Over 40 years’ heritage
185,800 clients worldwide
Over 15,000 markets

Charting commodities: gold, silver and oil

IG analyst Chris Beauchamp charts the key levels on gold, silver and brent crude.  He says silver could move back to $15, but you have to be brave to call that. The downside pressure continues on oil, and he is looking for it to move to sub-$50. Gold continues to be the focus, but Chris says it is oversold on the hourly chart and so you could see it move back to $117.

Trade now

Live Gold | Silver | Brent Crude | WTI prices

The information on this page does not contain a record of our trading prices, or an offer of, or solicitation for, a transaction in any financial instrument. IG accepts no responsibility for any use that may be made of these comments and for any consequences that result. No representation or warranty is given as to the accuracy or completeness of this information. Consequently any person acting on it does so entirely at their own risk. Any research provided does not have regard to the specific investment objectives, financial situation and needs of any specific person who may receive it and as such is considered to be a marketing communication.