Commodities
Enhance your commodity trading performance with our comprehensive daily analyses. In this section, you'll find in-depth reviews of market trends and price shifts specifically designed for traders who prefer a combination of fundamental and technical analysis of commodities. Immerse yourself in detailed evaluations of the energy and metal markets and gain insights to help you understand and predict market movements. This knowledge is essential for making well-informed decisions in commodities trading, empowering you to navigate the market's complexities effectively.
11.10.2024
Gold (XAUUSD) reversed upwards from 2,600 USD
XAUUSD price has completed a downward correction, with the chart showing an upward reversal. The market will focus on the US Producer Price Index (PPI) data. More details and insights are available in our XAUUSD analysis for today, 11 October 2024.
10.10.2024
Silver (XAGUSD) prices corrected towards 30.00 USD
XAGUSD prices are trading within a downward correction, edging down to the support area near 30.00 USD. The focus is now on US inflation data. Our XAGUSD analysis for today, 10 October 2024, provides further details and insights.
09.10.2024
Gold (XAUUSD) continues to correct, falling to the area near 2,600 USD
The XAUUSD price continues to correct downwards following Friday’s positive US labour market data release. Today’s market focus is on the Fed meeting minutes. Our XAUUSD analysis for today, 9 October 2024, provides further details and insights.
08.10.2024
Brent declines moderately following a surge to 81.00 USD
Brent prices surged to 81.00 USD amid increasing tensions in the Middle East. Growth may continue after a minor correction. Find out more in our Brent analysis for today, 8 October 2024.
07.10.2024
Gold (XAUUSD) is correcting downwards after strong nonfarm payrolls data
XAUUSD price is moderately correcting downwards after Friday’s positive US employment market data release, while a triangle pattern continues forming on the chart. Read our XAUUSD analysis for today, 7 October 2024, for more detailed insights.
04.10.2024
Gold (XAUUSD) reversed upwards ahead of Nonfarm Payrolls
The XAUUSD price reversed upwards, forming a Triangle pattern. Today, the key focus for market participants is the US employment data – read our XAUUSD analysis for today, 4 October 2024, for more detailed insights.
03.10.2024
Silver (XAGUSD) corrects down from resistance at 32.30 USD
The XAGUSD price failed to overcome the resistance at 32.30 USD yesterday and entered a downward correction. Tomorrow, market participants will focus on US labour market data. Read about it in our XAGUSD analysis for today, 3 October 2024.
02.10.2024
Gold (XAUUSD) reverses down from resistance at 2,670 USD
Gold (XAUUSD) experienced a reversal after attempting to break through the resistance at 2,670 USD. Today, market participants will shift their focus to the US labour market data from ADP, which could significantly impact the XAUUSD outlook. Read more in our analysis for today, 2 October 2024.