top of page
Analyst Alley: Bullish Commodities
GOLD Analysis
Major Commodities
GOLD Price Analysis:
(2024-12-04 23:36:11 EST) - Gold price has changed 0.21 % within the last 3 days and changed 0.23 % yesterday. Gold price closed the trading day at 2674.09, which is 6.65 % above its 200-MA. The asset price is in the neutral area with RSI at 50.0. Gold's last close price was between Upper and Middle Bollinger Bands. MACD is in the bullish 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 from 20+ major financial news sources everyday before the markets open. The market sentiment for Gold is in the positive territory and the sentiment score is 0.03. 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 Price Analysis:​
(2024-12-04 23:36:11 EST) - Silver price has changed 3.99 % within the last 3 days and changed 2.68 % yesterday. Silver closed the trading day at 31.91, which is 8.41 % above its 200-MA. The asset price is in the neutral area with RSI at 56.7. Silver's last close price was above the Upper Bollinger Band. MACD is in the bullish 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 Silver is in the positive territory and the sentiment score is 0.14. 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:​
(2024-12-04 23:36:09 EST) - Brent Crude price has changed -0.73 % within the last 3 days and changed -1.64 % yesterday. Brent Crude closed the trading day at 72.41, which is -9.09 % below its 200-MA. The asset price is in the neutral area with RSI at 46.9. Brent's last close price was between Lower and Middle Bollinger Bands. MACD is in the bullish area and the histogram value has increased compared to the day before.
​
BRENT OIL NEWS SENTIMENT ANALYSIS:
Sentiment analysis algorithms collect the most up-to-date news headlines for Brent Crude from 20+ major financial news sources everyday before the markets open. The market sentiment for Brent is in the negative territory and the sentiment score is -0.43. 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.
Risk Disclaimer:The technical analysis provided on this website is for informational purposes only and does not constitute financial advice. Trading and investing involve significant risk and may result in the loss of your capital. Past performance based on technical analysis does not guarantee future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions.
bottom of page