Commodities Analysis & Opinion

Gold (XAU/USD) has traded in a tight range of 2% in the past two weeks after it printed a fresh all-time high of US$2,195 on 8 March. The biggest risk event for today will be the latest Fed...

Oil apprehension is growing after the front month WTI hit the highest price since last October as expectations of supply deficit start to get priced in as more are predicting a potential peak in US...

The announcement of the week award goes to BoJ that just hiked rates for the first time in 17 years. Not without impact on gold.Yen on Verge of BreakingIn the aftermath of the decision, the Japanese...

WTI crude oil is anticipated to surge in the first quarter of 2024, marking a turnaround from the downward trend of late 2023. Geopolitical tensions in Ukraine and the Middle East, coupled with a...

First Gold breaks out and then after months, Silver breaks out. Historically, Silver begins to strongly outperform Gold around the time it breaks out.The major resistance for Silver is at $26 and $28....

The first sign of spring is rising gasoline prices. Gasoline prices are surging as Gasoline RBOB Futures hit the highest level since last September on refinery outages and seasonal factors but also...

Brent crude oil continues its rally, reaching peak values since early November 2023, with prices around USD 87.00 per barrel. Investor concerns over commodity supply, particularly due to tensions in...

Gold XAU/USD: Gold trades in a sideways consolidation to ease severely overbought conditions exactly as predicted a week ago. It is perfectly normal after a swift move higher, but it is difficult to...

We could summarize the recent price action in crude oil in one word: tests. What’s next?Technical Picture of Crude OilCrude oil closed last week above the previously broken Dec. 2023 peak and...

Homeownership is the quintessential American dream, but it’s become increasingly elusive for many households. A multitude of factors, including soaring home prices, elevated interest rates and...

Crude oil rose about 4% last week with WTI taking out the $80 and Brent the $85 barrier, reaching levels last seen in November. Factors supporting oil prices include optimism over China, a bullish...

We start with the Federal Reserve, the Open Market Committee scheduled to deliver its next Policy Statement this coming Wednesday, 20 March (at 18:00 GMT).Obviously, the FOMC shall unanimously vote to...

I’m the friendly stranger in the black sedan. Won’t you hop inside my car? Beware the Ides of March as the International Energy Agencies’ (IEA) prophecies are questionable and may be...

Oil stocks broke above important resistances, hitting a fresh multi-year peak. Is this the end of the bears?Technical Picture of the XOIIn recent days crude oil reversed and jumped above the early...