Gold Technical Analysis, the price formed a double bottom on the weekly chart, bounced from the 0.500 FIB retracement on the monthly chart at 1615$, and started a pullback. This…
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Commodities - Technical Analysis
Every week we publish our technical analysis for the commodities, which looks interesting. We focus on breakout, technical patterns, key support and resistance levels, combined with a trend/wave-based analysis.
Our mission is to help you improve your technical analysis, trading, and investing.
Brent Oil Technical Analysis, the price is approaching 0.618 FIB retracement
Technical analysis for Brent Crude oil, the price is approaching the 0.618 FIB retracement on the weekly chart at 91.50$, which is the first target for the pullback. The second…
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US Crude Oil Technical Analysis, the price reached the first target of the pullback
Technical analysis for Crude oil, the price reached the first target of the pullback on the monthly chart, the 0.618 FIB retracement at 88.00$. If the price of US oil…
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Silver Technical analysis, the price bounced from 0.618 FIB retracement
Technical analysis for Silver(XAG/USD), the price bounced from 0.618 FIB retracement on the monthly chart, and closed the month with a low-test candle pattern, starting a pullback. The first target…
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Gold Technical Analysis, the price bounced from support, starting a pullback.
Technical analysis for Gold(XAU/USD), the price bounced from support, and the 0.618 FIB retracement on the monthly chart at 1680-90, starting a pullback. The first target for the pullback, the…
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Copper Technical Analysis, the price broke down on the weekly chart
Technical analysis for Copper, the price broke down on the weekly chart, starting a bearish run. The first target for this bearish run is the 0.618 FIB retracement on the…
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Gold Technical Analysis, the price formed tweezers top pattern on the weekly chart.
Technical analysis for Gold, the price of XAU/USD formed a tweezers top pattern on the weekly chart, rejecting the weekly and the daily 50 EMAs, the 0.382 FIB retracement on…
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Silver Technical Analysis, a breakout below the double bottom
Technical analysis for Silver, the price of XAG/USD closed below the double bottom on both the weekly and the daily charts, which is a signal for further declines. The first…
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Copper Technical Analysis, resumed the bullish wave on the weekly chart
Technical analysis for Copper, the price broke above the 2021 high at 4.88$ on both the weekly and the daily charts, resuming the bullish wave on the weekly chart. The…
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US Crude Oil Technical Analysis, the price rejected a resistance zone on the monthly chart
Technical Analysis for the US Crude Oil, the price rejected resistance zone around 115$ with a high-test candle on the monthly chart, starting a pullback. The first target for this…
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Brent Crude Oil Technical Analysis, the price reached the fourth target of the fifth bullish wave
Technical Analysis for Brent Crude Oil, the price reached the fourth target of the fifth bullish wave on the weekly chart, the 1.272 FIB extension at 130.00. The price went…
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Gold Technical Analysis, the price rejected previous high
Technical analysis for Gold (XAU/USD), the price reached the second target of the fifth bullish wave on the weekly chart, the 0.618 FIB extension at 2070, and rejected with an…
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