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yeesin6
Jul 26, 20241 min read
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...
yeesin6
Jul 25, 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...
yeesin6
Jul 23, 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...
yeesin6
Jul 22, 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...
yeesin6
Jul 19, 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...
yeesin6
Jul 17, 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...
yeesin6
Jul 16, 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...
yeesin6
Jul 15, 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...
yeesin6
Jul 12, 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...
yeesin6
Jul 10, 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....
yeesin6
Jul 9, 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...
yeesin6
Jul 4, 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...
yeesin6
Jul 2, 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...
yeesin6
Jun 28, 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...
yeesin6
Jun 26, 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...
yeesin6
Jun 26, 20243 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...
yeesin6
Jun 25, 20241 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....
yeesin6
Jun 24, 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,...
yeesin6
Jun 21, 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...
yeesin6
Jun 20, 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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