Gold Rally ContinuesGold prices are seeing fresh demand across early European trading on Monday with futures extending their recent rally. The market is now up around 18% off the YTD lows and is...
The Natural Gas Market at a Crossroads
The price of natural gas has tested the broken level of 2.00 and closely approached the years-long minimum point, that is, the supporting level of 1.44. In this case, two scenarios are possible. The...
Approaching Pullback Support
TitleApproaching Pullback SupportTypeBullish BouncePreference:Price is falling towards the pivot point of 26.247 which is a pullback support that aligns with the 38.2% Fibonacci retracement level and...
Middle East Fears Keep Oil At Highs - NFP Next
Crude In DemandCrude prices on track to end the week at their highest level since mid-2023. Fears of escalating violence in the Middle East, an improving China demand outlook and Fed easing...
Platinum and Brent Oil: Potential Price Rise Ahead
The price of platinum is testing the resistance level of 950, which also acts as the middle point of the latest descending move. Since platinum tends to follow gold and silver, the price of this asset...
Copper Rallies on China Factory Boost & Weak USD
Better China Data Boosts CopperCopper prices have broken out to their highest levels since January 2023 this week. There are a few factors at play here but the two main bullish drivers to focus on are...
Inflation in the Eurozone seems to be taking a breather, according to the latest figures released by Eurostat. The Harmonized Index of Consumer Prices (HICP) for March revealed a 2.4% rise...
Silver Hits 24-Month Highs on Dovish Fed Comments
Silver Breaking OutSilver prices are surging higher today with the futures market breaking out to its highest level since March 2022. Dovish comments from Fed’s Mester yesterday helped fuel a more...
What's Driving The Push Higher in Crude?
Crude at HighsOil prices are back in the spotlight this week with crude futures having broken out to fresh YTD highs yesterday. Heightened geo-political risks linked to escalating conflict in the...
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