Commodities Analysis & Opinion

Here's your daily 60 seconds trading tipHere are 3 things that could drive Gold Futures to new record highs in 2024

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...

On Friday, oil bears lost several important allies when their opponents tested the barrier of $80. Are they completely lost?Technical Picture of Crude OilLet’s start today’s analysis with...

By Mike Maharrey, Money Metals ExchangeSilver demand is expected to hit 1.2 billion ounces this year. That would rank as the second-highest annual silver demand on record.Record industrial demand for...

Oil is correcting 0.2% on Monday after closing almost 2% higher on Friday and peaking at 3.4%. WTI’s high of $80.3, last seen in November 2023, and a consolidation above $79 would indicate a...

Crude oil's dramatic surge, predating OPEC+'s supply cut extension, hints at a week filled with potential market volatility. On the macro front, the week is brimming with impactful data releases and...

Technical OverviewWest Texas Intermediate (WTI) oil maintains its upward channel on the daily chart, initiated in mid-December. After a period of range-bound trading, Friday's session concluded above...

Gold XAU/USD: Built on the 2-week bull trend and after we beat last week's high on Friday at 2041/42 for a buy signal. After Thursday's high exactly at resistance at 2049/50 prices reversed and made a...

On analysis of the moves by the gold futures during the last three weeks, I find that the bulls look not confident enough to hold the heights tested last Friday.Undoubtedly, the gold futures found...

A bold title to head this recital, Gold on Friday posting its best low-to-high intraday gain (+2.4% or +50 points) since 13 December toward settling the week at 2092, essentially tying its...