country flagالعربية
0
0

Commodities Analysis

TradingPeek offers daily technical analysis of the commodities and updates them in the middle of the day. Technical analysis professional team who one of the best technical analysts provide technical analysis of the commodities in the form of simple small articles explaining the daily price movement along with advanced technical analysis which is in explanatory article of the price movement.

Commodities Analysis

Gold Technical analysis 23 November 2018

12:16 am 2018-11-23

Time frame Used - four hours Gold is moving in a bullish direction in the near term. Gold is trying to break through the important resistance level around  the 1225 level  to hit level of  1229, but we see that the acceleration of the gold rally is weak as a result of selling pressure and the dollar index is still the highest level  of 96 and did not break this level down.  In view of the technical indicators Both the RSI and the Stochastic are indicating to…More

OIL Technical analysis 22 November 2018

11:36 pm 2018-11-21

Time frame Used - four hours Oil is moving in a sideway direction in the near term. Oil reached the main bearish target on the weekly time frame after failing to break through the important resistance level around level of  57.88, to drop to the level of 53.54 forming of the positive candlestick pattern to bounce to the upside as oil moves within the down channel from the lower boundary around the level of 53.54, US crude oil inventories rose 4.9 million barrels last week, compared with expectations…More

Gold Technical analysis 22 November 2018

11:34 pm 2018-11-21

Time frame Used - four hours Gold is moving in a bullish direction in the near term. Gold is still facing resistance to selling pressure around the 1225 level, but it is still consolidating at the 1217 level.   In view of the technical indicators Both the RSI and the Stochastic are indicating signs of recovery.   Therefore, we expect that the gold will target 1235-1237 levels again, Which by breaking it above will target the level of 1245 as the initial target. The…More

OIL Technical analysis 21 November 2018

05:27 am 2018-11-21

Time frame Used - four hours Oil is moving in a sideway direction in the near term. Oil reached the main bearish target on the weekly time frame after failing to breach the important resistance level around the 57.88 level, falling to level of  53.54 forming a positive candlestick pattern. In view of the technical indicators Both the RSI and the Stochastic indicate a positive divergence between the indices and the prices. Accordingly, we expect that the oil will test level of  57.88 again, with…More

Gold Technical analysis 21 November 2018

05:15 am 2018-11-21

Time frame Used - four hours Gold is moving in a bullish direction in the near term. Gold is still facing resistance to selling pressure around the 1225 level, but it is still consolidating at the 1217 level.   In view of the technical indicators Both the RSI and the Stochastic are indicating signs of recovery.   Therefore, we expect that the gold will target 1235-1237 levels again, Which by breaking it above will target the level of 1245 as the initial target. The…More

OIL Technical analysis 20 November 2018

12:29 am 2018-11-20

Time frame Used - four hours Oil is moving in a sideway direction in the near term. Oil is still facing resistance and selling pressure around the 57.88 level but it is still trading above the most important support level in the recent time around the level of 54.73. In view of the technical indicators Both the RSI and the Stochastic are indicating to the RSI crossing the midline to the upside indicating that the trend may turn from bearish to bullish in the near term…More

Gold Technical analysis 20 November 2018

12:27 am 2018-11-20

Time frame Used - four hours Gold is moving in a bullish direction in the near term. Gold seems to be on a new rally from the upside and compensating for its past losses as the purchasing power has stabilized above the 1217 level to try to breach the  resistance level of 1225.   In view of the technical indicators Both the RSI and the Stochastic are indicating improved performance.   Therefore, we expect that the gold will target 1235-1237 levels again, Which by breaking…More

OIL Technical analysis 19 November 2018

11:47 pm 2018-11-18

Time frame Used - four hours Oil is moving in a bearish direction in the near term. It seems that the sun will shine again and oil will recover as the black gold rebounded from level of 54.73 to hit the 57.88 level  where it faces resistance and selling pressure around this level, but it is striking that the oil forming a higher low than the previous low, This possibility is confirmed by the indicators. In view of the technical indicators Both the RSI and the Stochastic…More

Gold Technical analysis 19 November 2018

11:40 pm 2018-11-18

Time frame Used - four hours Gold is moving in a bullish direction in the near term. The purchasing power managed to control the movement of gold to push the yellow metal to recover part of its losses during the last period to reach the level of 1225 , as we expected in the previous report , where the gold is facing resistance and selling pressure around this level.  In view of the technical indicators Both the RSI and the Stochastic are indicating to the arrival of…More

OIL Technical analysis 16 November 2018

12:31 am 2018-11-16

Time frame Used - four hours Oil is moving in a bearish direction in the near term. Oil is still under selling pressure, as it has not been able to test the resistance level 57.88 to face oil selling pressure around the level of 57.37 to fall back down again. In view of the technical indicators Both the RSI and the Stochastic are indicating the arrival of indicators to the oversold area, and confirm the bearish trend Accordingly, we expect that the oil will…More

Best trading brokers

All Rights Reserved
Risk Disclaimer: Trading in foreign exchange market (Forex) includes the risks and the possibility of loss. That is why we are keen on providing the highest quality news and analysis concerning the different markets traded. The opinions expressed in the site indicate the opinion of the author only and not the views of the administration or the public, knowing that errors could be encountered and there is a possibility to commit them. Before starting to trade you should carefully consider your investment objectives, and review the level of experience and risk appetite. In some cases, possible high leverage can lead to loss of funds invested, so you can not invest money that you can not handle its possible loss. You should be aware of all the risks associated with foreign exchange trading and seek for advices from an independent financial advisor if you have any doubts.TradingPekk.com does not assume any responsibility after the occurrence of financial loss to the dealer and the user carries full responsibility for the losses resulting from the use of news, analysis and data on the site.