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.
24.09.2024
Brent crude oil continues its upward correction, trading near 74.00 USD
The Brent price is experiencing an upward correction, bolstered by investor optimism following the recent Fed rate cut. However, despite the current correction, the overall trend remains downward, and further declines are possible. For more detailed insights, read our Brent analysis and market outlook for today, 24 September 2024.
23.09.2024
Gold (XAUUSD) continues its upward rally, rising above 2,600 USD
The XAUUSD price reached another all-time high at 2,630 USD at the beginning of the week. The gold trend is upward, but a downward correction is possible – read about it in our XAUUSD analysis for today, 23 September 2024.
20.09.2024
XAUUSD forecast: gold trades near the annual high of 2,600 USD after the Fed rate cut
The XAUUSD price hit another historic high at 2,600 USD after the US Federal Reserve cut the interest rate by 0.5%. The current trend of XAUUSD is upward, and further upward movement may continue. For more information, check out our XAUUSD forecast for today, 20 September 2024.
19.09.2024
Brent continues an upward correction, rising above 73.00 USD
Brent’s price is trading within an upward correction, supported by investor optimism amid the Federal Reserve interest rate cut. However, subsequently, the decline may still continue. Find out more in our Brent analysis for today, 19 September 2024.
18.09.2024
Gold (XAUUSD) trades near highs ahead of the Fed rate decision
XAUUSD price remains near annual highs, awaiting the US Federal Reserve interest rate decision. Its announcement and the press conference of the Federal Reserve chair may give fresh momentum to the stock price. Find out more in our XAUUSD analysis for today, 18 September 2024.
17.09.2024
Brent continues its upward correction, rising above 72.00 USD
Brent price fell impressively within the downtrend last week. The price has now gone into an upward correction, but once it is complete, the decline could continue. Find out more in our Brent analysis for today, 17 September 2024.
16.09.2024
Gold (XAUUSD) continues its upward rally, with the nearest target at 2,600 USD
XAUUSD price broke above the sideways range following the US PPI release last week, surpassing its all-time high of 2,532 USD. Now the uptrend continues. Find out more in our XAUUSD analysis for today, 16 September 2024.
13.09.2024
Gold (XAUUSD) is rising rapidly, reaching a new all-time high of 2,532 USD
XAUUSD price exited a sideways range yesterday, subsequently surpassing an all-time high of 2,532 USD. Gold may continue its ascent. Find out more in our XAUUSD analysis for today, 13 September 2024.