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Analyst Alley: Bearish
GOLD Analysis
Major Commodities
GOLD Analysis:
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(2024-09-06 00:36:14 EDT) - GOLD price has changed 0.71 % within the last 3 days and changed 2.06 % yesterday. Gold (COMEX) closed the trading day at 2544.70, which is 12.66 % above its 200-MA. The asset price is neutral, but close to the overbought area with RSI at 62.0. GC's last close price was between Upper and Middle Bollinger Bands. MACD is in the bearish area and the histogram value has increased compared to the day before.
GOLD NEWS SENTIMENT ANALYSIS:
Sentiment analysis algorithms collect the most up-to-date news headlines for Gold (COMEX) from 20+ major financial news sources everyday before the markets open. The market sentiment for GOLD is in the negative territory and the sentiment score is -0.17. Sentiment score is a value scaled between [-1, 1] where a value close to -1 indicates a strongly negative sentiment and a value close to 1 indicates a positive sentiment.
SILVER Analysis
Major Commodities
SILVER Analysis:
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(2024-09-06 00:36:25 EDT) - SILVER price has changed -0.66 % within the last 3 days and changed 1.96 % yesterday. Silver closed the trading day at 28.72, which is 7.24 % above its 200-MA. The asset price is in the neutral area with RSI at 49.2. SI's last close price was between Upper and Middle Bollinger Bands. MACD is in the bearish area and the histogram value has increased compared to the day before.
SILVER NEWS SENTIMENT ANALYSIS:
Sentiment analysis algorithms collect the most up-to-date news headlines for Silver from 20+ major financial news sources everyday before the markets open. The market sentiment for SI is in the positive territory and the sentiment score is 0.09. Sentiment score is a value scaled between [-1, 1] where a value close to -1 indicates a strongly negative sentiment and a value close to 1 indicates a positive sentiment.
Brent Oil Analysis
Major Commodities
Brent Oil Analysis:
(2024-09-06 00:36:09 EDT) - Brent Oil price has changed -6.01 % within the last 3 days and changed 0.22 % yesterday. Brent Crude closed the trading day at 72.86, which is -11.79 % below its 200-MA. The asset price is neutral, but close to the oversold area with RSI at 35.5. BZ's last close price was between Lower and Middle Bollinger Bands. MACD is in the bearish area and the histogram value has increased compared to the day before.
BRENT CRUDE NEWS SENTIMENT ANALYSIS:
Sentiment analysis algorithms collect the most up-to-date news headlines for Brent Oil from 20+ major financial news sources everyday before the markets open. The market sentiment for BZ is in the negative territory and the sentiment score is -0.35. Sentiment score is a value scaled between [-1, 1] where a value close to -1 indicates a strongly negative sentiment and a value close to 1 indicates a positive sentiment.
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