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According to the trader, there are two ways to run the Energy Space when Oil exceeds $ 68

Manikandan Fastura4 years ago03 mins

The West Texas Intermediate gained another 1% on Wednesday, hovering above $ 68 a barrel after OPEC + doubled its decision to ease supply restrictions by July, on-demand. As WTI crude traded at its highest level since October 2018, energy stocks rallied with it. XLE Energy ETF added nearly 2%, pushing its two-day rally closer…

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  • Commodity Market
  • NYMEX Market

Gold fell, but not more than investors expected

Manikandan Fastura4 years ago01 mins

Gold futures fell 0.19% to $7,744.25 during the 11:59 PM ET (3:59 AM GMT). The dollar, which normally moves against gold, fell to a three-week low on Wednesday. According to data released on Tuesday, the US Consumer Price Index (CPI) rose 0.3% in March, up 0.6% year-on-year, the highest growth in eight and a half…

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Sample Test
  • Commodity Market
  • NYMEX Market

Natural gas under new buying; Support is found at 187.5

Manikandan Fastura4 years ago02 mins

technically the natural gas market is under new buying as the market rise 4.59% to open interest and settled at 13675, with prices rising to 2.5 rupees. Natural gas is supported at 187.5, below which the test can be seen at 185.8 levels, and resistance can now be seen at 190.9, with a move above…

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