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  2. Market analysis
  3. Commodities

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.

19.08.2024

Gold (XAUUSD) reaches an all-time high, trading above 2,500 USD per troy ounce

XAUUSD price surged on Friday, reaching new annual and all-time highs of 2,483 USD. A rise in gold prices is driven by fundamental factors. Find out more in our XAUUSD analysis for today, 19 August 2024.
16.08.2024

Gold (XAUUSD) analysis: gold is poised for a surge to new all-time highs

Gold has the potential to rise to 2,500 USD. With no significant news expected today, market participants are awaiting US Federal Reserve Chair Jerome Powell’s speech. His words will be closely scrutinised for any hints about how the Fed’s chair assesses the economy following the release of weaker-than-expected indicators.
14.08.2024

Easing inflation and expectations for a Federal Reserve interest rate cut support gold (XAUUSD)

XAUUSD quotes are testing the upper boundary of a triangle pattern, which may lead to a breakout. Find out more in our analysis dated 14 August 2024.
13.08.2024

Gold (XAUUSD) holds around record highs

XAUUSD price remains elevated. Find out more in our XAUUSD analysis for today, 13 August 2024.
12.08.2024

Brent analysis: the price approached a key level of 80 USD per barrel

After declining sharply, Brent crude oil continues to correct in anticipation of energy market forecasts from the OPEC and the International Energy Agency (IEA). Given political uncertainty in the Middle East, the Brent price forecast is moderately optimistic.
09.08.2024

Gold (XAUUSD) rises moderately, returning to the price area above 2,400 USD

XAUUSD price reversed upwards and closed yesterday’s session with a moderate gain, establishing a foothold above 2,400. The upward movement may continue. Find out more in our XAUUSD analysis for today, 9 August 2024.
08.08.2024

Brent crude oil is rising amid decreased US EIA oil inventories

Brent price closed yesterday’s session with sustained growth, driven by statistics on decreased US oil inventories. Find out more in our Brent analysis for today, 8 August 2024.
07.08.2024

Gold (XAUUSD) undergoes downward correction, but growth potential remains

Although the XAUUSD price has dipped below 2,400 USD from its all-time high area, the uptrend persists, and growth may resume. Find out more in our XAUUSD analysis for today, 7 August 2024.