Commodities Analysis & Opinion

Gold moves to new monthly lows, and miners move to new yearly lows. Is this the Chinese New Year effect?Volatility Versus PredictabilityI’ll start today’s analysis with a question that I...

OPEC says that other agencies are backpedaling on predicting future oil demand while the Financial Times (FT) reports that, “Total Energies Patrick Pouyanné has warned that governments...

Gold trades sideways in the past weekCloses profoundly below the 50-day SMA on FridayMomentum indicators turn negativeGold has been rangebound in the past few trading sessions, following its rejection...

Crude oil starts the week on a subdued note after recent volatility tied to the Israel-Hamas conflict. Middle East tensions continue to influence oil prices significantly, overshadowing other...

Trade Ideas for Monday 12th February 2024Gold XAU/USD has a 2-month rising trend line from the 13th of December offering support at 2020/2017 and we saw a low for the day & the week. However, with...

Gold is consolidating bullishly but sector weakness casts doubt it can break $2100.The key support levels remain $2000 in Gold and $22 in Silver.

The gold stocks’ latest earnings season is nearing, and it should prove awesome.  Plenty of the major gold miners were forecasting lower costs heading into year-end, which boost...

Not only does it appear that the Biden administration is losing control of the Oil market, sort of how they lost control of our border and world events, but they are also losing control of the...

We detail the current breakdown of precious metals against the stock market. Gold, Silver and gold stocks are breaking down to multi-year and in some cases multi-decade lows relative to the stock...

As Brent crude oil breaks the $80 mark, a complex blend of geopolitical tensions and supply dynamics sends shockwaves through the global energy market. In the midst of escalating tensions in the...

The impact of the BP (NYSE:BP) Whiting Indiana refinery outage was already felt in yesterday’s Energy Information Administration (EIA) weekly status update and it will be felt at gas and diesel...

Crude oil prices remain rangebound. However, refinery margins continue to strengthen driven by tightness in middle distillates. Gasoline has also played a role in this strength, with cracks rising on...

Trade Ideas for Thursday 8th February 2024.Gold XAU/USD has a 2-month rising trend line from the 13th of December offering support at 2020/2017. Longs need stops below 2014. There is a horizontal...

Gold, after making new highs in December, appears to be pausing before aiming for new highs in 2024. Geopolitical conflicts and historical trends suggest a favorable period for gold prices between...