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Crude oil, Gold, Silver price analysis roundup
  • Crude oil continues to trade above $60 support
  • Sentiment for silver remains bullish while the price of gold remains under pressure
  • Looking ahead to next week, the focus of investors will shift to U.S. employment data
February 28, 2021

Market analysis

Crude oil, Gold, Silver price analysis roundup
The global stock markets weakened last week, Wall Street’s three main indexes closed sharply lower, and the risk aversion will likely prevail the next trading week. The crude oil price fell on Friday as the U.S. dollar rose, but it continues to trade above $60 support. The Organization of the…
February 28, 2021
Gold price prediction for March
Gold prices are likely to facilitate a deeper pullback after the price action broke below the $US1,800 per ounce today.  Fundamental analysis: Dollar moves higher Commodity experts were talking this week that gold prices may move lower as bulls liquidate their yellow metal holdings. Peter Hug, Kitco Metals global trading…
February 17, 2021
Gold price analysis: A correction or end of the rally?
Gold price weakened has weakened from $1959 below $1800 since the beginning of January, and the current price stands around $1823. The global business activity is still under pressure, and as long the price is above $1800 support, there is no risk of the bear market. Fundamental analysis: Risk aversion…
February 14, 2021
Gold price breaks short-term support, here are levels to look for
Gold price has rebounded about 0.7% higher on Friday to reduce weekly losses but is still on track to close the week over 2% in the red.  Fundamental analysis: Dollar strength drives gold lower Silver is also having a poor week after a sharp drop from multi-year highs it touched…
February 5, 2021

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