This section of analytics represents the forecast based on fundamental analysis for the most popular commodity futures.
Attention! Any information provided herein does not guarantee a positive trading result. Therefore, by using any of the contents in your trading activities, you take full responsibility for any result that may come from it. Please bear in mind, that forecasts are just that – forecasts, implying a possible significant error margin. Use the information provided at your own risk!
24.11.2016 - Commodity markets have stabilized against the background of the day off in the US
The price of gold continued to fall after the publication of statistics on the strong growth of durable goods orders by 4.8% in October against the forecast of 1.2%. This fact, together with the publication of the previous Fed’s meeting minutes have increased confidence in the Fed raising interest rates at the meeting on 13-14 December. The attractiveness of gold declines amid rising bond... Detail
23.11.2016 - Tensions on the oil market grows before the OPEC meeting
The price of gold continues to consolidate against the background of uncertainty on the market. On the one hand, stocks in the US have updated historical maximums which reduces the demand for defensive assets. In addition, the pressure on the yellow metal has a high probability of raising interest rates after the Fed’s meeting on 13-14 December, which caused US dollar growth and the increase... Detail
22.11.2016 - Progress in negotiations of OPEC countries has a positive effect on the price of oil
The price of gold showed growth after investors began to fix positions on the US dollar after long strengthening caused by the expected acceleration of economic growth in the US in the case of tax cuts and increased government spending in America. It is worth noting the increased demand for gold in India over concerns about a possible ban on the import of gold into the country after it was... Detail
21.11.2016 - Oil is growing in anticipation of production cuts in OPEC
The price of gold continued to decline and came close to the psychologically important level of 1200 dollars per troy ounce. The main reasons for the decline were the growth of the US dollar and US bond yields, which reduces the attractiveness of investing in gold. It is worth noting that investors expect the Fed's decisions on monetary policy, which will be announced on 14 December. In addition... Detail
18.11.2016 - Traders are waiting for news on the future OPEC’s agreement from Qatar
The price of gold continued to fall against the background of the continued growth of the US dollar and the high probability of the Fed raising interest rates after the speech of Fed Chairman Janet Yellen. Hawkish rhetoric of Mrs. Yellen and positive inflation data from the US that in October rose by 0.4% hold the probability of the Fed to tightening monetary policy at a meeting... Detail