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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.

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.
21.06.2024

Gold rises amid weak US statistics

Gold rises amid weak statistics
20.06.2024

Brent moderately corrects after the American Petroleum Institute (API) report

Brent crude oil prices are moderately correcting after actively rising in the previous days, driven by data published by the American Petroleum Institute (API).
18.06.2024

Gold is correcting, facing pressure from a strong US dollar

Gold prices continue to correct after reaching an all-time high of 2,450 USD, with the currently strengthening US dollar exerting the strongest pressure on the precious metal.
17.06.2024

Oil is on the rise following last week’s OPEC report release

Brent crude oil price forecast and analysis for today - 17 June 2024