Commodities

Crude Oil Price Bullish Trend Continues – All Eyes on the $50 Level

Crude oil price had a nice bounce from the November lows. Coincidence or not, it bounced higher together with equities…

Jan 14, 2021, 10:10 GMT

Gold Price Prediction: Bearish Flag Points to Lower Breakout

Gold price is under intense pressure today even after relatively strong inflation numbers yesterday. The XAU/USD price is trading at…

Jan 14, 2021, 09:39 GMT

Silver Price Outlook: XAGUSD Could Drop To $22 – Commerzbank

The Team head of FICC Technical Analysis and Research at Commerzbank is predicting that silver prices could make a sharp…

Jan 13, 2021, 15:22 GMT

Gold Price Short-Term Outlook: A Drop to $1,765 is Possible

Gold price is crawling back today after falling by more than 7% on Monday. The XAU/USD pair is trading at…

Jan 13, 2021, 07:44 GMT

Brent Crude Oil Price Targets $60 But 3 Key Risks Remain

Crude oil price jumped in the overnight session after the better-than-expected US inventories data. Brent, the global benchmark, rose to…

Jan 13, 2021, 07:17 GMT

Crude Oil Price Targets Pre-Pandemic Highs After Saudi Arabia Pledges Further Cuts

Crude oil price on the WTI and Brent crude benchmarks rose to 11-month highs after Saudi Arabia announced plans to…

Jan 12, 2021, 18:13 GMT

Gold Price Outlook: Is a Drop below $1850 Likely At This Point?

Gold price action on the XAUUSD chart shows that bulls have lost the momentum that they started the day with…

Jan 12, 2021, 17:03 GMT

Gold Price Bullish Reversal At Risk as It Meets Dynamic Resistance

Gold price bounced from the recent lows after it formed a triangle as a reversal pattern. In the meantime, it…

Jan 12, 2021, 11:42 GMT

Silver Price Outlook Ahead of Biden Stimulus Speech

The silver price is bouncing back today after it dropped by more than 10% yesterday. It is also in its…

Jan 12, 2021, 09:57 GMT

Crude Oil Price Slumps As New Lockdowns Trigger Demand Fears

New lockdowns in China amid rising coronavirus cases in the Hebei province have prompted a selloff in risky assets.  Crude…

Jan 11, 2021, 15:04 GMT