Daily Commodity Tracker
WTI (US OIL):
Daily trend - Neutral, signs of exhaustion at highs
Overbought/ Oversold index: Oscillators are at overbought, scope for rollback
Volatility: High on the daily chart; low and shrinking on the hourly chart
Previous Week High/Low: 35.75/ 31.16
Previous Day High/Low: 38.15/ 35.91
GOLD (XAU/USD):
Daily trend - Slightly bearish, price has slipped below 200H MA
Overbought/ Oversold index: Oscillators are in neutral territory and biased lower
Volatility: High and rising on the daily chart; shrinking on the hourly chart
Previous Week High/Low: 1737.914/ 1694.006
Previous Day High/Low: 1732.312/ 1659.589
SILVER (XAG/USD):
Daily trend - Neutral with bearish bias
Overbought/ Oversold index: Oscillators are at overbought, on verge of rollback into neutral
Volatility: Shrinking on the daily chart, low on the hourly chart
Previous Week High/Low: 17.91/ 16.85
Previous Day High/Low: 18.08/ 17.46
COPPER (XCU/USD):
Daily trend - Neutral, scope for upside resumption
Overbought/ Oversold index: Oscillators are at overbought, scope for rollback
Volatility: Rising on the daily and hourly charts
Previous Week High/Low: 2.457/ 2.357
Previous Day High/Low: 2.504/ 2.474
