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.
XCU/USD statistical and technical analysis
XCU
-1.34%
October 25 2021 🕓 3 min

XCU/USD statistical and technical analysis

The change in inventory by LME warehouses is still negative after almost a month. The negative correlation of this indicator thus confirms the positive momentum of the price for the last month. The current price of XCU/USD - Copper Spot US Dollar is 4.526 (October 22, 2021). Therefore, we will now look at statistical and technical analyzes.
XAU/USD statistical and technical analysis
XAU
0.48%
October 18 2021 🕓 3 min

XAU/USD statistical and technical analysis

After a positive development at the beginning of the week, almost all weekly gold gains were hammered down on Friday. However, it is still above an important level of support. The current price of XAU/USD - Gold Spot US Dollar is 1 767 (October 15, 2021). Let’s now look at statistical and technical analyzes.
Silver soars 2% despite rising inflation & rate hike expectations
XAG
-0.14%
October 13 2021 🕓 3 min

Silver soars 2% despite rising inflation & rate hike expectations

Silver rose sharply today against all odds and the outlook is starting to look a bit more optimistic.

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XPT/USD statistical and technical analysis
XPT
0.64%
October 9 2021 🕓 3 min

XPT/USD statistical and technical analysis

Platinum metal is mostly used in autocatalysts, jewellry, as well as for medical and industrial purposes. Rising inflation could also support its market price. The current price of XPT/USD – Platinum Spot US Dollar is 1 026.11 (October 08, 2021). Let us, therefore, now turn to statistical and technical analyzes.
XPD/USD statistical and technical analysis
XPD
-0.78%
October 2 2021 🕓 3 min

XPD/USD statistical and technical analysis

As there is a shortage of semiconductor around the world, car production is slowing and the price of metals used mainly in gasoline engine filters is weakening. The current price of XPD/USD - Palladium Spot US Dollar is 1 919 (October 01, 2021). However, it is currently traded in an important zone. Let’s turn to statistical and technical analyzes.
Gold drops to six-week lows amid surging yields
XAU
0.48%
September 28 2021 🕓 3 min

Gold drops to six-week lows amid surging yields

Rising yields sent the bullion sharply lower, and the technical situation continues to look bearish.
Crude Oil (WTI) statistical and technical analysis
WTIOIL
-2.02%
September 26 2021 🕓 3 min

Crude Oil (WTI) statistical and technical analysis

The change in the number of crude oil barrels held in inventory has been falling for seven weeks in a row. The lack of supply also pushes the price higher. The current price of Crude Oil (WTI) is 73.98 (September 24, 2021). This commodity is currently aimed at testing this year’s highs. Let us therefore look at statistical and technical analyzes.
Silver forms a bullish reversal pattern
XAG
-0.14%
September 21 2021 🕓 3 min

Silver forms a bullish reversal pattern

Silver was beaten down notably, but are bulls getting ready for a comeback? We think so.
XAU/USD statistical and technical analysis
XAU
0.48%
September 18 2021 🕓 3 min

XAU/USD statistical and technical analysis

Better than expected US retail sales data pushed the US dollar up. As a result, the price of precious metals has fallen. The current price of XAU/USD - Gold Spot US Dollar is 1 754 (September 18, 2021). This commodity is currently being traded again in an important area. Let’s now look at statistical and technical analyzes.

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XCU/USD statistical and technical analysis
XCU
-1.34%
September 13 2021 🕓 3 min

XCU/USD statistical and technical analysis

The change in inventories in the London Metal Exchange (LME) warehouses is positive again after 3 weeks. If it further rises, the market price could continue its short-term decline. The current price of XCU/USD - Copper Spot US Dollar is 4.343 (September 13, 2021). Therefore, we will now look at statistical and technical analyzes.
XAG/USD statistical and technical analysis
XAG
-0.14%
September 4 2021 🕓 3 min

XAG/USD statistical and technical analysis

Yesterday’s Non-Farm Employment change disappointed market participants, causing major precious metals to move higher. The current price of XAG/USD - Silver Spot US Dollar is 24.69 (September 03, 2021). The price of a commodity is approaching an important level. We will therefore move on to statistical and technical analyzes.
How does gold and silver look after the dump?
XAU
0.48%
September 2 2021 🕓 2 min

How does gold and silver look after the dump?

Few weeks ago, we saw a major crash in the commodity markets, with gold and silver losing value significantly. Were these assets able to recover from the crash and where are they heading now?