Oil – Forecast and Analysis

Gold Price And Crude Oil Price Facing Key Hurdles

Gold price remained in a strong uptrend and traded above the $1,750 level before correcting lower. Similarly, crude oil price started a strong increase and climbed above $30.00. Important Takeaways for Gold and Oil Gold price traded as high as $1,764 before correcting lower against the US ...

Negative Oil Price Shock Keeps Haunting Economic Recovery

The coronavirus pandemic shocked the financial world in ways no one thought possible. Fiscal and monetary policy stimulus from governments and central banks helped ease the economic pain, but everyone agrees more is needed on the medium and long term. The economic crisis that unfolded exceeds a ...

Gold Price And Crude Oil Price Eyeing More Upsides

Gold price started a steady rise above the $1,700 and $1,710 levels. Similarly, crude oil price is showing positive signs and it could continue to rise above $28.00. Important Takeaways for Gold and Oil Gold price gained traction and climbed above the $1,722 resistance against the US Dollar. ...

Gold Price Struggling While Crude Oil Price Is Recovering Nicely

Gold price started a downside correction below the $1,720 support and even declined below $1,700. Conversely, crude oil price is recovering nicely and trading above $20.00 (spot price). Important Takeaways for Gold and Oil Gold price topped near the $1,740 level and corrected below $1,720 ...

Gold Price Correcting Gains While Crude Oil Price Approaching Breakout

Gold price rallied recently to a new 8-year high above $1,740 and it is currently correcting lower. Conversely, crude oil price is now showing signs of a bullish breakout above $27.00. Important Takeaways for Gold and Oil Gold price surged towards the $1,750 level and it is currently correcting ...

Gold Price Approaching Resistance While Crude Oil Price Correcting Gains

Gold price is rising steadily and it is trading above the $1,600 resistance. Conversely, crude oil price rallied towards $28.00 and recently corrected more than 40% gains. Important Takeaways for Gold and Oil Gold price formed a strong support above $1,570 and recovered higher against the US ...

Gold Price Is Rising While Crude Oil Price Is Consolidating

Gold price is trading in a positive zone above the $1,585 resistance area and it could rise further. Conversely, crude oil price is trading in a range and it could correct above $25.00. Important Takeaways for Gold and Oil Gold price gained pace recently and traded above the $1,600 resistance ...

Gold Price Is Facing Hurdles While Crude Oil Price Is Recovering

Gold price found support near the $1,455 level and it is currently consolidating losses. Conversely, crude oil price is recovering and it is now trading above the $25.00 resistance. Important Takeaways for Gold and Oil Gold price declined heavily before it found support near the $1,455 level ...

Gold Price Is Rising But Crude Oil Price Could Extend Losses

Gold price is showing a lot of positive signs above the $1,660 resistance area. Crude oil price is currently sliding and it might continue to move down below $45.50 Important Takeaways for Gold and Oil Gold price rallied recently above the $1,650 and $1,660 resistance levels against the US ...

Gold Price Surging While Crude Oil Price Might Correct Lower

Gold price surged above the $1,620 level and it might continue to rise. Crude oil price is currently correcting lower and it could decline towards the $52.50 support. Important Takeaways for Gold and Oil Gold price gained traction and rallied above $1,610 and $1,620 against the US Dollar. There ...

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