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Unexpected Gold Movement Due to Sharp Increase in Japanese Yen
Gold prices in the European market on Thursday continued to decline for the second consecutive day, reaching their lowest level in two...
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Jul 26, 20241 min read

Gold Rises into Positive Territory Due to Slowing US Yields
Gold prices continued their upward trend in the European market on Wednesday, marking the second consecutive day of gains. This rise is...
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Jul 25, 20241 min read

Gold Price Reaches First Target – Forecast for July 23, 2024
Gold prices demonstrate a slight bullish bias after reaching our initial target of $2390.00. However, the stochastic indicator is clearly...
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Jul 23, 20241 min read

Gold Price Tests Initial Resistance – Forecast for July 22, 2024
Gold price has settled below the $2,410.90 level, marking the 38.2% Fibonacci correction level for the rise that started from the...
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Jul 22, 20241 min read

Gold Price Starts Bearish Correction: Forecast for July 19, 2024
Gold prices continued to decline, breaking below $2450.00 and settling under this level, initiating a bearish correction for the recent...
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Jul 19, 20241 min read

Gold Reaches New Record Highs on US Rate Outlook
On Tuesday, gold prices surged to fresh record highs as the dollar remained mostly flat against major currencies amid growing...
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Jul 17, 20241 min read


Gold Price Nears Target - July 16, 2024 Forecast
Yesterday, gold demonstrated clear positive trades as it nears our anticipated target of $2450. This strengthens expectations for a...
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Jul 16, 20241 min read


Gold Price Needs Further Positive Momentum – July 15, 2024 Forecast
Gold price remains above the $2400.00 barrier, awaiting additional positive momentum to continue its rise and reach our next target of...
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Jul 15, 20241 min read

Oil Price Rebound As Dollar Weakens
Oil prices rose on Thursday, marking a second consecutive day of gains and moving away from two-week lows as the dollar experienced...
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Jul 12, 20241 min read

Gold Continues Gains Ahead of Powell's Testimony
Gold prices rose on Tuesday during European trading, reaching six-week highs as the dollar weakened against a basket of major currencies....
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Jul 10, 20241 min read

Gold Prices Drop Over 1% Due to Profit-Taking
Gold prices declined on Monday as the dollar strengthened against most major currencies, while traders took profits. Fed Chair Jerome...
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Jul 9, 20241 min read

Oil Prices Surge After Significant Drop in US Stocks
Oil prices surged on Wednesday, extending gains following a significant drawdown in US inventory data. The Energy Information...
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Jul 4, 20241 min read

Gold Steady as Dollar Remains Flat
Gold prices remained relatively unchanged on Monday as the dollar stabilized against most major currencies ahead of key payroll data...
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Jul 2, 20241 min read

Oil Prices Rise Amid Increasing Middle East Tensions
Oil prices rose in European trading on Thursday, marking a second consecutive gain and approaching two-month highs amid escalating...
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Jun 28, 20241 min read

US Crude Falls from Two-Month High Ahead of Inventory Data Release
Global oil prices declined during American trading on Tuesday, with US crude retreating from two-month highs and Brent dipping below $85...
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Jun 26, 20241 min read


Commodity Trading: Factors Influencing Agricultural Prices
What is Agricultural Commodity? An agricultural commodity refers to a raw product directly sourced from farming activities, which is...
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Jun 26, 20243 min read

Gold Prices Receive Bearish Momentum - June 25, 2024 Forecast
Gold prices have been trading within a tight range since yesterday, with the stochastic indicator now beginning to overlap negatively....
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Jun 25, 20241 min read

Gold Prices Return to Corrective Bearish Trend – June 24, 2024 Forecast
Gold prices closed last Friday below the $2340.10 level, re-entering a corrective bearish trend with the next target at $2272.06,...
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Jun 24, 20241 min read

US Crude Oil Inventories Decline Last Week
The Energy Information Administration reported a decline in US crude oil inventories by 2.5 million barrels last week, bringing the total...
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Jun 21, 20241 min read

Gold Reverses Lower as Dollar Stabilizes
Gold prices dipped on Wednesday following weak US retail sales data, increasing the likelihood of a Federal Reserve interest rate cut...
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Jun 20, 20241 min read
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