Commodities Analysis & Opinion

EIA reported inventories rose by 12 million barrels last week Volatility remains amid uncertainty Inverse head and shoulders forms Oil prices remain very volatile and last week’s unexpected and...

Trade Ideas for Thursday 15th February 2024 Gold XAU/USD held a $12 range as we consolidate after recent deep losses. Although we dipped below 1987 we only reached 1984. I feel comfortable trading in...

WTI futures retreat after testing 200-day SMAPattern formation resembles a double topMomentum indicators weaken but remain positiveWTI oil futures (March delivery) had been staging a comeback after...

Somehow oil and petroleum products become Inflation-Proof when the supply side starts to drain. The consumer price index came in hotter than expected at 3.1% in January. The core rate came in at 3.9%,...

After analysis of the movements by the gold futures since Feb. 2, 2024, I find that the big bears finally attacked on Feb. 13, 2024.This fall was evident enough to keep the trend downward for a long...

Yesterday’s stronger-than-expected US CPI print put significant pressure on gold, while oil managed to edge higher with signs of some tightening in the marketEnergy - OPEC Continues to Expect...

Today’s US CPI report will be released with Chinese markets closed for a “Golden Week” holiday.The lack of liquidity means wild price action is likely when the report is released,...

US inflation report hits gold Fewer Fed rate cuts priced into markets A loss of major technical support US inflation data finally took its toll on gold which, after holding strong above $2,000 this...

Congratulations to everyone who waited out the corrective rally. The profits in this short position are bigger than ever!Profits Soar for InvestorsSome will say that today’s slide in Gold,...

As soon as the International Energy Agency (IEA) tells you that they are comfortable with the global Oil supply outlook, it is time to worry. Oil prices are rising as the IEA which raised their demand...

Gold prices remain elevated but have yet to record the major breakout that gold bulls are looking for.Today, we revisit an important Gold ratio that we have been following for months: the Gold to U.S....

Oil prices closed marginally lower yesterday. However, gasoil cracks remain firm, suggesting a tight middle distillate market. Natural gas prices came under pressure on the back of forecasts for...

Gold has been trading in a narrow range so far this year amid a lack of clarity surrounding the timing of the US Federal Reserve's monetary policy easing cycle. Higher borrowing costs are typically...

Gold prices have remained stable despite a hawkish Fed. Meanwhile, silver price forecasts for this year are anticipating a big spike in demand. So, will grey metal be a better option for precious...