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FxWirePro: Daily Commodity Tracker - 6th April, 2020

Daily Commodity Tracker (13.30 GMT)

WTI (US OIL):
Major trend - Strongly bearish; Minor trend - Turning bullish
Oscillators: Rollover from Oversold (bias higher)
Bollinger Bands: Widening on Weekly and Monthly charts
Intraday High/Low: 28.79/ 26.46

GOLD (XAU/USD):
Major trend - Turning slightly bullish; Minor trend - Bullish
Oscillators: Neutral (Approaching overbought)
Bollinger Bands: Shrinking on the daily charts, volatility remains high
Intraday High/Low: 1645.022/ 1609.260

SILVER (XAG/USD):
Major trend - Strongly bearish; Minor trend - Turning bullish
Oscillators: Neutral (Approaching overbought)
Bollinger Bands: Shrinking on Daily charts, Widening on Weekly and Monthly charts
Intraday High/Low: 14.67/ 14.24

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: 2.225/ 2.179
 

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