Oil, Metals, Soft Commodities
Market Analysis 15-19 May 2023
XAUUSD Analysis 8 – 12 May 2023 The gold price outlook is generally positive in the medium term. Although the close of last week's sell pressure bar indicates a significant loss of buying momentum, due to the sell-off during the week but the price is still moving above the 2000 support level after a rebound to test and then rebound. It...
Crude Oil Trading with CFD’s – how to speculate on black gold
Crude Oil has always been one of the most popular and highly traded markets for CFD traders whether it is WTI or Brent, especially recently as geopolitical and economic forces have seen its price fluctuate from extreme lows to extreme highs. It’s easy to see why, Oil is a bellwether for the health of the global market, oil greases the wheels of g...
Market Analysis 8-12 May 2023
XAUUSD Analysis 8 – 12 May 2023 The gold price outlook is positive in the medium term. Although last week's closing of the buying pressure bar would indicate a loss of buying momentum due to the weekly selloff. But the price is still moving above the 2000 support, it is very likely that the price will continue to move above the 2000 level ...
Market Analysis 1-5 May 2023
XAUUSD Analysis 1 – 5 May 2023 The gold price outlook is positive in the medium term. Although last week's closing of the buying pressure bar would indicate a loss of buying momentum due to the weekly selloff. But the price is still moving in a narrow range above the 1960 support or the recent high on the Weekly timeframe. resistance 2...
Natural Gas analysis – another bull run coming?
Natural Gas price action has had an amazing two years, with the usually pretty boring commodity showing extreme volatility pushing it to all time highs before a dramatic collapse seeing it back where it started in 2020. Like all the energy complex, Oil being a good example, the start of the Covid panic saw wild price fluctuations as traders came...
Why Trade Gold with CPT Markets?
Gold has always been one of the most popular and highly traded markets for CFD traders, especially recently as its price has risen to test its all-time highs. It’s easy to see why, Gold has been a store of value throughout history and now with institutional grade spreads and zero commission there has never been a better time for CPT Markets client...
How to Trade Gold CFDs – Fundamental and Technical strategies
Gold has always been one of the most popular and highly traded markets for CFD traders, especially recently as its price has risen to test its all-time highs. It’s easy to see why, Gold has been a store of value throughout history, and with CFDs it’s possible to take a position in this exciting market, whether you think the price will head up o...
Market Analysis 24-28 April 2023
XAUUSD Analysis 24 – 28 April 2023 The gold price outlook is positive in the medium term. Although the close of last week's sell pressure bar indicates a loss of buying momentum. But the price is still above the 1960 support or the last high of the price in the Weekly time frame, which is very likely that the price will continue to swing o...
Gold technical and fundamental analysis – How to trade it’s recent price action
Gold has been one of the most popular and highly traded markets recently as price action in the precious metal has really come alive, rate hikes, the war in Ukraine and Bank Crises have all played a part in the fundamental reasons for gold price movements in the last 12 months. Let’s take a look at the chart to see these fundamental effects and h...
Market Analysis 17-21 April 2023 – TH
XAUUSD Analysis 17 – 21 April 2023 The gold price outlook is positive in the medium term. As last week's closing of the buying bar was above the 1960 support or the latest high in price on the Weekly timeframe, it indicates the continued buying momentum that will allow the price of gold to continue. It can rise further to test the 2070...
Market Analysis 3-7 April 2023
XAUUSD Analysis 3 – 7 April 2023 The gold price trend can be viewed both positively and negatively in the short and medium term. As the closing of the Doji bar and last week's sell pressure bar indicate market hesitation. Although the previous week, gold has had strong buying momentum and has continued since the beginning of March. But ...
Gold at the $2000 level
Gold had been trading strongly to the upside since the beginning of March, rising from the 1810 price area to reach the 2000 price area which was last tested in April 2022. However, after reaching the resistance area, Gold retraced lower to test the 1937.50 support area which coincides with the 38.2% Fibonacci retracement level and the bullish tren...
Market Analysis 27-31 March 2023
XAUUSD Analysis 27 – 31 March 2023 The gold price trend can be viewed both positively and negatively in the short and medium term. As the close of last week's Doji bar indicates hesitation in the market. Although the previous three weeks, gold has had strong and consistent buying momentum since the beginning of March. But even so, the g...
Gold Reverses from 1960 following strong US NFP data
Gold had been on a steady rally to the upside with the price climbing along the bullish trendline from the 1620 price level in November 2022 to reach a high of 1960 in February 2023. This move higher was driven by general market anticipation that the US Federal Reserve would pivot on its current monetary policy, slowing down or pausing future inter...
Natural Gas price continues to tumble, but the bottom may be near
The price of Natural Gas has continued its drive back down after peaking in the middle of last year. The price has had an aggressive sell off after an equally aggressive run during the initial stages of the Russian and Ukraine conflict. This was due to Russian gas exports being banned and elevated inflation levels. However, as the conflict has subs...
