AAPL 192.055 0.5313% MSFT 429.86 1.0627% GOOG 178.56 0.056% GOOGL 176.99 0.0396% AMZN 182.1 -0.7846% NVDA 947.7773 -0.0024% META 462.96 -1.2542% TSLA 180.94 3.4238% TSM 153.09 -0.2996% LLY 803.41 2.5831% V 275.395 -1.1291% AVGO 1404.87 -0.6478% JPM 197.75 1.1095% UNH 522.3085 0.9819% NVO 134.5 1.1963% WMT 64.925 1.1608% LVMUY 166.99 -1.1016% XOM 118.24 -0.3623% LVMHF 850.0 0.5917% MA 456.5317 -0.6806%

Global Commodity Technical Analysis Report

Commodities Market Witnessed Rally, One Commodity Expected to Reverse from its Support Level – US Sugar No. 11

Apr 10, 2024

Global Commodity Market Wrap-Up

Last week, metal commodities prices witnessed an extended rally, and closed in positive gains. Gold prices traded in a positive range and settled with a weekly gain of ~4.78%. Moreover, Silver also rallied and closed at ~10.38% and other base metals also saw a rally. Base metals ended in green last week. Copper and Zinc prices witnessed a weekly gain of ~5.89% and ~8.16% and Lead closed in positive of ~3.31%.

On the Energy front, Natural Gas prices trading in range bound zone due to weaker demand and settled at a weekly gain of ~1.25%. Moreover, Crude Oil prices also recovered from the lower level and settled with a weekly gain of ~4.25%. Meanwhile, agricultural commodities prices traded negatively and closed in the negative zone and US Sugar also faced resistance and closed in negative of ~2.35%.

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