August 28, 2026 9:27 am
Key Moments Natural Gas is trading at $2.91, constrained between support near $2.81–$2.86 and resistance around $2.99 on the 5-hour chart. A V-shaped recovery from $2.616 has lifted price back above the 200-period SMA at $2.857, with ADX at 37.59 and a bullish MACD backdrop. RSI at 62.9 signals growing overbought risk as price trades […]
Read moreAugust 28, 2026 8:56 am
Key Moments OCBC’s Christopher Wong maintains a constructive view on Silver, noting that ETF holdings and managed-money participation have been rising from previously light levels. Prices have been consolidating just under the 70.60-72 resistance band, with daily momentum still mildly positive but showing signs of fatigue and an RSI near overbought territory. A confirmed move […]
Read moreAugust 28, 2026 8:41 am
Key Moments ICE Brent settled up 2.1%, marking its first gain of the week amid fading prospects for renewed US-Iran negotiations. Oil shipments through the Strait of Hormuz have shown signs of gradually increasing, with assumed average flows of 5m b/d. Venezuela is weighing a departure from OPEC as relations with the US improve, potentially […]
Read moreAugust 28, 2026 6:22 am
Key Moments Gold (XAU/USD) trades below $4,600 in early European dealings, retreating from a three-month high. July core PCE inflation held at 3.3% YoY, lifting market expectations for a September Federal Reserve rate hike to 40%. Iran said it is preparing conditions for reopening the Strait of Hormuz, potentially easing oil-driven inflation risks and limiting […]
Read moreAugust 28, 2026 5:52 am
Key Moments WTI trades near $82.70 per barrel in Friday’s Asian session after two consecutive days of gains. Escalating Russia-Ukraine tensions and ongoing Ukrainian strikes on Russian refineries threaten crude and product exports. A new Iran-Oman revenue-sharing agreement supports Strait of Hormuz supply prospects, but no immediate full reopening is assured. WTI Edges Lower but […]
Read moreAugust 27, 2026 12:00 pm
Key Moments Crude exports from Kuwait and Qatar have recovered to about 70% of pre-war levels, boosting overall flows through the Strait of Hormuz. Brent crude is trading near $87/bbl, down sharply from a peak above $120 in late April as supply concerns ease. Total oil movements through the Strait of Hormuz have increased to […]
Read moreAugust 27, 2026 8:26 am
Key Moments Natural Gas is hovering around 2.912 on the 5-hour chart, directly confronting the 38.2% Fibonacci retracement level at 2.914. Momentum indicators lean bullish, yet an indecision Doji at resistance and an RSI reading of 67.55 highlight rising risk of a reversal. Trading strategies center on pullback entries for longs and countertrend shorts near […]
Read moreAugust 27, 2026 7:31 am
Key Moments: Gold (XAU/USD) trades just above $4,600 after giving back earlier intraday gains, but remains above this week’s low. Stronger-than-expected US PCE inflation reinforces expectations for at least one more Fed rate hike this year, supporting the USD. Key technical support is clustered in the $4,525-$4,515 region, while a decisive break above $4,700 is […]
Read moreAugust 27, 2026 6:55 am
Key Moments XAG/USD trades near $69.10 per troy ounce in Asian dealings after a prior-session pullback. July PCE price index rose 0.2% month-on-month, lifting annual inflation to 3.7%. Safe-haven flows and robust industrial demand from solar, EV, and AI-related uses continue to underpin Silver. Silver Holds Firm Ahead of Jackson Hole Remarks Silver (XAG/USD) is […]
Read moreAugust 27, 2026 6:03 am
Key Moments WTI trades near $81.30 per barrel during Asian hours on Thursday after slipping from modest prior gains. Iran-Oman agreement over Strait of Hormuz waters and revenues, along with softer-than-feared U.S. Iran sanctions, eases immediate supply risk concerns. U.S. crude inventories rose by 95,000 barrels to 428.9 million, well below the 597,000-barrel build forecast […]
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