Commodities Analysis & Opinion

Gold returned to monthly highs near $1962 on Tuesday morning after consolidating around the 50-day moving average. All eyes are now on gold's ability to break away from this line, a medium-term trend...

Bulls are focused on the $24.5 level on the silver price chart, with more optimistic investors eyeing the $26 resistance line. Industrial demand for silver is also a factor in determining any silver...

Silver’s technical setup is intriguing as it just rebounded off both the 200-day and 400-day moving averages. In the past, rebounds from the 400-day moving average have led to bullish moves. We...

Chinese growth underwhelms Libya resumes production after brief outage Key technical support levels still below Brent Oil Futures prices pulled back from last week’s highs today, weighed down by...

It looked like a typical oil option expiration fade play in the oil market before headlines came out suggesting that this might not be your typical options expiration. Oil was down on reports that two...

Upon analyzing recent movements in natural gas futures, it is evident that bulls are making an effort to hold immediate support at 2.492 on Monday. This is despite the considerable selling...

Market optimism continues to run high. A day after the consumer price index showed the lowest 12-month increase since March 2021, producer prices also proved to be following suit, showing a marginal...

It’s always darkest before dawn, and the feeling is most bullish before the top. Is the sentiment (unnecessarily) positive right now?Just look at silver. The white metal soared, which is...

On the off chance you somehow missed this past Monday’s early morning tweet with Gold then wallowing about in the 1920s, here ’tis: “Gold’s ‘Baby Blues’ have...

US Dollar Index weakness is powering the precious metals sector higher as Silver and the miners lead. Last week, the GDX (NYSE:GDX) advance-decline line cemented a positive divergence. There have been...

By Mike Gleason A potentially pivotal week of trading is seeing precious metals markets push higher.The main catalyst is a breakdown in the US Dollar Index. On Thursday, the dollar slid to its lowest...

The gold miners’ stocks surged back mid-week after a major Fed-dovish inflation report. The latest US consumer-price index read came in cooler than expected, continuing this past year’s...

The risk in the global energy markets is rising. The markets face a looming supply shortage as OPEC raises their global demand forecast to a record high of 2.44 million barrels a day which was double...

Output cuts and inflation data continue to boost crude prices Temporary disruptions could add to the bullishness Potential resistance around $83-$84 Brent Oil Futures is trading relatively flat today...