Commodities Analysis & Opinion

Gold Gold (XAU/USD) finally made a break above 2533 for a buy signal targeting 2539/43, 2554/56, 2565, 2578/82 & 2586.A high for the day & new all-time high exactly at 2586.I can't see how I...

Gold posts bullish days Prices find support at 20-day SMA MACD and RSI in positive areas Gold prices are skyrocketing to another fresh all-time high today around 2,589.40 with the next major...

The correction is over. Gold, Silver and the miners and juniors are headed higher.

Precious metals have been big winners in 2024. While Gold may get all the headlines, Silver has performed pretty well too. And things may turn even more bullish if the Silver can breakout above...

After three weeks of consolidation, gold moved decisively upwards, hitting a record above $2572 per troy ounce on the spot market on Friday. Gold price rise has approached 3% since the beginning of...

The black cats crossed the path, and someone stepped on the cracks and broke the market’s back. It’s Friday the 13th and what better day for an oil and commodity comeback after a freakish pr and...

I guess what it takes to turn an irrational market around is a bearish report. That’s the ticket! Oil prices, after plunging on bullish supply and demand data, bounced after defying a slightly...

WTI crude oil rises from 17-month low Momentum oscillators gain some ground WTI crude oil has finally climbed higher from the 17-month low of 65.70 after the aggressive selling interest from the...

The historic discontent from the price of oil and the supply and demand fundamentals is either signaling that the global economy is going into a deep recession or, if you’re an optimist, is an easing...

In the past four weeks, Gold (XAU/USD) has traded in a tight range environment below US$2,532 key intermediate range resistance. Positive momentum reading and a major bearish breakdown seen in the...

Gold prices are inching higher as the market awaits the US CPI release. Market reaction to the CPI data will depend on whether rate cut expectations are already priced in. From a technical analysis...

The rally in copper price has cooled off in recent weeks. Copper futures pulled back to below $9,000/t. IEF: the EV revolution alone will drive enough copper demand to outstrip supply in the next...

Hedge funds and other money managers have turned the most bearish on crude ever since the CFTC started to publish information on market positioning, with Brent and WTI net longs totaling a mere...

Brent crude oil prices dropped below $70 a barrel, the lowest since December 2021. OPEC+ downgraded 2024 oil demand growth forecasts, primarily due to weakness and concern around China. Technical...