Commodities
Enhance your commodity trading performance with our daily analyses and forecasts. We provide timely information on a core list of commodities: XAUUSD (Gold) and Brent crude oil.
In this section, you will find predictions of market trends and price movements based on both fundamental and technical analysis. We draw on economic indicators, geopolitical events, global supply levels, and other fundamental factors to forecast market developments.
This knowledge will help you make informed trading decisions, minimise risk and capitalise on market opportunities. Our commodity forecasts are accessible to traders of all levels, providing valuable insights and relevant analytics to help you achieve your financial goals in the commodities market.
21.08.2024
Gold forecast: XAUUSD is trading above 2,500 USD; the market awaits the Fed’s minutes
XAUUSD price continued its surge on Tuesday, reaching a new annual and all-time high of 2,532 USD. Today, the market’s focus is on the release of the Federal Reserve minutes. Find out more in our XAUUSD analysis for today, 21 August 2024.
20.08.2024
Brent crude oil is trading below 77.00 USD; focus on the API oil stock data today
Brent price has been falling for the third consecutive trading session amid declining economic activity in China and the Middle East negotiations. Find out more in our Brent analysis for today, 20 August 2024.
19.08.2024
Gold (XAUUSD) reaches an all-time high, trading above 2,500 USD per troy ounce
XAUUSD price surged on Friday, reaching new annual and all-time highs of 2,483 USD. A rise in gold prices is driven by fundamental factors. Find out more in our XAUUSD analysis for today, 19 August 2024.
16.08.2024
Gold (XAUUSD) analysis: gold is poised for a surge to new all-time highs
Gold has the potential to rise to 2,500 USD. With no significant news expected today, market participants are awaiting US Federal Reserve Chair Jerome Powell’s speech. His words will be closely scrutinised for any hints about how the Fed’s chair assesses the economy following the release of weaker-than-expected indicators.
14.08.2024
Easing inflation and expectations for a Federal Reserve interest rate cut support gold (XAUUSD)
XAUUSD quotes are testing the upper boundary of a triangle pattern, which may lead to a breakout. Find out more in our analysis dated 14 August 2024.
13.08.2024
Gold (XAUUSD) holds around record highs
XAUUSD price remains elevated. Find out more in our XAUUSD analysis for today, 13 August 2024.
12.08.2024
Brent analysis: the price approached a key level of 80 USD per barrel
After declining sharply, Brent crude oil continues to correct in anticipation of energy market forecasts from the OPEC and the International Energy Agency (IEA). Given political uncertainty in the Middle East, the Brent price forecast is moderately optimistic.
09.08.2024
Gold (XAUUSD) rises moderately, returning to the price area above 2,400 USD
XAUUSD price reversed upwards and closed yesterday’s session with a moderate gain, establishing a foothold above 2,400. The upward movement may continue. Find out more in our XAUUSD analysis for today, 9 August 2024.