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.
20.11.2024
Gold (XAUUSD) reversed upwards, securing above 2,600 USD
XAUUSD prices formed an upward reversal on the daily chart, closing the previous day at around 2,630 USD. Growth may continue following a slight correction. More details in our XAUUSD analysis for today, 20 November 2024.
19.11.2024
Brent oil rose above 73.00 USD, driven by the escalation in the Middle East
Brent prices are strengthening during the Asian session due to another escalation of the conflict in the Middle East. Find out more in our Brent analysis for today, 19 November 2024.
18.11.2024
Gold (XAUUSD) reverses upwards, securing above 2,550 USD
XAUUSD prices declined to 2,536 USD within a correction last week, where they encountered strong demand and formed a local upward reversal. More details in our XAUUSD analysis for today, 18 November 2024.
15.11.2024
Gold (XAUUSD) has found support and attempts to reverse upwards
XAUUSD prices plunged to 2,536 USD within a correction amid the significant strengthening of the US dollar. The asset encountered strong demand at this level and is attempting a reversal upwards. Find out more in our XAUUSD analysis for today, 15 November 2024.
14.11.2024
Silver (XAGUSD) prices continue to correct, falling below the 30.00 USD mark
XAGUSD continues to trade within a downward correction. The pair is under pressure due to the strengthening of the US dollar after the US election. More details in our XAGUSD analysis for today, 14 November 2024.
13.11.2024
Gold (XAUUSD) drops to the 2,600 USD support level
XAUUSD prices continue trading within a corrective trend following Trump’s victory in the US election. The asset has found temporary support at the 2,600 USD level. More details in our XAUUSD analysis for today, 13 November 2024.
12.11.2024
Brent tumbles, falling below 72.00 USD
Brent prices declined moderately during the Asian session. Market participants are awaiting the release of the OPEC monthly report today. Find out more in our Brent analysis for today, 12 November 2024.
11.11.2024
Gold (XAUUSD) continues to correct, trading below 2,670 USD
XAUUSD prices remain within a correction following Donald Trump’s victory in the US election. The asset attempted to reverse upwards from the 2,643 USD support level but is now declining again. More details in our XAUUSD analysis for today, 11 November 2024.