Commodities

Gold Price at Support Before the Fed Statement Today

Gold price, as other dollar markets as well, just consolidated in the past weeks. It appears that the markets wait…

Jan 27, 2021, 08:12 GMT

Gold Price Forecast: Cup and Handle Hints at Further Upside

Gold price is struggling today as investors continue to question its demand as Bitcoin and other cryptocurrencies become more influential.…

Jan 26, 2021, 08:47 GMT

Brent Crude Oil Price Could Face a Steep Fall If…

Hopes that have been driven by US stimulus remain the main factor supporting crude oil price on the Brent benchmark.…

Jan 25, 2021, 15:38 GMT

Crude Oil Price Drops to 2-Week Lows on Higher-than-Expected Inventories

Crude oil prices pulled back to the $54.50 mark, just below the 18 January low. However, bulls have come in…

Jan 22, 2021, 16:49 GMT

Crude Oil Price Outlook: Brent Crude Targets $60, But A Barrier Remains

Crude oil price on the Brent crude benchmark resumed its uptrend move after yesterday's dip following an unexpected build-up of…

Jan 21, 2021, 18:15 GMT

Crude Oil Price – Triple Top or Ascending Triangle?

The crude oil price had a great start to the year. It is one of the assets that gained the…

Jan 21, 2021, 11:25 GMT

Copper Price Shoots Higher; Triangle Points to Further Upside

Copper prices look set to post a third straight day of gains as a weaker US Dollar and risk sentiment…

Jan 20, 2021, 17:13 GMT

Crude Oil Price Outlook: $60 Firmly on the Cards As Joe Biden Takes Office

Crude oil price has benefitted from the risky sentiment that has followed the testimony of the incoming US Treasury Secretary,…

Jan 20, 2021, 14:33 GMT

Gold Price Ready for a New Leg Lower – $1,650 Next

Gold price forms a massive head and shoulders pattern on the daily chart, one that should act as a continuation…

Jan 20, 2021, 09:50 GMT

Crude Oil Price Forecast: What is the Path of Least Resistance?

Crude oil price is rising today as investors increase their bets on more stimulus in the United States. They are…

Jan 20, 2021, 08:28 GMT