Commodities Analysis & Opinion

Every now and then, something unlikely happens – but not right now. I wrote that given gold’s high-volume shooting star reversal, it was likely to invalidate its recent breakout any day (or hour)...

Investors have been watching the Federal Reserve and interest rates closely for the past several months. Well, actually more like the past several years. But maybe they should be watching copper...

Gold made an impressive 3% surge during the week, breaking May's all-time highs. However, it then retreated to the downside, selling off throughout the second half of the week. What should you watch...

Oil prices continue to trade in a range. Chinese demand concerns continue to cap prices, while Canadian supply risks have reinforced the floor for the market Energy – Canada Wildfire Risk Grows The...

Gold Gold (XAU/USD) longs at support at 2450/45 were stopped below 2440. This is a counter-trend move (the longer-term trend is obviously bullish). However, I am taking the break below 2440 as a...

During recent months, positive changes were observed in the gold market due to an increase in investment demand. Moreover, global gold reserves increased by 17.5 tons, which is an estimated value of...

Brent crude oil has reached $84.94, and the recent upward trend is primarily supported by recent US energy inventory statistics, which showed a significant decrease of 4.87 million barrels against an...

Gold stocks are entering a sweet spot. In recent months, we have written about how gold stocks outperform gold after breakouts in the gold price. This has transpired since March. However, in the past...

Oil prices are rising due to a significant decrease in US oil inventories, exceeding expectations. The CCP’s third plenum could impact oil prices depending on its policy decisions. Support and...

As the polls turn on the Biden-Harris ticket, they may toast themselves and say “We’ll always have Paris” but a Trump-Vance ticket means the Paris Climate Accord will have to go. I wonder if we can...

Gold ends sideways trajectory; enters uncharted territory Short-term bias positive but overbought signals suggest some caution A close above 2,480 might be necessary to boost buying confidence Gold...

Silver is currently stuck in a consolidation phase. China, a key driver of the metal's demand, is experiencing a slowing GDP growth. But, the grey metal has other tailwinds in its favor that could...

Gold A few days ago, I wrote that gold (XAU/USD) was beginning to look like we had a new bull trend.Since then, gold has continued higher with significant gains.  The break above 2427 was the next...

Gold breaks out from its bullish flag pattern but there is another signal that is approaching code red. Various yield curves are steepening and about to un-invert. Historically, that is a recession...