Gold, Silver and Crude Oil

Crude Oil futures closed lower by 1.4% at 88.91 bbl upticked early and faded.

Nat Gas futures gained 1.6% to finish at 4.04 per MMBtu. Prices rose to highs of the session at 4.10 heading into afternoon trade, but there was not apparent Headline that coincided with that move. Futures pulled back throughout the remainder of the session to close off the session highs.

It was an quiet day for the precious metals. Gold futures finished lower by 0.2% at 1826.50 oz. Silver futures, shed 1.8% to close at 40.54 oz, sold off to its lowest levels, at 40.31, heading into afternoon trade and closed just above those lows.

Paul A. Ebeling, Jnr.

 

Paul A. Ebeling, Jnr

Paul A. Ebeling, Jnr. writes and publishes The Red Roadmaster's Technical Report on the US Major Market Indices, a weekly, highly-regarded financial market letter, read by opinion makers, business leaders and organizations around the world.

Paul A. Ebeling, Jnr has studied the global financial and stock markets since 1984, following a successful business career that included investment banking, and market and business analysis. He is a specialist in equities/commodities, and an accomplished chart reader who advises technicians with regard to Major Indices Resistance/Support Levels.