Commodities Analysis & Opinion

Gold’s breakout to new all-time nominal highs is making headlines. On Friday, the price settled at just under $2,200/oz, after gaining almost $100/oz for the week.Silver actually outperformed...

On analyzing spot gold and gold futures in the daily chart since December 4, 2023, I find futures, after hitting a new peak at $2203, have entered the overbought territory amid mere expectations for...

I know the title of this Report may sound a little bold, but after tracking the 2020 trading range from every imaginable point of view I can say with a strong vote of confidence that the beginning of...

Silver may finally break its multi-year consolidation, potentially catching up with gold's recent all-time highs and possibly targeting $50 in the long term. Despite underperforming compared to...

Gold advances sharply after claiming 50-day SMAGenerates consecutive record highs in recent sessionsMomentum indicators flag overbought conditionsGold has been in a steep uptrend following its...

With The Gold Update now in its 16th calendar year and price having just made a series of marginal fresh All-Time Highs these past three trading days (2161 Wednesday, 2172 Thursday, 2203 Friday), on...

Gold cleared $2100 on Monday and closed the week up 4% to $2185. The initial measured upside targets are $2350 and $2500.The cup and handle pattern breakout is quite visible on the weekly and monthly...

Crude oil bounced off the nearest support area, but the way to the higher levels continued to be blocked. What’s next?Technical Picture of Crude OilIn yesterday’s article on crude oil, you...

Of the many factors that determine gold price trends, the long-term cycle of inflation and deflation is of singular importance. The cycle in question corresponds closely to the 50-to-60-year economic...

We are getting a first look at OPEC’s commitment to its voluntary production cuts as US diesel crack spreads rise in response to tight supply.Cease-fire talks between Israel and Hamas failed...

Yes, gold price confirmed its breakout – in daily closing price terms. Yes, it is important.Breakout to New HighsAt the moment of writing these words, gold price is trading at about $2,161...

The possibility of a Fed rate cut along with tightening US crude oil supply and rising demand was enough to give Crude Oil WTI Futures another run above $80 a barrel before banking concerns caused a...

According to many analysts' forecasts, the price of gold may increase in 2024. Octa explains in the article what factors will influence the dynamics of the gold price and what will happen to the...

In this video, we analyze Gold’s performance after the six major breakouts of the past 45 years.