ForexR analyst
Elena Marquez
Commodities & Gold Analyst
Elena covers gold, oil and their links with currencies. She weighs yields, the US dollar and supply and demand, and sets out competing explanations when a move has more than one possible driver.
- Covers
- Gold; crude oil; commodity-linked currencies
- Editorial voice
- Observant, balanced and explanatory
- Published
- 73 analyses
Latest From Elena Marquez
WTI Crude Oil (XTI/USD) Forecast Today Is NeutralWTI Crude Oil (XTI/USD) forecast today is neutral at 89.413, down 0.97% on the day, with daily trend mixed and H4 and H1 down. Nearest resistance is the previous day high at 90.323; nearest support is the daily pivot at 88.881.
Gold (XAU/USD) Forecast Today: Mixed Trends Ahead of PayrollsGold trades lower through the Asia session, hovering above support at 4008.74. Conflicting timeframes leave the technical bias neutral before high-impact US labor data.
WTI Crude Oil (XTI/USD) Forecast Today: Rebound to Daily HighsWTI Crude Oil (XTI/USD) is rebounding toward its day high of 89.079, but mixed trends across daily, H4 and H1 timeframes keep the bias neutral heading into the London and New York overlap.
Gold (XAU/USD) Forecast Today: Price Nears R2 Amid Mixed TrendGold trades firmly in the green during the Asia session, positioned squarely between R1 and R2. Mixed signals across the daily and intraday charts maintain a neutral overall technical bias.
WTI Crude Oil Forecast Today: Mixed Signals Near Pivot And S1WTI crude oil is down 2.1% on the day near 94.04, sitting between S1 support at 93.354 and the daily pivot at 95.626; daily trend is mixed while H4 and H1 point lower, keeping the near-term picture balanced.
Gold (XAU/USD) Forecast Today: Price Tests $4,000 Pivot ZoneGold has rallied 1.94% to $4,006.41, testing the R2 pivot at $4,008.20, but a down daily trend against an up H1 trend keeps the near-term picture neutral.
WTI Crude Oil (XTI/USD) Forecast Today: Price Holds Below $97 PivotWTI crude trades near $96.377, up 0.99% on the day, but boxed between the daily pivot at $97.169 and S1 at $92.538, with daily, H4 and H1 trends pointing in different directions.
Gold (XAU/USD) Forecast Today: Pressure Holds Below PivotGold holds below the daily pivot at $3,931.32 with the daily, four-hour and one-hour trends all pointing down. A break of S1 at $3,892.40 or R1 at $3,985.38 would set the next directional path ahead of today's US JOLTS and factory orders data.
WTI Crude Oil Forecast Today: Oil Drops 3% as Trends DivergeWTI Crude Oil trades near 98.773, down 3.24% on the day, with daily and hourly trends split and the technical bias neutral between S3 at 98.523 and the 5-day low at 98.831.
Gold (XAU/USD) Forecast Today: Rebound Tests 3924 ResistanceGold is bouncing back above 3900 on the day, but the underlying trend remains down across all timeframes. Resistance at 3924.32 is the immediate hurdle ahead of US manufacturing data.
WTI Crude Oil (XTI/USD) Edges Lower Ahead of US ISM DataWTI crude is down 0.71% on the day, trading between S1 at 101.065 and the daily pivot at 102.586. Media coverage highlights Iran diplomatic negotiations ahead of today's US ISM Manufacturing PMI.
WTI Crude Oil (XTI/USD) Forecast Today: Above R1WTI Crude Oil (XTI/USD) is at 103.397 in the London and New York overlap, up 1.32% on the day and between R1 at 103.106 and R2 at 104.166, with daily, H4 and H1 trends all up.
Gold (XAU/USD) Technical Analysis: Breakdown Below 4000 LevelGold maintains a bearish trend across the daily, four-hour, and one-hour timeframes as price trades below the 4000 round number. The market now looks toward US labor cost data and Fed speeches.
WTI Crude Oil (XTI/USD) Forecast Today Leans HigherWTI Crude Oil (XTI/USD) trades at 101.116 in the London and New York overlap, with all three trends up, the daily pivot at 101.064 just under price and the previous day high at 102.828 nearest resistance.
Gold (XAU/USD) Forecast Today Stays Neutral Under S1Gold (XAU/USD) last printed 4028.91, down 0.94% on the day and between S2 at 4000.23 and S1 at 4033.75. Daily and H4 trends are down, but H1 is mixed, so the bias stays neutral in the Asia session.
WTI Crude Oil (XTI/USD) Forecast Today Ahead of Fed DecisionWTI Crude Oil (XTI/USD) trades higher in a strong uptrend ahead of today's Federal Reserve interest rate decision. Price sits between the daily pivot and R1, with momentum favoring the upside across multiple timeframes.
Gold (XAU/USD) Forecast Today: Drifting Lower Ahead of Fed DecisionGold trades between the daily pivot and S1 support as mixed intraday momentum clashes with a broader downtrend. Traders await today's Fed Interest Rate Decision for direction.
Gold (XAU/USD) News Today: Tight Asia Range Before FedGold (XAU/USD) trades at 4063.44 in Asia, up 0.08% and still between the daily pivot at 4038.31 and R1 at 4087.44. Daily, four-hour, and hourly trends disagree, so the bias is neutral before today's Fed decision.
WTI Crude Oil Forecast Today: Mixed Momentum Near Key Pivot LevelsWTI Crude Oil is trading lower at 100.001 within a mixed technical environment. Immediate direction depends on the 99.678 previous day low and the 100.867 daily pivot.
Gold (XAU/USD) Forecast Today: Downtrend Under PivotGold (XAU/USD) last at 4004.83 in Asia, between S1 at 3986.8 and the daily pivot at 4008.25. Daily, H4 and H1 trends all point down.
WTI Crude Oil (XTI/USD) Forecast Today Stays NeutralWTI Crude Oil is at 100.516, down 2.15%, between S1 at 99.651 and the daily pivot at 101.507. Daily and four-hour trends are up, the one-hour trend is mixed, and the bias is neutral.
Gold (XAU/USD) Forecast Today: Modest Gains in LondonGold trades at 4007.46, modestly higher than the previous close, inside a compressed London range as traders mark time ahead of the Fed. All timeframes show down trends with price between the daily pivot at 4002.46 and R1 at 4029.31; tomorrow US data is the nearer catalyst.
WTI Crude Oil Forecast Today: Bullish Above R2WTI last printed 101.212, up 2.55% and between R2 at 101.015 and R3 at 102.252, with daily, H4 and H1 trends all higher. Nearest resistance is R3; nearest support is the five-day high at 101.039.
Gold (XAU/USD) Forecast Today: Downtrend Amid US PMI and Oil PricesGold (XAU/USD) trades at 4019.95 in a confirmed downtrend across daily, H4 and H1 timeframes during the Asia session. Price faces resistance at the previous day low of 4021.08 and support at S1 of 3982.16 ahead of high-impact US data releases.