracker (12:00 GMT)

WTI (US OIL):
Major trend - Strongly bearish; Minor trend - Neutral
Oscillators: Neutral (bias higher)
Bollinger Bands: Shrinking on the daily charts, Widening on Weekly and Monthly charts
Intraday High/Low: 27.21/ 26.29

GOLD (XAU/USD):
Major trend - Turning slightly bullish; Minor trend - Bullish
Oscillators: At overbought
Bollinger Bands: Volatility remains high
Intraday High/Low: 1675.605/ 1644.922

SILVER (XAG/USD):
Major trend - Strongly bearish; Minor trend - Bullish
Oscillators: At overbought
Bollinger Bands: Shrinking on Daily charts, Widening on Weekly and Monthly charts
Intraday High/Low: 15.47/ 14.98

COPPER (XCU/USD):
Major trend - Strongly bearish; Minor trend - Bullish
Oscillators: Neutral (Bias higher)
Bollinger Bands: Shrinking on Daily charts, Widening on Weekly and Monthly charts
Intraday High/Low: 2.316/ 2.217

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FxWirePro: Daily Commodity Tracker - 7th April, 2020

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