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Silver shines as commodities rally across the board

Discussion in 'Technical Analysis' started by FXStreet_Team, Apr 12, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    It has been another good day for commodities, even if the dollar has rebounded modestly against some of the major currency pairs. Crude oil prices have advanced another 4 per cent to fresh 2016 highs on the back of a report that said Saudi Arabia and Russia have agreed to a production freeze ahead of the much-anticipated meeting between the OPEC and some non-OPEC members on Sunday. Gold, which had rallied strongly yesterday, turned modestly lower as safe haven assets took a backseat while

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