This website uses cookies
We use cookies to target and personalize content and ads, to provide social media features and to analyse our traffic. We also share information about your use of our site with our social media, advertising and analytics partners who may combine it with other information that you've provided to them and that they've collected from your use of their services. You consent to our cookies if you continue to use this website. Learn more
Allow Disallow

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.

15.07.2024

Brent crude oil continues to correct amid lower consumption in China

After pulling back, Brent continues to trade around 84.50. The Federal Reserve chair’s speech may trigger a further correction.
12.07.2024

Brent crude oil prices rise amid decreased US inventories

Oil prices have risen for the third consecutive day due to a decline in inventories and an upward revision in the IEA demand outlook.
11.07.2024

Gold (XAUUSD) is rising for the third consecutive day

Gold prices are rising, with investors awaiting inflation data to understand the timing of the first Federal Reserve interest rate cut.
10.07.2024

Brent crude oil prices await data on oil reserves

The price continues a corrective wave ahead of the crude oil reserves data release. Negative data may trigger a new growth wave.
09.07.2024

Gold (XAUUSD) prices rise ahead of the Federal Reserve chair’s speech

Gold prices are rising on Tuesday, 9 July 2024, partially recouping Monday’s losses. The 2,350 level serves as strong support.
08.07.2024

Brent crude oil is in a consolidation phase as investors factor risks into prices

The commodity market has started the week on a neutral tone, with prices reflecting decreasing geopolitical risks and a US economic slowdown.
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.