Commodities Analysis & Opinion

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.

Gold trading reached a significant milestone on Thursday, with prices hitting an all-time high of $2150.00 per Troy ounce. This remarkable surge was propelled by a confluence of factors. These include...

Nickel quotes rebounded after a prolonged decline in 2023, but the downtrend is set to continue. This comes after the Australian mining industry closed down more mines. Meanwhile, Iron ore fell to...

(XAU/USD) hit the next target of 2146/49 with a high for the day just above 2152. Further gains are expected towards 2160/62Gold: The break above 2120 was our latest buy signal and we hit the next...

The past few months have seen natural gas prices hammered on the back of robust production and a seasonally warm winter in the United States. As it stands, following recent production cuts by several...

Gold XAU/USD: Gold's break above 2120 saw us retest the all-time high at 2135. But we did not sustained the break and reversed from 2141. A break above here is another buy signal initially targeting...

Gold’s breakout from a 13-year cup & handle pattern and clearing $2100 renders it extremely difficult to argue it is not in a new secular bull market. However, confirmation will require some...

Are inaccurate reports of global oil, supply and demand starting to catch up to the global oil market?  Oil prices have been creeping higher as the market structure has priced in supply tightness...

Precious metals may finally be nearing the rally that gold and silver bulls have been waiting for.Today, we simply focus on Gold from a “weekly” price perspective. And let’s just say...

Gold is primed for a substantial move, second only to cryptocurrencies in amplitude but lacking their enduring strength. At the end of last week, we saw a swift technical completion of a bullish...

Gold's price momentum continues, with a Troy ounce of the precious metal touching a new record high, standing close to $2115.00 as of Tuesday. The surge in gold prices can be attributed to a...

I have written about Gold’s super bullish Cup & Handle Pattern multiple times over the last few years.Yesterday, Gold finally broke out from the handle and surged above $2100 to $2126. Gold...

Gold XAU/USD: Hovered from 2078 up to 2088 all morning before a burst higher in the afternoon. The break above 2090 was my buy signal for Monday and we immediately shot higher targeting 2097/99 and...