Commodities Analysis & Opinion

Gold Gold (XAU/USD) remains in quite an erratic sideways channel. We beat the 14 day high at 2638/39. We wrote: ''A break above 2641 this week could trigger some buying pressure targeting...

Simandou supply surge looms for iron ore in coming years China steel output weakens, inventories near record levels Iron ore’s $100+ era under threat Summary A toxic mix of declining Chinese steel...

Analysts at major Wall Street banks generally expect the Gold Futures bull rally to continue into 2025. And mainstream analysts tend to think the year will remain free from any kind of significant...

XAU/USD is trading around $2,633, maintaining a bullish trajectory with significant gains from the previous year. The pair is supported by immediate levels at $2,628, with resistance near $2,637 and...

Oil prices rose due to declining US stockpiles and renewed Chinese optimism after President Xi Jinping pledged to promote growth. Mixed results from Chinese manufacturing data may indicate that...

WTI Crude has just broken above December's high of 7144, signaling a more positive outlook. As noted, a break above 7180 could spark buying interest and trigger stops on short positions, with targets...

WTI oil futures gain positive momentum above short-term SMAs Next challenge could occur within the $71.90-$72.50 area WTI oil futures are poised for a bullish start to the new year, having cemented...

Gold prices on course to end 2024 with a 27% gain, the best yearly performance since 2010. 2025 outlook is positive due to geopolitical risks, central bank buying, and safe-haven demand. Trump...

Energy is expected to regain the attention of market speculators next year due to both technical and fundamental factors. WTI has repeatedly rallied on attempts to break below $67, which has been a...

Oil prices are boring compared to natural gas that is getting snapped out of its stupor on an Artic weather event. Natural gas prices are soaring around the world as we are facing what could be a...

Gold near top of 2024 asset class returns despite strong dollar. Correlations with Nasdaq and bitcoin outshine traditional drivers. Bias remains to buy dips as higher lows reinforce bullish...

Gold truly enjoyed a remarkable 2024, relentlessly powering higher to many new records. Gold achieved a rare monster-status upleg, which proved extraordinarily-unusual. Big gains stacked up despite...

Gold just recorded its seventh down week in the last nine, price settling yesterday (Friday) at 2637 and yet that is higher than Gold’s settle six weeks ago at 2567 on 15 November. To be sure,...

Precious Metals remain in correction mode. We should be on the lookout for a low and potentially a significant low in January.