Tag: commodities

Gold, wheat, corn and many others are commodities that are crucial in our world. Our team closely watches this financial category and always brings the best analysis to our readers.
XAU/USD statistical and technical analysis
XAU
0.48%
December 6 2021 🕓 3 min

XAU/USD statistical and technical analysis

If we see a global decline in the financial markets, gold could also fall in the first phase, as investors start to run for cash. Later, the price could rebound and rise. The current price of XAU/USD - Gold Spot US Dollar is 1 784 (December 05, 2021). Let’s now look at statistical and technical analyzes.
XPT/USD statistical and technical analysis
XPT
0.64%
November 29 2021 🕓 3 min

XPT/USD statistical and technical analysis

Recent fundamentals of supply and demand for platinum give us a negative view of this commodity as demand has declined globally and supply levels have risen. The current price of XPT/USD – Platinum Spot US Dollar is 953.68 (November 27, 2021). Let us therefore now turn to statistical and technical analyzes.
Oil trying to erase Friday’s huge losses
WTIOIL
-2.02%
November 29 2021 🕓 3 min

Oil trying to erase Friday’s huge losses

Volatility in the markets continues to be elevated and oil is trying to bounce back after Friday's massacre.

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Gold falls to previous highs; bulls must reappear to defend the uptrend
XAU
0.48%
November 22 2021 🕓 3 min

Gold falls to previous highs; bulls must reappear to defend the uptrend

An impressive battle between bulls and bears is expected in the 1,830 USD area.
XPD/USD statistical and technical analysis
XPD
-0.78%
November 18 2021 🕓 3 min

XPD/USD statistical and technical analysis

Palladium is currently heading for a level of resistance after rebounding from an important support zone. The price of XPD/USD - Palladium Spot US Dollar is 2 156 (November 17, 2021). Will the market clear part of the nearly 40% decline? Let us now look at statistical and technical analyzes.
Gold settles above 1,850 USD
XAU
0.48%
November 13 2021 🕓 2 min

Gold settles above 1,850 USD

The metal corrected some of its gains today, but the medium-term ascending trend remains intact.
Can gold and silver aim for new ATHs?
XAG
-0.14%
November 12 2021 🕓 2 min

Can gold and silver aim for new ATHs?

This week has probably been one of the crucial weeks for the two primary commodities. What happened, and how did it affect gold and silver?
AUD/USD drops to one-month lows after Chinese inflation numbers
AUDUSD
1.51%
November 10 2021 🕓 3 min

AUD/USD drops to one-month lows after Chinese inflation numbers

The Aussie remains in its slow downtrend, dropping to new swing lows today.
Crude Oil (WTI) statistical and technical analysis
WTIOIL
-2.02%
November 8 2021 🕓 3 min

Crude Oil (WTI) statistical and technical analysis

The current price of Crude Oil (WTI) is 82.40 (November 08, 2021). The first reaction of the WTI price after the Joint Ministerial Monitoring Committee (JMMC) supported the decision of OPEC to ease cuts by 400 thousand in December was a decline. However, the price is again above 80 USD. Let us, therefore, look at statistical and technical analyzes.

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Aussie craters after dovish RBA decision
AUDUSD
1.51%
November 3 2021 🕓 3 min

Aussie craters after dovish RBA decision

The RBA smashed the Australian dollar today, will it recover, or has the pair peaked?
XAG/USD statistical and technical analysis
XAG
-0.14%
November 1 2021 🕓 3 min

XAG/USD statistical and technical analysis

Rising inflation around the world could motivate bulls in precious metals. However, if global stock markets fall, we may also see a correlated decline in metals. The current price of XAG/USD - Silver Spot US Dollar is 23.85 (October 29, 2021). So let’s move on to statistical and technical analyzes.
Gold remains below long-term uptrend line
XAU
0.48%
October 29 2021 🕓 3 min

Gold remains below long-term uptrend line

Gold failed to capitalize on the weaker dollar and remains below 1,800 USD. Is the short-term bullish momentum over?