Commodities

Gold Price Head and Shoulders Back in Focus – More Weakness to Come

Gold price was rejected from dynamic resistance, just as the dollar weakness stopped. In fact, if we are to put…

Feb 17, 2021, 08:14 GMT

Gold Price Outlook: XAU/USD In Danger of Dropping Below $1800

Gold prices have resumed the downward move after US bond yields spiked more than 4% on Tuesday. The spike in…

Feb 16, 2021, 17:03 GMT

Silver Price Outlook: XAG/USD Could Face An Uphill Task Overcoming the $28.00 Resistance

A surge in bond yields has led to silver price retreating from intraday highs of 27.952. The small gains posted…

Feb 16, 2021, 16:07 GMT

Copper Price Could Hit $4/Pound As Credit Suisse Analysts Remain Bullish

Copper price could be on its way to posting 9-year highs if the bulls continue to push prices close to…

Feb 16, 2021, 14:14 GMT

Gold Price at Key Confluence Area – Make or Break Moments

Gold price does not follow the lower dollar theme seen across the FX dashboard. Instead, it barely holds above horizontal…

Feb 16, 2021, 09:05 GMT

Crude Oil Price Holds $60 but Meets Dynamic Resistance

The main theme of the trading year so far is the remarkable rise in crude oil price. The price broke…

Feb 16, 2021, 08:08 GMT

Norway Strike Could Send Crude Oil Prices Above $64

Crude oil prices extended their rally on Monday, as threats of a strike action in Norway by a section of…

Feb 15, 2021, 16:00 GMT

Gold Price Still Unable to Overcome Important Resistance

In a world where the dollar keeps falling against the Euro, AUD, or GBP, and where the crude oil price…

Feb 15, 2021, 09:51 GMT

Crude Oil Breaks Above $60 in a Furious Move Higher

Crude oil did it – it broke above the $60 level after it consolidated in a triangular pattern. It appears…

Feb 15, 2021, 09:21 GMT

Gold Price Outlook: A Decline Below 1800 Is Still On the Cards

The US Dollar suffered a sharp reversal late in the New York session, triggering a rally in the XAU/USD pair…

Feb 12, 2021, 20:03 GMT