Commodities
Enhance your commodity trading performance with our daily analyses and forecasts. We deliver timely insights on core 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 Brent and XAUUSD 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.
05.07.2024
Gold (XAUUSD) is strengthening ahead of the nonfarm payrolls release
Gold price is steadily rising, with market participants focusing on today's US employment market data – nonfarm payrolls and the unemployment rate.
04.07.2024
Brent halted its growth at 87.00
Rising oil prices failed to overcome the resistance at the 87.00 level on the fly; bears are attempting to seize the initiative and reverse the price.
03.07.2024
Gold (XAUUSD) is consolidating within a narrow range ahead of the ADP data
Gold is trading within a narrow sideways range; market participants are awaiting today’s US ADP Research Institute employment data.
02.07.2024
Brent is rising moderately, with the focus on the API and EIA data
Brent crude oil price continues to strengthen after breaking above a sideways range. Market participants are awaiting the US crude oil stock statistics.
01.07.2024
Gold (XAUUSD) is rising after receiving buyer support at 2,300 USD
Gold reversed upwards at the end of last week after receiving active support from buyers at 2,300 USD per troy ounce.
28.06.2024
Brent continues its ascent, exiting a sideways range
Brent crude oil price is rising on Friday, surpassing the upper boundary of the sideways price range.
27.06.2024
Gold continues to decline, with US GDP data in focus
Gold is moving within a downward correction on Wednesday, falling below 2,300 USD per troy ounce.
26.06.2024
Brent is trading within a range; market participants are awaiting EIA data
Brent is trading within a limited price range at the beginning of the week. Market participants are awaiting the release of the US crude oil stock statistics.