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.
16.10.2024
Gold (XAUUSD) continues its ascent, rising to 2,670 USD
XAUUSD price has completed a downward correction and is steadily moving upwards. Growth is expected to continue, with the price reaching a new historical maximum of 2,685 USD. Find out more in our XAUUSD analysis for today, 16 October 2024.
15.10.2024
Brent is falling below 75.00 USD following the OPEC report
Brent prices plummeted to 74.00 USD amid the release of the OPEC report and easing tensions in the Middle East. Find out more in our Brent analysis for today, 15 October 2024.
14.10.2024
Gold (XAUUSD) continues its ascent, rising above 2,650 USD
XAUUSD price has completed a downward correction and decisively reversed upwards. The price is expected to continue ascending and potentially hit a new all-time high of 2,685 USD. Discover more in our XAUUSD analysis for today, 14 October 2024.
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.