Commodities

Gold Price – XAUUSD Form Inverse Head and Shoulders Hinting At A Potential Rally

Inverse Head and Shoulders Spotted on XAUUSD After gold price skyrocketed in the last few trading days of 2019, XAUUSD…

Jan 20, 2020, 05:07 GMT

Crude Oil Prices Slightly Higher Amid Positive China Data; Trade Deal

Crude oil prices are slightly higher in muted Friday trading on the back of several positive data from China. Data…

Jan 17, 2020, 15:06 GMT

Gold Price Consolidation Continues Looking for the Next Catalyst

Gold price started the trading session 0.20% higher at 1555 as the precious metal consolidation phase continues. Risky assets were…

Jan 17, 2020, 09:07 GMT

Crude Oil Price Lower Despite Drop in Inventories; Technicals Still Bullish

Crude Oil Price in the Red Despite Fall in Inventories Crude oil prices were little changed despite yesterday’s inventories report…

Jan 16, 2020, 06:00 GMT

Gold Prices About to Rally to $1,600.00?

Bullish Confirmation on the Daily Chart of Gold Since tensions in the Middle East died down, it has been a…

Jan 16, 2020, 05:00 GMT

EIA Report Shows Lower than Expected Drop in Crude Oil Inventories

The US crude oil inventories dropped more than expected, according to the latest weekly report by the Energy Information Administration…

Jan 15, 2020, 16:00 GMT

XAGUSD: Silver Prices Higher, Strong Base at $17.57

Silver price (XAGUSD) trades 0.67% higher at $17.89 as investors position themselves to get more clarity on the terms and…

Jan 15, 2020, 15:14 GMT

Crude Oil Prices Due for a Rebound? Doji Spotted on Trend Line Support!

WTI crude oil price CFDs finished higher for the first time in seven days yesterday. It bottomed at $57.71 and…

Jan 15, 2020, 05:00 GMT

Gold Prices Form A Hammer at Previous Highs. Should We Brace For A Rally to $1,600.00?

Hammer at Previous Highs and Fib Level Gold prices initially traded lower early in yesterday’s Asian trading session. XAUUSD dropped…

Jan 15, 2020, 03:59 GMT

Crude Oil Price Tests Critical Support Ahead of API Inventories Report

Crude oil prices continued to slide despite the market’s risk appetite. WTI crude oil CFDs dropped 79 cents in yesterday’s…

Jan 14, 2020, 08:00 GMT