AAPL 183.36 5.9701% MSFT 406.8 2.2522% GOOG 169.01 0.3265% GOOGL 167.21 0.3541% AMZN 186.235 0.8202% NVDA 887.83 3.4562% META 452.05 2.3479% TSLA 181.14 0.6277% TSM 141.56 3.9125% LLY 734.97 -2.7702% V 268.47 0.3214% AVGO 1278.11 3.1924% JPM 190.51 -0.6% UNH 492.45 -0.1055% NVO 123.05 -0.7821% WMT 59.82 0.1842% LVMUY 168.5 2.1584% XOM 116.02 -0.1893% LVMHF 841.0 1.8789% MA 443.58 0.5622%

Global Commodity Technical Analysis Report

Commodities witnessed Profit Booking, One Commodity Expected to bounce back from its Support Level – Natural Gas

Feb 07, 2024

Global Commodity Market Wrap-Up

Last week, commodities prices witnessed profit booking in all segment. Gold price remains positive due to economic events with sideways to positive direction and settled with a weekly gain of ~0.93%. Moreover, Silver losses ~0.33% and other base metals seen profit booking. Base metals ended in a negative last week, Copper and Lead prices witnessed a weekly loss of ~0.87% and ~1.29% and Copper witnessed a sharp correction and closed in weekly loss of ~1.29%.

On the Energy front, Natural Gas extended Weekly loss and settled at a weekly loss of ~4.41%. Moreover, Crude Oil prices settled with a weekly loss of ~7.35%. Meanwhile, agricultural commodities prices also closed on a negative side, but US Sugar managed to give a positive close of ~0.50%.

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