Oil struggles to make gains despite trade optimism
Crude oil prices shifted into a consolidation mode on Wednesday after a local rebound yesterday.
Gold remains in a downtrend channel but may trim losses
Gold prices dipped to two-week lows on Tuesday after four days of losses.
Oil needs to confirm a breakout
Brent crude extends gains for a third day in a row
Gold could regain upside momentum due to trade troubles
Gold prices registered two-week highs above the $1,478 on Wednesday but failed to preserve gains
Oil prices remain vulnerable amid trade uncertainty
Crude oil prices failed to preserve gains and got back below the $63 handle.