Commodities Analysis & Opinion

Lightweight week for US data Fed blackout on speeches, statements ahead of rate decision Futures of crude and gold fell in five of the past six weeks Oil and gold could trade in a range, with...

Most time frames are in a downtrend for {{|WTI crude oil}}, but a rebound above the $101-$104 area would hit some buy stops and stop the series of lower highs on the daily. Original Post

After losing the $20 psychological level, silver is testing long-term support, as indicated by Fibonacci, and important levels dating back to 2019/2020. Original Post

If gold sustains pricing below $1,700, it will confirm a double top of historic proportions. On the other hand, the current support cluster may be offering an excellent long opportunity....

The gold stocks are extremely oversold. That’s obvious.However, selling pressure has waned since the end of June. The daily candles have been mild, suggesting less and less distribution. The...

Natural gas could favor bullish sentiments during the upcoming week as Friday’s reversal was steeper than expected due to a sudden surge in demand amid growing fear of power outage amid...

The massive monetary binge is over. The Fed is taking the punch bowl away. The hangover is coming. The best cure is – except for the broth – gold.No Longer Doves Seventy-five basis points!...

Oil prices are edging higher again after falling around 20% over the last month in response to increasing recession fears. Inflation data on Wednesday didn’t help matters, with the market...

Wednesday, Texas's power grid operator took emergency measures to avoid rolling blackouts as soaring electricity demand threatened to outpace available supplies amid stifling heat waves. A sudden...

June and July have brought sweeping changes to what decides the direction of oil Increasingly, oil has become more sensitive to a dollar ramping on threats of aggressive rate hikes by the Federal...

So much for the inflation protection offered by Gold. In a severe downtrend currently, the metal is openly looking at its major 2-year chart support. Original Post

The inflation rate accelerated again. It implies a more hawkish Fed and is bad for gold in the short-run, but good in the long-term. The June rise was the steepest monthly increase since September...

Oil tumbles as IEA revises down demand growthOil prices are continuing to trend lower as we move towards the end of the week, with recession fears once again the driving force. The IEA alluded to...

After the USD dropped in 2021, there was a price increase in both gold and mining stocks. If the situation repeats, gold is likely to continue rising.And, of course, that was a reversal,...