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.
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.
01.10.2024
Brent crude oil declines moderately, falling below 72.00 USD
Brent price failed to overcome the resistance level at 75.00 USD last week and turned downwards. The daily trend is downward, and the decline may continue - read about it in our Brent analysis for today, October 1, 2024.
30.09.2024
Gold (XAUUSD) enters a local correction towards the historical high of 2,685 USD
As part of a localised downward correction, the XAUUSD price dipped below 2,650 USD. This week, market participants will focus on US labour market data. For more details, read our XAUUSD analysis, including signals, news, and outlook for today, 30 September 2024.
27.09.2024
Gold (XAUUSD) corrects down from an all-time high at 2,685 USD
The XAUUSD price set another all-time high yesterday at 2,685 USD. Today, market participants will focus on the US inflation growth rate data - read about it in our XAUUSD analysis for today, 27 September 2024.
26.09.2024
Brent crude oil turns down from resistance at 75.00 USD
The Brent crude oil price failed to overcome the 75.00 USD mark and fell to the area around 70.00 USD. According to our Brent forecast, the daily trend remains downward, signalling that the decline may continue. Read our Brent analysis for today, 26 September 2024, for further insights.
25.09.2024
Gold (XAUUSD) continues its upward rally; price climbs above 2,650 USD
The XAUUSD price reached a new all-time high this morning at 2,670 USD. The trend for gold remains upward, though a downward correction may start soon – read about it in our XAUUSD analysis for today, 25 September 2024.