Commodities trade mixed as crude surges 8% weekly on Middle East supply concerns while precious metals retreat from recent highs despite gold holding above $4000. Weak settlement performance across metals suggests profit-taking after recent rallies, while agricultural markets respond to U.S. crop condition reports. 🥇 PRECIOUS METALS Gold $4084.50 +0.33% | Bias: NEUTRAL | Key: $4050/$4150 Silver $58.67 +0.87% | Bias: NEUTRAL-BEARISH | Key: $57.00/$61.00 Platinum $1606.90 +1.93% | Bias: NEUTRAL | Key: $1580/$1650 Precious metals show intraday strength but suffered sharp weekly declines, with silver dropping 5.25% settlement-to-settlement. Gold maintains psychological $4000 level despite 1.70% weekly loss. PGMs outperform with platinum and palladium recovering 1.93% and 1.45% respectively. Copper gains 1.51% suggesting industrial demand stability.
Commodities trade mixed as crude surges 8% weekly on Middle East supply concerns while precious metals retreat from recent highs despite gold holding above $4000. Weak settlement performance across metals suggests profit-taking after recent rallies, while agricultural markets respond to U.S. crop condition reports. 🥇 PRECIOUS METALS Gold $4084.50 +0.33% | Bias: NEUTRAL | Key: $4050/$4150 Silver $58.67 +0.87% | Bias: NEUTRAL-BEARISH | Key: $57.00/$61.00 Platinum $1606.90 +1.93% | Bias: NEUTRAL | Key: $1580/$1650 Precious metals show intraday strength but suffered sharp weekly declines, with silver dropping 5.25% settlement-to-settlement. Gold maintains psychological $4000 level despite 1.70% weekly loss. PGMs outperform with platinum and palladium recovering 1.93% and 1.45% respectively. Copper gains 1.51% suggesting industrial demand stability.
WTI $73.62 +0.14% | Bias: LONG | Key: $71.50/$76.00 Brent $78.20 +0.23% | Bias: LONG | Key: $76.00/$80.50 Spread: $4.58 (elevated, favoring Brent supply tightness) Natural Gas $3.22 +0.25% | Bias: NEUTRAL | Key: $3.10/$3.35 Crude oil rallies strongly with WTI up 7.40% and Brent up 8.63% weekly on escalating geopolitical tensions and potential supply disruptions. Widening Brent-WTI spread to $4.58 indicates European supply concerns outpacing U.S. dynamics. Natural gas consolidates near $3.20. 🌾 AGRICULTURE Corn $452.25 +4.03% — Leading grains higher on weather concerns impacting pollination across Midwest growing regions. Wheat $603.00 +0.58% — Modest gains as Black Sea export corridor remains operational despite regional tensions. Soybeans $1190.75 -0.36% — Slips marginally on Chinese demand uncertainty offsetting U.S. acreage adjustments.
LONG: WTI Crude — Geopolitical premium expanding — Entry $73.50 — SL $70.80 — TP $77.20 LONG: Corn — Weather deterioration during critical growth phase — Entry $451.00 — SL $442.50 — TP $468.00 SHORT: Silver — Overextended relative to gold, weekly reversal signal — Entry $58.50 — SL $60.80 — TP $54.20
Fed policy pivot expectations could
🛢️ COMMODITIES SUMMARY Commodities trade mixed as crude surges 8% weekly on Middle East supply concerns while precious metals retreat from recent highs despite gold holding above $4000
Fed policy pivot expectations could